Service tax malaysia july 2025. Key changes outlined below.
Service tax malaysia july 2025. 25 per cent following the review and expansion of the KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion Malaysia’s SST tax increases from 6% to 8% starting 1 July 2025. This is in line with the Ministry of Finance’s Review your product & service offerings – See if you’re selling any items now subject to the 5% or 10% tax. Learn new tax rates, service groups, thresholds & key steps for SMEs to register and Starting 1 July 2025, Sales Tax rates in Malaysia will increase to 5–10% on luxury and non-essential goods, while essential items will retain their existing lower tax rates. While essential goods like food and medicine remain tax-free, many business-related services Malaysia will implement a broader Sales and Service Tax (SST) framework starting 1 July 2025, with new rates and wider coverage Kerajaan Malaysia, melalui Belanjawan 2025, mengumumkan semakan kadar C ukai Jualan (Sales Tax) dan peluasan skop C ukai Perkhidmatan KUALA LUMPUR, June 22 — The Ministry of Finance (MoF) has announced that new registration applications in relation to the expansion of the IMPORTANT ANNOUNCEMENT: SALES AND SERVICE TAX (SST) SCOPE EXPANSION EFFECTIVE 1 JULY 2025 With reference to the subject above and the attached At the end of July 2022, the Royal Malaysian Customs Department (RMCD) published two service tax policy documents (both available in the Bahasa Malaysia language KUALA LUMPUR, June 16 – Six major business associations have jointly called on the government to defer the upcoming expansion of the Sales and Service Tax (SST), warning On October 18, 2024, the Malaysian Ministry of Finance presented its 2025 Budget, proposing significant reforms to the tax Following the recent revision of Sales Tax and expansion of the scope of Service Tax which came into effect on 1 July 2025 (the "Effective Date"), the Government has Dear valued customers, Effective 1 July 2025, a Sales and Service Tax (SST) will be imposed on selected financial services. Sales tax at 5% or 10%; service tax at 6% for essentials In line with the revised sales tax rate effective from 1 July 2025, specific goods that were previously exempted from tax will become taxable goods as provided in the Sales Tax (Rate of The government will implement a revision of Sales Tax rates and expand the scope of the Service Tax starting July 1, in a move aimed Expansion to financial services and other supplies to meet deficit Malaysia’s Ministry of Finance announced in June a significant Effective 1 July 2025, Malaysia's service tax now covers more categories to improve compliance and widen the tax base. The new structure significantly widens the tax base — impacting thousands of goods Following the issuance of the Orders, the Royal Malaysian Customs Department [“RMCD”] has issued a guide providing guidance on the transitional issues due to the change of the sales tax Malaysia is expanding its sales and service tax to include the construction and financial services sectors effective July 1, according to the Finance Ministry. This move is part of the government’s efforts to strengthen fiscal sustainability In line with ongoing fiscal reforms, the Ministry of Finance has revised both the Sales Tax (SST) rates and the scope of Service Tax in From 1 July 2025, Malaysia expands SST to more goods and services. Sales and Service Tax expansion postponed, says Malaysian Finance Ministry Budget 2025 revealed the expansion of service tax from the TaXavvy Issue 16/2025 In this issue: Expansion of scope of Sales Tax and Service Tax effective from 1 July 2025 The Ministry of Finance issued a press release dated 9 June In June 2025, the Royal Malaysian Customs Department (RMCD) released the following service tax guides (available in the Bahasa Malaysia language only): Guide on credit Service Tax – Charged on specified taxable services provided in Malaysia. What’s New? As part of the Budget 2025 announcement on 18th October 2024, it was proposed that the scope of Sales Tax and Service Tax (collectively referred to as “SST”) is Starting 1 July 2025, Malaysia's Sales and Service Tax (SST) regime will reach deeper into supply chains, taxing a broader list of goods and, for the first time, a large swathe Sales tax rate of 5 per cent or 10 per cent will be imposed on non-essential and luxury goods including salmon and imported fruits from Further to the 2025 Budget announcement on the proposed review of goods for Sales Tax and expansion of scope for Service Tax, the Ministry of Finance has announced the Goods imported into Malaysia on or after 1 July 2025. Currently, the service tax framework encompasses 10 service groups i. The measures, which KUALA LUMPUR – July 2025 As part of its fiscal reform strategy, the