- Malaysia’s Customs Department will implement revised service tax policies with new exemptions starting 1 July 2025.
- Exemptions include management services for certain fixed price funds, fee-based financial services for government securities, and re-insurance/re-takaful services.
- Group relief and exemptions are introduced for rental or leasing services within company groups, and for aircraft (excluding drones) and ships (excluding FSUs).
- Education services are exempt from service tax for children of foreign diplomats and for fully sponsored education fees.
- Private healthcare consultation fees by professional doctors, traditional practitioners, and allied health services at registered facilities are exempt from service tax.
Source: regfollower.com
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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