GST Coming Soon - Register for Guidance, Development & Consultancy

Have you filed a tax return? Oh, don't remind me of this every time Ronald, depressingly and annoyingly replied by Mr. Dug. People usually don't like paying taxes and this thing has evolved the tax evasion techniques. But why don't they like paying taxes is because they take it as an expense without any gain. Taxes were meant to be applied for Raising funds and then utilising them for the better and advance infrastructures. So unfortunately, some corrupt higher  authorities have started benefiting from the taxes paid by poor public. And this misuse of funds that are raised through a large percentage of taxes and duties has resulted in poor development of infrastructure.

So apart from other reasons, this one is the main reason why people don't really like paying taxes. The mentality of people is their paid taxes do not worth. In fact this is true.

But now is the time when tax system here in Malaysia is going to be revolutionised by introducing Goods and Services Tax (GST) in replacement of Sales and Services Tax (SST). Currently it is a whim in Malaysia that GST is something new so entrepreneurs, business men, vendors, small business sectors are rushing to understand GST system. However, GST is not a new tax system. In western countries it is known as VAT - Value Added Tax.

GST is a business friendly tax system. Due to its deep categorisation and widely spread coverage of goods and services along with 24 critical tax codes (11 Sales, 13 Purchase) it is, therefore, seen as a complex tax system. On the other hand it is going to show a good relief for several sectors as various goods and services come under the categories of '0 Rated' and 'Exempted'. To fully understand these categories we definitely need to go for complete GST guide, GST awareness and understanding programs.

GST is not merely a taxation issue rather it is a whole tax system that your business requires to fully implement in order to meet its criteria in the long run. Because eventually a very small business like a medium level supplier will have to go for GST registration, you would really like to know why? So the reason is GST input tax claim from custom. Not very much sure off all these terms? No problem at all, I have all the GST solutions for your business.

I am offering full pack of services for GST ranging from GST understanding, GST software development, customised in-house GST niche training program to GST advisory and consultancy.

I am running a training providing company approved by the customs under class 'A'. Apart from GST training programs and courses I am providing several other business management courses too. Please contact me for more details. Thank You for reading this blog. For more information please follow this blog.