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Malaysia Broadens SST Scope for 2025: Updated Tax Rates and Regulations

  • Malaysia’s 2025 SST reforms raise sales tax from 0% to 5% on select goods and from 5% to 10% on items like racing bikes and hand-painted antiques.

  • Service tax now covers six new sectors, including leasing, construction, financial services, private healthcare, education, and beauty services, with rates ranging from 6% to 8% based on thresholds.

  • Businesses are urged to update registration, accounting, and pricing systems by July 1, 2025, ahead of enforcement and new penalty rules effective from January 1, 2026.

Source: vatabout.com

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