Scope of SST to expand progressively, implementation on May 1, 2025

KUALA LUMPUR: The scope of the sales and services tax (SST) will be expanded progressively and implemented on May 1, 2025, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also the finance minister, said a portion of the revenue be utilised to improve cash assistance for the broader public and enhance the quality of education and health services.

“To ensure business continuity, the government will conduct engagement sessions with stakeholders and relevant industries before finalising the scope of the expansion and the tax rate to be imposed,” he said when presenting Budget 2025 in the Dewan Rakyat today.

Anwar said the government proposed to progressively broaden the tax base by introducing a two per cent tax on dividend income exceeding RM100,000 gained by individual shareholders from the assessment year 2025.

“This initiative is implemented to ensure the income tax collected is not solely dependent on contributions from wage owners but also encompasses contributions from company owners as well as individuals with shareholdings in the millions.

ALSO READ: Immediate allocation of RM150m for local authorities, did to tackle flash floods

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The Guardian questioned whether any content found on the Internet after
ChatGPT’s release “can be truly trusted” and called for government regulation. In June 2023, hundreds of people
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To build a safety system against harmful content (e.g., sexual abuse, violence, racism, sexism), OpenAI used outsourced Kenyan workers,
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The fine-tuning process involved supervised learning and reinforcement learning from human feedback (RLHF).
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In some cases, Facebook Marketplace offers promotional discounts or incentives for resellers
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be sure to know how the shipping works. Did you know that over 1.1 billion people
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