Since the implementation of Sales and Service Tax (SST) on September 1, 2018, businesses in Malaysia are required to comply with the new tax regulations to avoid penalties and ensure smooth operations. At AL Corporate House, we provide expert guidance and support for businesses navigating SST registration and compliance.
Our SST Services Include:
- Early Registration Assistance: Helping businesses submit their SST registration early to ensure timely compliance with government regulations.
- Sales Tax Advisory: Providing advice on the taxable goods and manufacturing processes, including the sale of locally manufactured or imported goods.
- Service Tax Advisory: Offering guidance on taxable services such as accommodation, advertising, courier services, IT services, motor vehicle repairs, and more.
- Tax Calculation and Filing: Ensuring accurate tax calculations, timely submission of returns, and compliance with SST rates.
- SST Rate and Threshold Guidance: Advising on applicable tax rates (5%, 10%, or 6%) and helping you determine whether your business meets the taxable threshold, which is RM500,000, with specific exceptions.
SST Taxable Services Include:
- Accommodation, Advertising Services, Betting and Gaming
- Broking and Underwriting, Courier Services, Customs Agents Services
- Domestic Flights, Electricity, Food & Beverages, Motor Vehicle Services
- Professional Services, Telecommunication Services, and more
SST Tax Rates:
- Sales Tax: 5% or 10%, depending on the nature of the product.
- Service Tax: 6%, with specific rates for credit card services and other industries.
Let us help you ensure that your business is fully compliant with SST regulations and optimize your tax position.
Malaysia