Insights

Reanda Malaysia shares regular on tax and professional information to our most valued and privileged clients including GST/Tax Updates, Incentives updates, Business Brief and other updates on the latest changes affecting your business.

Our Views

During and after the pandemic, our business ecological environment and companies’ operation practices have seen tremendous changes. Moving forward, we should focus more on re-examining the advantages we have, maintaining or strengthening them while adding new leads to further attract good foreign investment.

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The general public has opposed the GST because many do not understand how it works. In reality, the SST is included in the cost of a product but not stated on the invoice. Many people are not aware that they have been paying the SST. It is a different case for the GST, which, in contrast, is much more transparent, as businesses are required to state clearly the taxes levied on each invoice. However, this has led to the public misconception that blamed the increasing prices on the GST.

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We must not regard digitalisation as the sole objective, as it is just a supporting tool, one that helps us improve the quality of our products or services, increase efficiency, reduce manpower or help make the delivery process to customers more smoothly.

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