fbpx

learning from experience

Case Studies

get latest content

Latest news & blogs

The way we do business is affected by Law, tax and management. We 

Budget 2019

Digital Tax ? It is officially “IMPORTED TAXABLE SERVICE TAX”

Have you heard of “Imported Taxable Services Tax”? It is starting 1 Jan. Covers not just digital tax: They switched keywords from “DIGITAL” to “IMPORTED SERVICES”. Before budget 2019 announced there was a hype on government imposing NEW digital tax. When published in Finance Bill, its coverage goes way beyond that. It is HUGE. Not just online services,

Read More »
Sales and Services Tax Act 2018

FINANCE BILL : WHERE IS IT NOW?

Finance Minister had tabled the Budget 2019 in the Parliament on the 2nd of November 2018. But one thing is still pending: Businesses and Accounting Practitioners still have yet to receive the Finance Bill 2018. Isn’t that Budget has been tabled? Why do we still need the Finance Bill? That is because the Finance Bill

Read More »
Dato Subro
Sales and Services Tax Act 2018

SST : GST registrants to be migrated to SST tomorrow, says Customs D-G

IMPORTANT :GST registrants to be migrated to SST tomorrow, says Customs D-G KUALA LUMPUR, July 31 ― The Customs Department expects to automatically migrate companies that have registered under the Goods and Services Tax (GST) regime to the Sales and Service Tax (SST) beginning tomorrow and will alert them via email, Customs director-general Datuk Seri

Read More »
sneak peek into what is in SST 2.0
Sales and Services Tax Act 2018

SST : Customs Reveal NEW SST Model TODAY

IMPORTANT :Govt to table repeal of GST in Dewan Rakyat today KUALA LUMPUR, July 31 — The repeal of the Goods and Services Tax Bill 2018 will be tabled by the Finance Ministry in the Dewan Rakyat for its first reading today. It is now listed as No. 1 in the Parliament Order Paper. Other

Read More »
Sales and Services Tax Act 2018

SST rate at 10% and 6%

Sales & Services Tax bill to be passed in Parliament next month ! PETALING JAYA: Finance Minister Lim Guan Eng expects the Sales and Services Tax (SST) bill, which sets the rates at 10% for goods sales and 6% for provision of services, to be passed in August during the current Parliamentary sitting. Speaking at

Read More »
Sales and Services Tax Act 2018

Parliament commence Next Week (16 July 2018)

LOOK OUT FOR SST BILL NEXT WEEK ! As the SST is to be tabled in the Parliamentary Sitting which commences on 16 July 2018. It is a very Exciting Week indeed for the Tax Professional, Accountants and Businesses. Why so Exciting ? Since the details of the NEW SST has not been announced. The only

Read More »
Sales and Services Tax Act 2018

Replacing GST with SST will ‘return RM17bil to Malaysians,’ says Guan Eng

PETALING JAYA: Replacing the Goods and Services Tax (GST) with the Sales and Services Tax (SST) will return RM17bil to Malaysians, says the Finance Minister, even as he announced a slew of cost of living measures. At a press conference Thursday, Lim Guan Eng confirmed that the GST would be zero-rated beginning June 1. “The SST

Read More »
Sales and Services Tax Act 2018

SST implementation date among key decisions made by Cabinet

PUTRAJAYA: The Pakatan Hara­pan Cabinet has made a list of important decisions during its second meeting here. They included the implementation date of Sales and Services Tax (SST), the payment of Hari Raya bonus for civil servants as well as distribution of financial aid. It also agreed to allow the market to determine the price

Read More »
Sales and Services Tax Act 2018

Malaysia can meet fiscal deficit target even after GST is removed

PETALING JAYA: The audacious move by the Pakatan Harapan government to abolish the goods and services tax (GST) may not necessarily derail Malaysia from its fiscal deficit target, as feared by many economic pundits. While credit rating agency Moody’s described the removal of the consumption tax regime as “credit negative”, several economists expect Malaysia to

Read More »
Scroll to Top