PUTRAJAYA, June 9 — The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope, effective from July 1, 2025, to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

KUALA LUMPUR, March 31 — The Finance Ministry (MoF) has refined the scope for service tax exemptions to alleviate the direct impact on the rakyat’s living cost and cascading tax incidences in the logistics sector.

KUALA LUMPUR, March 26 — Prime Minister Datuk Seri Anwar Ibrahim is expected to explain the impact of the increase in Service Tax from six to eight per cent on the people’s cost of living and also on industrial production costs at today’s Dewan Rakyat session.

KUALA LUMPUR, March 21 — Stakeholders in the maritime sector have urged the government to reassess the implementation of a 6 per cent service tax on the ship maintenance, repair, and overhaul (MRO) segment to safeguard the local marine industry.

KUALA LUMPUR, March 15 — The Master Builders Association Malaysia (MBAM) has “strongly urged” the government to consider providing tax exemption for intragroup services in logistics and maintenance and repair services, “not only for the same taxable services under logistics services.” Its...

SEPANG, March 4 — The proposal to retain the six per cent service tax for domestic flights will be discussed in this week's Cabinet meeting, said Transport Minister Anthony Loke.

KUALA LUMPUR, Feb 29 — The government's decision to keep the service tax unchanged at 6 per cent for logistics services will help alleviate the cost impact on businesses and consumers, says Ernst & Young Tax Consultants Sdn Bhd (EY).

KUALA LUMPUR, Feb 28 — The increase in the Service Tax rate from 6.0 per cent to 8.0 per cent, effective from March 1, 2024, only affects discretionary services activities and business-to-business (B2B) activities, according to the Finance Ministry (MOF).

KUALA LUMPUR, Feb 28 — Over 80 per cent of domestic users whose monthly electricity consumption is 600 kilowatts per hour (kWh) and below will continue to enjoy zero service tax on their power bills, says Treasury Secretary-General Datuk Johan Mahmood Merican.

By Amar Shah Mohsen SHAH ALAM, Oct 13 – Starting next year, the country’s service tax will be increased by two percentage points to 8 per cent, Prime Minister Datuk Seri Anwar Ibrahim told the Dewan Rakyat today. To ensure the move does not burden the public, Anwar said the new rate will not...

KUALA LUMPUR, March 21 — The Ministry of Finance (MOF) has announced that an excise duty and two taxes under Budget 2022 that were scheduled to be implemented this year will be delayed to a date to be announced later.