Budget 2024: Strengthen National Economy, Accelerate Business Sectorhttps://www.mof.gov.my/portal/en/news/press-citations/budget-2024-strengthen-national-economy-accelerate-business-sector

13 October 2023 be implemented to expand the national revenue base, while at the same time not burden the majority of the people. Increase in SST "The government plans to increase the (sales and) service tax rate to 8 per cent from 6 per cent. The government will also...

• Type: Article
• Author: Noris
• Category: Press Citations
• Language: en-GB

Budget 2024: Over 30 High-Priority Flood Mitigation Projects To Be Implemented - Anwarhttps://www.mof.gov.my/portal/en/news/press-citations/budget-2024-over-30-high-priority-flood-mitigation-projects-to-be-implemented-anwar

13 October 2023 said when presenting Budget 2024 in the Dewan Rakyat today. Anwar, who is also Finance Minister, said letters of acceptance (SST) for 24 projects are expected to be issued from this month, involving a total cost of RM5.1 billion, while the rest will...

• Type: Article
• Author: Noris
• Category: Press Citations
• Language: en-GB

Bernama - Govt Open To Various Options To Boost Revenuehttps://www.mof.gov.my/portal/en/news/press-citations/bernama-govt-open-to-various-options-to-boost-revenue

08 October 2020 KUALA LUMPUR, Oct 8 -- Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz says widening the Sales and Services Tax (SST) is one of the many options available to expand the government’s revenue base but the timing has to be right. “We are...

• Type: Article
• Author: Noris
• Category: Press Citations
• Language: en-GB

After Apples And Oranges, MOF Announces Exemption For Beauty Services From Service Tax Expansionhttps://www.mof.gov.my/portal/en/news/press-citations/after-apples-and-oranges-mof-announces-exemption-for-beauty-services-from-service-tax-expansion

27 June 2025 the public and industry. “Since the announcement on June 9, 2025 regarding the revision of the Sales Tax and Service Tax (SST), the MADANI Government has closely followed feedback received from the rakyat and engaged with industry on the proposed...

• Type: Article
• Author: Saidi
• Category: Press Citations
• Language: en-GB

Targeted Revision Of Sales Tax Rate And Expansion Of Service Tax Scope Effective 1 July 2025https://www.mof.gov.my/portal/en/news/press-release/targeted-revision-of-sales-tax-rate-and-expansion-of-service-tax-scope-effective-1-july-2025

09 June 2025 revenue and broadening the tax base without adding undue burden on the majority of Malaysians. The Sales and Service Tax (SST) revision underwent an engagement process with key stakeholders, particularly industry associations and tax agents. The...

• Type: Article
• Author: Noris
• Category: Press Release
• Language: en-GB