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SMEs prefer GST over SST, says think tank - Vimarsana News

SMEs prefer GST over SST, says think tank

AN INDEPENDENT think tank wants the government to reintroduce GST in place of the SST, saying GST was the preferred choice of taxation for various business associations due to its transparency and fairness.

Freight forwarders want clarity on LVG quickly - Vimarsana News

Freight forwarders want clarity on LVG quickly

PETALING JAYA: While the govern­ment has given some information on the 10% sales tax for low-value goods (LVG) that is now in effect, much more detailed information should be forthcoming in order to assist importers, says the Airfreight Forwarders Association of Malaysia (Afam).

Tax on imported LVG will boost consumer demand for local products - Vimarsana News

Tax on imported LVG will boost consumer demand for local products

KUALA LUMPUR: The implementation of a 10 per cent sales tax on low-value goods (LVG) costing RM500 and below sold online would allow local businesses to market their products of the same quality at an even selling price, thus boosting consumer demands.

LVG tax will level playing field for local businesses, says trade association chief - Vimarsana News

LVG tax will level playing field for local businesses, says trade association chief

JOHOR BARU: Implementing the low-value goods (LVG) tax is a move that will widen the tax base without affecting the lower-income groups, says the Malaysian Electrical Appliances Distribution Association (Meade).

New LVG tax: Buy now or later? - Vimarsana News

New LVG tax: Buy now or later?

For most of us, the start of a new year means new resolutions and new beginnings.