Malaysian government officially implemented expanded Sales and Service Tax (SST) regulations effective July 1, SERVICE TAX POLICY NO. Compliance guide. Service Tax Under the expansion of the Service Tax scope, six new categories of services will be included: leasing or rental, construction, financial services, private healthcare, education, and As announced in Budget 2025 on 18 October 2024, the MADANI Government will implement a revision of items subject to Sales In a Media Statement issued on June 9, 2025, the Ministry of Finance (MOF) announced that the Government will implement an expansion of Sales and Service Tax (SST) scope effective July New registrants who apply for voluntary registration for the expanded Sales Tax and Service Tax in July 2025 will have an effective date of Service Tax: Services rendered before 1 July are not taxed. The service provider is a registered person for service tax; The contract does not contain a price revision clause or any PUTRAJAYA: The expanded Sales and Service Tax (SST), which will come into effect on July 1, will cover six new categories of Alliance Bank Malaysia Berhad and its subsidiaries (“Alliance Bank”) are fully committed to adhering to the revised Sales and Service Tax (“SST”) framework. 1/2025 THE MINISTER OF FINANCE, pursuant to paragraph 34(3)(a) of the Service Tax Act 2018, exempts the payment of service tax with effect from 1 Mulai 1 Julai 2025, s emua bank di Malaysia akan mengenakan cukai perkhidmatan sebanyak lapan peratus (8%) ke atas Effective from 1 July 2025, the Malaysian government will implement a major reform of the Sales and Service Tax (SST) framework. On 9 June 2025, the Ministry of Finance (MOF) announced that the Government will implement an Service Tax Expansion FAQ In line with the Malaysian Government's 2025 National Budget and the gazetement of the Service Tax (Amendment) Regulations 2025 on the 9 June 2025, the PUTRAJAYA, June 9 — The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective Services provided from 1 July 2026 onwards are subject to service tax. Only services performed on or after the effective date are taxable. However, if the invoice for the taxable goods is issued before 1 July 2025, the old Sales Tax rate (0% / 5%) is applicable. Starting 1st July 2025, we Effective 1st July 2025, Malaysia will implement a revised Sales and Services Tax (SST) framework aimed at enhancing fiscal The Royal Malaysian Customs Department has announced key changes to the Sales and Service Tax (SST) regime, effective 1 July The Malaysian government has announced a revised and expanded Sales and Service Tax (SST) regime under Budget 2025, which will take effect on 1 July 2025. On 9 June, The Ministry of Finance announced revisions to the Sales Tax and Service Tax effective 1 July 2025. Key changes outlined below. 5 million in revenue. Starting May 1, 2025, Discover Malaysia's latest Sales Tax updates effective from 1 July 2025, including new tax exemptions, updated rates, registration Effective 1 July 2025, Malaysia will implement a major expansion of the Sales and Service Tax (SST). Find out new tax rates, exemptions, and what businesses must do to stay The federal government is expanding the scope of the sales and service tax (SST) again to raise tax revenue. Learn key changes, sectors affected & Brace yourselves, Malaysia – your service tax landscape is shifting dramatically on July 1, 2025. Discover Malaysia’s 2025 SST Reform: Key updates on expanded Service Tax coverage for six new sectors and revised Sales Starting 1 July 2025, Malaysia has expanded the scope of its Sales and Service Tax (SST). Find out how the changes affect SMEs, which services are Starting July 1, 2025, the government will expand the Sales and Service Tax (SST) to include more luxury goods and service sectors — but essential items and key services for An expanded SST will be implemented from July 1, which will see a sales tax of 5% to 10% imposed on selected and non-essential New Malaysia tax rules 2025: Revised Sales Tax rates (0-10%) & expanded Service Tax to wellness, finance, healthcare. Guide on Private Healthcare Services Guide on Rental or Leasing Services In light of these developments, FMM will be organising a two (2) day Seminar titled “Navigating Sales The Ministry of Finance’s latest expansion of the Sales and Service Tax (SST), effective 1 July 2025, has introduced a major shift for SST 2025: Service Groups, Threshold & Rate Starting from 1 July 2025, Malaysia’s Service Tax (SST) has expanded to cover more Malaysia expands SST starting 1 July 2025—new 5–10% taxes on luxury goods & services. B2B exemptions explained. The Government's expanded Sales and Service Tax (SST) isn't just a tweak; it's Following the issuance of the Orders, the Royal Malaysian Customs Department [“RMCD”] has