KTP & Company PLT

Today whole Malaysia is praying.

The story of Expanded SST (Sales and Service Tax) keeps changing like our weather — sunny one minute, hujan the next.

Here’s the short version, in case you also blur like me:

18 October 2024
Budget 2025 announce plan to expand SST scope and revise tax rates. Panic starts.

28 April 2025
MOF delay the expansion after business owners complain. Supposed to start 1 May 2025, postponed.

3 June 2025
Customs release new SST tariff list… later tarik balik.

5 June 2025
Correction — SST expansion moved to 1 July 2025.

9 June 2025
Official gazette confirm:

New tax rates
More taxable services
Exemptions for essential goods and MSMEs

11-17 June 2025
We all busy publishing guidance. Grace period until 31 December 2025, no penalty yet.

1 July 2025
Expanded SST kicks in, new rates, more services.

1 August 2025
New SST registrations open.

1 January 2026
Full enforcement, penalties start.

But wait … today (24 June 2025) rumour says another U-turn coming?

We standby. You stay tuned.

Read the full story in our blog
https://www.ktp.com.my/blog/sst-expansion-malaysia-2025/24june2025

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I’m Koh Teck Peng

Welcome to my blog, I’m the founder and principal of KTP & Company PLT. My journey in the accounting profession has been driven by a passion for numbers and a dedication to helping businesses succeed. With over 25 years of experience, I’ve had the privilege of working with a wide range of clients, from small startups to large corporations, providing them with the financial insight and strategic guidance they need to thrive.

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