Budget 2024: Service tax to be raised to 8%, says PM
Published on 13 Oct 2023 5:21:05 PM
The government plans to raise service tax from 6% to 8% but this will not include services such as food, beverages and telecommunications, says Prime Minister Anwar Ibrahim.
E-invoicing will also become mandatory for taxpayers with income or annual sales exceeding RM100mil from Aug 1, 2024.
Read more at https://tinyurl.com/27nz2ra5
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The government plans to raise service tax from 6% to 8% but this will not include services such as food, beverages and telecommunications, says Prime Minister Anwar Ibrahim.
E-invoicing will also become mandatory for taxpayers with income or annual sales exceeding RM100mil from Aug 1, 2024.
Read more at https://tinyurl.com/27nz2ra5
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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