Group Urges Rethink of SST Threshold to Shield SMEs

Group urges rethink of SST threshold to shield SMEs

Increases would be passed to consumers, further driving living costs up

My Industry concerns over expanded SST

PETALING JAYA: Consumers will eventually have to bear the brunt of the expanded Sales and Service Tax (SST) set to start July 1, said Malay Contractors Association of Malaysia president Datuk Mohd Rosdi Ab Aziz. The SST, he added, will further put a dent in the thin profits of building contractors who are already struggling with higher operating costs, following the increase in prices and removal of subsidies of multiple items over the past two…