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Our comments on the Government GST Discussion Paper

Certain issues raised in the GST Discussion paper are inconsistent

Click here to download Government MOF Discussion Paper..

Whether you are an accounting firm, small business, charitable organisation or school, GST will likely affect some or all of the transactions in your organisation.

Will you let it sneak up on you or will you prepare now to take control of it for your business and your clients businesses?

GST can potentially disrupt cashflows of a business, slow operations and ultimately affect the going concern of a business.

WHAT'S NEW:

GOVERNMENT DEFERMENT OF GST TO A DATE TO BE ANNOUNCED LATER.

22 February 2006. The Finance Ministry said the government has decided to defer the implementation of the goods and services tax (GST) from Jan 1, 2007 to a new date to be announced.

The private sector had highlighted the need for lead-time, especially for potential changes in business processes, development of software and training of personnel, it added.

GSTMalaysia would like to highlight to the public that the move to defer GST by the Government is to give the Public more time to prepare.

MYOB Software is GST Ready

Government MOF Discussion Paper

SMI Association of Malaysia

PWC: Where are we going with VAT/GST globally?

PIKOM welcomes GST deferment
The government's decision to postpone the Goods and Services Tax (GST) is a wise move because it will allow more time for businesses ...

Ramai sokong GST ditangguh
Pelbagai pihak menyifatkan penangguhan pelaksanaan Cukai Barangan dan Perkhidmatan (GST) sebagai keprihatinan...

Government to defer GST rule
The Finance Minister yesterday said the government has decided to defer the implementation of the goods and services tax (GST) from 1 Jan, 2007 to a new date to be announced...

ACCA head of tax asks Government to keep GST rate low
MALAYSIA, which is set to implement the goods and services tax (GST) on Jan 1, 2007, is advised to keep its GST simple and the rate low...

Keep services tax simple, urges accountants body
THE Government should keep it simple when it comes to implementing the new goods and services tax (GST) in 2007...

GST to reduce corp, individual income tax
The current sales and service taxes will be replaced with a single consumption tax, known as the Goods and Services Tax (GST)...

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