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Threshold for annual sales tax to be raised to RM500,000 under SST

Wednesday, 08 August 2018 11:00 News 922 Views

KUALA LUMPUR, Aug 7 (Bernama) -- The Government will increase the annual sales threshold for eligibility to register for the Sales Tax to RM500,000 annually under the Sales and Tax Service Tax (SST) from RM100,000 previously. Finance Minister Lim Guan Eng said the annual turnover threshold of RM500,000 would also apply to manufacturers who carried out sub-manufacturing activities, for which the annual sales threshold was at RM20,000 before.

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