Dec 7 2025, 03:25 AM
QUOTE(ameliorate @ Dec 6 2025, 11:32 PM)
Why would bringing back GST better? GST threshold is RM500k. You still need to invest in GST system. SME will still kena.
If e-invoice is bad, GST will be worst as you need to wait for refund. Most of you have never done business. You only look at it from consumer point of view.
Most businesses don't need refunds because the GST that the suppliers charged (input tax) is deducted from GST that are charge to customers (output tax). You will only need refunds if your business is very lousy. such as sales very bad and you have over-ordered too much slow-moving stocks. Or if you only deal with products that are zero-rated. Zero-rating too many products was Najib's biggest mistake. It was supposed to show how caring the gov was, but it became a refund nightmare. We should have followed Singapore's GST - no zero rated items.If e-invoice is bad, GST will be worst as you need to wait for refund. Most of you have never done business. You only look at it from consumer point of view.
This post has been edited by trusol: Dec 7 2025, 03:27 AM
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