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Sunday, July 21, 2019

Tag: Goods and Services Tax

GST good, but let down by poor implementation, says economist

Kenanga Investment Bank Bhd’s Wan Suhaimie Wan Mohd Saidie hopes the tax system can be reintroduced once the country’s financial position improves.

Najib: I am not a manufacturer, so why am I taxed...

The former prime minister questions Finance Minister Lim Guan Eng on the need to change the tax mechanism since prices have not gone down.

Mustapa: Not easy to plug leakages to make up for GST...

Ex-minister Mustapa Mohamed hopes the PH government will not introduce new taxes to make up for the shortfall when reintroducing the sales and services tax.

No sales tax on yachts, spacecraft, caviar and shark fin?

Consumers Association of Penang protests against tax-exemption shown for luxury items such as Arowana fish, shark fin, lobsters, light aircraft, helicopters and cruise ships.

How scrapping the GST will play out

GST critics say the tax has raised living costs while supporters say it has given the government more income than the previous SST system.

Only BN leaders seem unburdened by GST, says Guan Eng

The Penang chief minister says MCA president Liow Tiong Lai does not understand suffering of people due to the goods and services tax.

Singaporeans to pay GST on Apps and online purchases

The Singapore government becomes the first in Southeast Asia to charge GST on imported digital services from 2020, with Malaysia expected to follow.

Sabah waiting on almost 90,000 GST statements

The statements are due from a total of 24,610 GST payers.

Over 60 food items subject to GST come July 1

The food items include various seafood, imported fruits, noodles and coconut oil.

Claim that country needs GST is false, says Rafizi

He says the country's income tax collections are more than enough, without the need for GST.

0% GST if Pakatan takes over Putrajaya, says Guan Eng

DAP secretary-general reiterates that consumers will not have to pay tax on goods and services even though the GST architecture will remain.

GST has been a blessing in disguise

Besides indirectly pushing Malaysians to adopt wise spending, the GST is also widely regarded by local economists as the new goose laying golden eggs.

Mahfuz: Rakyat the real saviour of the economy, not Najib

MP says lower employee contributions to EPF will also generate extra revenue for the government through GST.