PETALING JAYA: Stakeholders are pressing the government to reassess the expanded Sales and Service Tax (SST), effective July 1, citing its potential to spike living costs and burden small businesses. Fomca’s Saravanan Thambirajah warned that the 5% tax on essentials like cooking oil will hit B40 and M40 households hardest, forcing trade-offs on nutrition and healthcare. SME Association Malaysia’s Datuk William Ng urged raising the SST registration threshold to RM2mil to ease pressure on small enterprises. Calls for targeted cash aid, clearer tax guidance, and strict price monitoring aim to curb inflation and profiteering. Jangan beban rakyat.
SST Review
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