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Accountants Urge Reintroduction of 3% Flat-Rate GST in Sabah to Ease Business Burden

  • Accountants association urges government to reintroduce simplified GST
  • Concerns about SST expansion burdening businesses and consumers in Sabah
  • SAPA suggests a flat-rate GST at 3 percent for fairness and transparency
  • Proposal aims to ease administrative burdens and reduce cost layering
  • SAPA president believes modern GST with exemptions would benefit Malaysia’s fiscal goals

Source: thestar.com.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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