Taxes are an inseparable part of modern life, government and economics. In fact, if you look at the tax issues in more depth, you will see that the person who benefits from the tax is yourself.
Tax has a long history, and has been proven to be effective, so much so that it is synonymous with civilization that forms the backbone of a country. The government is responsible for building the country’s armed forces to prepare to defend the country and restore damage from natural disas- ters requires the proceeds of the people to carry out these programs. The government is also responsible for building public facilities such as markets to give space for people to do business and their economic activities.
Another advantage of the tax is the tax levied on goods such as alcohol, cigarettes and gambling.The tax burden on these goods is to ensure unhealthy activities such as drinking alcohol, smoking and gambling can be controlled and not cause harm to society.
One type of tax that has been introduced in many countries around the world is the Goods and Services Tax (GST).
GST has been introduced in more than 170 countries around the world and has proved successful in the context of modern economies. Countries such as Singapore, United Kingdom,Australia andThailand have long been introduced GSTand Malaysia will also introduce this tax soon.
Very soon, Malaysia will enjoy a more equitable tax on goods and services used. Currently, sales tax is at a rate of 10 percent while service tax is at a rate of about six percent. With the introduction of the GST- it will bring relief to the community.
This tax isn’t new – it will replace the current sales tax and service tax, which is considered more efficient and effective in addressing the economic issues plaguing the country. With the introduction of the goods and services tax, the country will be one step closer towards developed status.
How often do we actually look at receipts after a purchase unless it is after an expensive purchase and or after the use of a credit card? But usually after we visit the nearest 7-Eleven and buy a tin of soda, or enjoy a burger at McDonalds, we seldom, if ever take the time to look at the receipt.
As consumers, we should always be mindful of hidden charges, and as smart consumers, we should be aware of the charges imposed, and why these charges are imposed on our purchases.
The GST to be introduced soon is neither a new tax form nor an additional tax on both the tax.
In addition, the GST is set at 6%, which is a rate lower than the current rate of sales tax and service tax, and this is good news for all users.pierre-et-paul forteresseрастаможка грузов из китая
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