- Service Tax will increase from 6% to 8% starting March 1, 2024
- Proposal to expand the scope of taxable persons and services for Service Tax
- Implementation of sales tax on Low-Value Goods (LVG) postponed to April 1, 2023
- Sales tax on LVG will commence on January 1, 2024 as announced by RMCD
- Guidelines and FAQs on the implementation available on RMCD website
Source: bdo.my
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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