QUESTION:

Do you agree with the implementation of GST in

Malaysia on 2014?

• Yes, we agreed with the implementation of GST

The reasons YES?

• Lower cost of doing business.

• Fairness and equality with the GST
• Increase in global competitiveness.
QUESTION:
 The reasons NO?

• Implementation of GST will increase in the price level

• The government may possibly increase the GST rate from 4% to
15% to increase revenue.
• Worry that the GST tax may even higher than current sales tax 10%
and service tax 5%.
• Increase the tax burden on low income working group

 Do you think that Malaysian government has made a good move to

go back to SST?

• Malaysian government should not move to go back to SST.

• SST does not make much reduction but more tax is collected.
• GST applies to almost all of the goods and services in Malaysia, any
company with revenue more than RM500K will need to be
registered under GST.
• SST only applies to manufacturers or retailers on certain industry.
QUESTION:
 SST is much better than GST for the government ?

• SST back in the system, some prices have seen a decrease.

• The single-stage taxation also means that businesses incur lower
costs and that fewer businesses are impacted.
• The threshold for F&B providers is set at an annual turnover of
RM1 million, meaning that those who operate with less than RM1
million turnover would not need to charge the 6% service tax.

 What makes SST is much better than GST for the people?

• SST is people friendly as the daily consumption of food and

beverages would be much lower in price as compared to the GST
regime.
• The imposition of service charge is not governed by any law and it is
entirely at the discretion of the F&B operators.
• In order to avoid disputes, it is advised that notice be placed outside
the premises if the F&B operator is imposing a service charge
QUESTION:
• What makes SST is much better than GST for the business
community ?

• SST back in the system, some prices have seen a decrease.

• The single-stage taxation also means that businesses incur
lower costs and that fewer businesses are impacted.
• The threshold for F&B providers is set at an annual turnover
of RM1 million, meaning that those who operate with less
than RM1 million turnover would not need to charge the 6%
service tax.

 In the future, will government move to implement GST?

• In the future, yes government will move to implement the

GST