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SST expansion set to raise living costs, burden businesses . . . KUCHING: The upcoming expansion of the Sales and Service Tax (SST), effective July 1, is expected to significantly increase the cost of living and place greater compliance pressure on businesses throughout Malaysia, including Sarawak
Sarawak electric tariff rates to reflect new SST increase . . . KUCHING: Sarawak will adhere to the new Sales and Service Tax (SST) rate of eight per cent imposed on electricity consumption exceeding 600 kilowatt-hours (kWh) per month, the Sarawak Public Communications Unit reported
SST expansion triggers new wave of inflation, Finance . . . Effective July 1, the revised SST sees not only an increase in the tax rate from 6 percent to 8 percent but also an expanded scope to include services such as leasing, construction, finance, private healthcare, and some segments of the education sector Certain non-essential goods now carry tax rates of up to 10 percent
Dapsy S’wak urges SST expansion delay, warns of double . . . Dapsy Sarawak treasurer Wong King Yii today voiced concern over the short timeline for the SST expansion set to take effect on July 1, saying the move could hit businesses hard, particularly in adapting to new compliance and reporting requirements at such short notice
Economists back SST over GST despite M40 squeeze, as fiscal . . . SHAH ALAM, June 17 — Malaysia’s fiscal deficit has narrowed to 4 5 per cent of the national gross domestic product in the first quarter of 2025, down from 5 7 per cent in the same period last year This is said to reflect improved revenue collection from the revised Sales and Services Tax (SST) and recent subsidy rationalisation efforts
Energy-intensive players to pay SST - The Star KUCHING: Energy intensive ferroalloy and polysilicon manufacturers in Sarawak will have to pay state sales tax (SST) of 1 5% from Sept 1, 2024