Malaysia’s New Luxury Tax a Hard Sell for Anwar as Popularity Wanes

Malaysia’s new luxury tax a hard sell for Anwar as popularity wanes

Taxes of between 5 and 10 per cent will be imposed on ‘discretionary and non-essential’ goods and services from July 1.

Malaysia to introduce revised sales tax, expand services tax from July 1

A sales tax rate of 5 to 10 per cent will be imposed on non-essential and luxury goods. Read more at straitstimes.com.

More services to be taxed under revised SST from July 1, but essentials remain exempt

By DayakDaily Team KUCHING, June 9: The Sales and Service Tax (SST) will be expanded to cover more services starting July 1, 2025, but the majority of essential goods and key services used by everyday Malaysians will remain exempt to avoid burdening the public. The Ministry of Finance (MOF) today announced that the revised SST structure is part of the Madani Government’s move to strengthen the country’s fiscal position without worsening the cost…

Malaysia to expand services tax from July 1 to trim deficit

Malaysia is expanding its sales and service tax to include the construction and financial services sectors effective Jul 1, according to the Finance Ministry.

Govt to impose 5-10% sales tax on non-essentials, service tax expanded

The service tax will be expanded to include rent, lease, construction, financial services, private healthcare and education.