Jun 9 2025, 06:39 PM
QUOTE(nelson969 @ Jun 9 2025, 06:15 PM)
PETALING JAYA: The reviewed and expanded Sales and Service Tax (SST) rate, as announced in Budget 2025, will come into effect on July 1, 2025, says the Finance Ministry.
In a statement on Monday (June 9) the ministry said this measure is to strengthen the country's fiscal position by increasing revenue and broadening the tax base.
It added this would improve the quality of the social safety net without over-burdening the people.
The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
Finance Minister II Datuk Seri Amir Hamzah Azizan said these measures are aimed at improving the quality of the social safety net without burdening the majority of Malaysians.
"The government is committed to continuing the reforms under the MADANI Economy framework. To ensure that the majority of people are not affected by the Sales and Service Tax (SST) revision, the MADANI government is taking a targeted approach to ensure that basic goods and services are not taxed.
"In addition, various facilities are also being provided to mitigate the impact on micro, small, and medium enterprises (MSMEs),” he said in a statement today.
Amir Hamzah said that complementing the MADANI Government’s efforts to stimulate the economy and strengthen the social safety net, the additional revenue from the SST enhancements will go towards further public service improvements. - Bernama
Waiting SST portal update, then make new post about SST 8% stuff, rental is one of them base from YYC
https://www.thestar.com.my/news/nation/2025...o-effect-july-1
https://www.thestar.com.my/business/busines...ive-july-1-2025
the Sales Tax Exemption List also features many items which are no longer included, In a statement on Monday (June 9) the ministry said this measure is to strengthen the country's fiscal position by increasing revenue and broadening the tax base.
It added this would improve the quality of the social safety net without over-burdening the people.
The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
Finance Minister II Datuk Seri Amir Hamzah Azizan said these measures are aimed at improving the quality of the social safety net without burdening the majority of Malaysians.
"The government is committed to continuing the reforms under the MADANI Economy framework. To ensure that the majority of people are not affected by the Sales and Service Tax (SST) revision, the MADANI government is taking a targeted approach to ensure that basic goods and services are not taxed.
"In addition, various facilities are also being provided to mitigate the impact on micro, small, and medium enterprises (MSMEs),” he said in a statement today.
Amir Hamzah said that complementing the MADANI Government’s efforts to stimulate the economy and strengthen the social safety net, the additional revenue from the SST enhancements will go towards further public service improvements. - Bernama
Waiting SST portal update, then make new post about SST 8% stuff, rental is one of them base from YYC
https://www.thestar.com.my/news/nation/2025...o-effect-july-1
https://www.thestar.com.my/business/busines...ive-july-1-2025
this includes but not limited to;
Section
04.03 Yogurt
04.04 Whey
06.03 Cut Flowers
08.03 Bananas
08.04 Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried.
08.05 Citrus fruit, fresh or dried.
08.06 Grapes, fresh or dried.
08.07 Melons (including watermelons) and papaws (papayas), fresh.
08.08 Apples, pears and quinces, fresh.
08.09 Apricots, cherries, peaches (including nectarines), plums and sloes, fresh.
08.10 Other fruit, fresh.
Wheats, Grains, starches also have changes;
soya beans, groundnuts also have changes
cocoa beans (section 18)
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