The Royal Malaysian Customs Department has recently made changes to the tax rates outlined in the Service Tax Act 2018.
Starting March 1, 2024, the service tax rates under this legislation increased from 6% to 8% across all taxable services, with exceptions for specific sectors such as food and beverages, telecommunication services, and parking spaces provision.
Following this announcement clients should anticipate an additional 2% SST (Sales and Services Tax) on all impacted rates from this date.
The official announcement from the Royal Malaysian Customs Department can be viewed here: https://mysst.customs.gov.my
Should you have any specific questions about the changes to the tax or require further assistance, please do not hesitate to reach out to our team in Malaysia at [email protected]
