Wednesday, November 13, 2013

2014 GST in Malaysia – How the Goods and Services Tax affects You

With that in mind, sectors of the economy which were not covered under the Sales and Service Taxes may now be under the coverage of GST, as it is a broad based tax measure. Unless these things are zero-rated (ie GST is applicable, but at a 0% rate), prices of goods not previously covered under those 2 tax systems will now be affected by the broad based GST and cost more.

More info: http://savemoney.my/gst-in-malaysia-how-the-goods-and-services-tax-affects-you/

In conclusion, I will buy more clothes in future! lols

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