1. What is Malaysia SST?

The Sales and Service Tax (SST) is a single-stage tax system implemented in Malaysia, replacing the Goods and Services Tax (GST). It's levied on taxable goods and services at the manufacturing, importation, and distribution levels.

2. How Does the Calculator Work?

The calculator uses the simple SST equation:

Where:

• \( Price \) — The original price before tax (MYR)
• \( SST \) — The Sales and Service Tax rate (%)

Explanation: The tax amount is calculated by multiplying the original price by the SST rate (converted from percentage to decimal).

3. Importance of SST Calculation

Details: Accurate SST calculation is crucial for businesses to comply with Malaysian tax regulations, price products correctly, and maintain proper financial records.

4. Using the Calculator

Tips: Enter the original price in MYR and the applicable SST rate (typically 6% or 10% in Malaysia). The calculator will compute both the tax amount and total price including tax.

5. Frequently Asked Questions (FAQ)

Q1: What's the current SST rate in Malaysia?
A: As of 2023, the standard SST rate is 6% for services and 5-10% for goods, depending on the category.

Q2: How is SST different from GST?
A: SST is a single-stage tax applied at one point in the supply chain, while GST was a multi-stage tax applied at every transaction point.

Q3: Are all goods and services subject to SST?
A: No, certain essential goods and services are exempt from SST. Check with the Royal Malaysian Customs Department for the latest exemptions.

Q4: Who needs to register for SST?
A: Businesses with taxable sales exceeding RM500,000 per year must register for SST.

Q5: How often should SST be paid?
A: Registered businesses typically need to file SST returns and make payments every two months.