Service tax 2.0 was implemented with effect from 1 September 2018 to replace existing Goods and Services Tax (GST). It is a consumption tax levied and charged on any taxable services provided in Malaysia by a registered person in carrying on his business. The rate of service tax is 6%.
Service tax is also charged on importation of prescribed services into Malaysia which include:
In respect of imported services, businesses must be aware of the impact of service tax and withholding tax as well.
We provide comprehensive service tax support which includes service tax exemption advisory and service tax review program. Equipped with deep tax technical expertise, our tax specialists are here to support you, delivering top notch tax consulting services in line with your highest expectations to drive your business forward.
Pro-Team Solution Sdn Bhd and Proactive Tax Services Sdn Bhd provide clients with the specialized accounting support and tax services they need. We have been in the industry since 2004, and our term of professional work diligently in accordance with the highest professional standards.
Pro-Team Solution Sdn Bhd and Proactive Tax Services Sdn Bhd provide clients with the specialized accounting support and tax services they need. We have been in the industry since 2004, and our term of professional work diligently in accordance with the highest professional standards.
© Copyright 2021, Pro-Team Solution Sdn Bhd & Proactive Tax Services Sdn Bhd. All Rights Reserved.