What’s affected by the expanded SST
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SST expansion unlikely to affect residential housing sector significantly
The upcoming revision and expansion of Malaysia’s Sales and Service Tax (SST), effective July 1, 2025, is expected to have minimal impact on the residential housing sector. According to RHB Investment Bank Bhd, contractors focused on residential projects, such as MGB Bhd and Kerjaya Prospek Group Bhd, will remain largely unaffected. The revised SST introduces a 6% services tax on construction services, applicable to contractors with annual reven…
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