top of page

Malaysia SST

The Malaysia Sales and Service Tax (SST) applies to the sale and provision of goods and services at varying rates. The SST rate has been revised from 6% to 8%, with effective from 1 March 2024.

SST threshold:

All businesses (except exempted goods)

Sales > RM500,000

Food and beverage sector

Sales > RM1,500,000

 

Revised SST rates:

Sales tax @ 5%

·        Petroleum oils

·        Construction materials

·        Timepieces

·        Cod liver oil

·        Telecommunications

·        Foodstuffs

·        IT

·        Printing materials

·        Hardware

Service tax @ 6%

·        Domestic flight

·        Restaurants

·        Electricity

·        Telecoms

·        Digital supplies

Service tax @ 8%

·        Hotel and accommodation industry

·        Credit card and charge card processing

·        Entertainment and leisure industry

·        Maintenance or repair services

·        Professional services

·        Other services industry

Sales tax @ 10%

Standard sales tax rate on taxable goods and imported taxable goods. Generally applied to luxury items.

Zero-rated

Any zero-rated supplies (e.g. raw food, sugar, water and utilities)


17 views0 comments

Recent Posts

See All

Director vs Shareholder

A director and a shareholder bear different responsibilities in a company. Here are a few differences that you should know:

Tax Penalty for Company

In Malaysia, companies may face penalties imposed by Lembaga Hasil Dalam Negeri (LHDN) for late submission or non-payment of taxes, inaccurate reporting, failure to maintain proper records and other n

Comentarios


bottom of page