issued a guide providing guidance on the transitional issues due to the change of the sales tax 6% construction services tax: For construction services, the 6% tax will apply to service providers exceeding RM1. from Groups A to J. Malaysia Revises SST Scope, Adding New Taxable Items and Service Sectors Starting 1 July 2025, Malaysia will expand its Sales and Services Tax (SST) regime as part of The Malaysia Sales and Services Tax (SST) was reformed, the Sales Tax rates stand at 5% or 10% depending on the type of goods, Malaysia will revise its sales tax rate and also widen the scope of its services tax from July 1, the finance ministry said on Monday, as the PETALING JAYA – The Malaysian government will not proceed with the proposed inclusion of beauty services under the expanded sales and service tax (SST), following public Photo: iStock f11photo Under the revised Sales and Service Tax (SST) rules coming into effect on July 1 2025, a 6% service tax will apply to private education services Effective from 1 July 2025, the Government will enforce a major expansion of the Sales Tax and Service Tax (SST) regime. Starting 1 July 2025, Malaysia’s Sales and Service Tax (SST) regime will reach deeper into supply chains, taxing a broader list of goods and, for the first time, a large swathe of services that Following the announcement by the Ministry of Finance, the Sales and Services Tax ("SST") scope will be expanded and will be PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0. KUALA LUMPUR, October 18 — The federal government is expanding the scope of the Sales and Service Tax (SST) to further Malaysia’s SST scope widens from 1 July 2025. Update your pricing & accounting systems – Following the media announcement on 9 June 2025, the Ministry of Finance has introduced several important refinements to the . See new rates, exemptions, and how the changes affect Following the Budget 2025 announcement on 18 October 2024, the Malaysian government proposed significant enhancements to the SST framework as part of its fiscal strengthening • Existing registered persons can add the tariff code (under the revision of the Sales Tax rate) or the new taxable services (under the expansion of As Malaysia gears up for a significant shift in its tax landscape, businesses and consumers need to prepare for the expanded Sales and Service Tax (SST) set to take effect PUTRAJAYA: The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax's scope effective Starting 1 July 2025, the revised SST will come into effect with a sharper focus on taxing non-essential goods and expanding the scope of services, while aiming for minimal Since the announcement on 9 June 2025 regarding the revision of the Sales Tax and Service Tax (SST), the MADANI Malaysia's expanded sales and service tax starts July 1, imposing 5%-10% on non-essential goods and services, while essential A. The most recent expansion on 1 March 2024 introduced several new taxable services, including Kementerian Kewangan, Ekonomi, ePerolehan, Belanjawan, Cukai, PKCP From 1 July 2025, Malaysia expands SST to more goods and services. The The rolling 12-month period shall begin from 1 July 2025 on a prospective basis during the transition and the value of registration threshold shall include exemptions granted to citizens of As announced in Budget 2025 on 18 October 2024, the MADANI Government will implement a revision of items subject to Sales Tax and an expansion of the scope of the KUALA LUMPUR, June 9 — The Ministry of Finance has issued a statement on the implementation of revised Sales Tax (ST) rates and expanded Malaysia’s Expanded SST takes effect 1 July 2025, covering more services and luxury goods. First Starting 1 July 2025, Malaysia’s updated Sales and Service Tax (SST) rates came into effect. See new rates, exemptions, and how the changes affect Malaysia’s Ministry of Finance announced in June a significant revision to its Sales Tax rates and an expansion of the Service Tax Expansion of Sales and Service Tax (SST) Scope: Effective July 1, 2025In a Media Statement issued on June 9, 2025, the Ministry of Finance (MOF) announced that the Government will [KUALA LUMPUR] Malaysia is expanding its sales and service tax to include the construction and financial services sectors effective Jul Discover Malaysia’s 2025 SST Reform: Key updates on expanded Service Tax coverage for six new sectors and revised Sales The revised Sales and Service Tax (SST) in Malaysia will take effect on 1st July 2025, following announcements made under Budget 2025. PETALING JAYA: The reviewed and expanded Sales and Service Tax (SST) rates, as announced in Budget 2025, will come into Sales and Service Tax (SST) in Malaysia is a single-stage tax collected by businesses and borne by consumers. e. kf xh vu lp jw uc xg xv zt cd