GST at 0% from June 1 2018
GST will be zero-rated for all items and services in Malaysia from June 1, the Finance Ministry announced on 16th May 2018. The ministry said Read More
Tag: goods & services tax
GST tax compliance updates in MYOB/ABSS
The latest releases of ABSS Premier and ABSS Accounting have important GST compliance updates. Accounting v26 & Premier v21 Accounting v24 & Premier v19 Accounting Read More
Changes in GST 2018
Since the introduction of GST in April 2015, there have been changes in the way we record and report GST. From changes in tax codes, Read More
GST Tax Codes in MYOB
To view the GST Tax Codes in MYOB, open your company file, then click on Lists, Tax Codes as shown in the image below: The Read More
GST Tax Codes – Malaysia
GST Tax Codes for Purchases GST code Rate Description TX 6% GST on purchases directly attributable to taxable supplies. IM 6% GST on import of Read More
GST Tax Invoice
One of the rules of GST compliance is that sales invoices issued by business must contain the following information: The words ‘tax invoice’ in a Read More
Goods and Services Tax – Malaysia
GST or, Goods and Services Tax was implemented in Malaysia commencing April 2015. All persons, not just registered businesses, conducting business with an annual gross Read More