- The Royal Malaysian Customs Department updated its guide for vehicle parking services and motor vehicle service/repair centres.
- The main change reflects the service tax increase from 6% to 8% effective 1 March 2024.
- Parking space services are exempt from the increase and remain taxed at 6%.
- Businesses must apply the correct tax rates and report them accurately in SST-02 returns.
Source: taxathand.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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