SST stays, with GS-style tweaks to curb cascading effect, Dewan Rakyat told

Malaysia's tax collection for the current year has reached RM129.6 billion, marking a nine percent increase from RM119.1 billion in 2025, largely due to enhanced corporate income tax and sales and service tax (SST) revenue.

The government aims to achieve a total tax revenue target of RM343.1 billion for 2026.

Deputy Finance Minister Liew Chin Tong emphasized the continuation of the SST framework, citing its ease of understanding and historical precedence, while incorporating elements of the GST to mitigate double taxation concerns.

KUALA LUMPUR, Oct 7 — Malaysia’s total tax collection this year has reached RM129.6 billion, up nine per cent from RM119.1 billion in the same period in 2025, the Dewan Rakyat was told today.

Deputy Finance Minister Liew Chin Tong said the increase was driven mainly by higher corporate income tax collection, alongside higher sales and service tax (SST) receipts from the food and beverage, insurance and logistics sectors.

“The government is committed to achieving its target tax revenue collection of RM343.1 billion for the full year 2026,” he said.

He was responding to Opposition Leader and Larut MP Datuk Seri Hamzah Zainudin, who asked the Finance Minister to state the country’s total tax collection this year compared with previous years.

In reply to supplementary questions on whether the government would return to the Goods and Services Tax (GST) or adopt a hybrid GST-SST model to eliminate cascading tax effects, Liew said Putrajaya would keep the SST framework.

He said the government was, however, incorporating elements of the GST mechanism so that businesses would not face double taxation or cascading cost pressures.

“Why do we want to continue with the SST system? Because the SST system is easier to understand by everyone and has a history spanning over 50 years,” he said.

Human rights shouldn’t be a box-ticking exercise, Azalina tells businesses

Ten saved from house fire in Perai

Melaka poll dates in focus at special EC meeting today

马来西亚本年度的税收收入已达 1296 亿令吉，比 2025 年的 1191 亿令吉增长了 9%，这主要归功于企业所得税和销售及服务税 (SST) 收入的增加。

政府的目标是到 2026 年实现 3431 亿令吉的税收总额目标。

财政部副部长刘振东强调将继续沿用销售与服务税（SST）框架，理由是该框架易于理解且有历史先例，同时融入消费税（GST）的要素以减轻双重征税的担忧。

吉隆坡，10月7日讯——马来西亚国会下议院今天获悉，今年马来西亚的税收总额已达1296亿令吉，比2025年同期的1191亿令吉增长了9%。

财政部副部长刘振东表示，税收增长主要得益于企业所得税收入增加，以及食品饮料、保险和物流行业的销售和服务税（SST）收入增加。

他说：“政府致力于实现2026年全年3431亿令吉的税收目标。”

他是在回应反对党领袖兼拉律国会议员拿督斯里韩沙再努丁的质询，韩沙再努丁要求财政部长说明今年该国的税收总额与往年相比如何。

针对有关政府是否会恢复商品及服务税 (GST) 或采用 GST-SST 混合模式以消除税收级联效应的补充问题，刘静静表示，布城将保留 SST 框架。

他表示，政府正在将消费税机制的某些要素纳入其中，以避免企业面临双重征税或成本级联压力。

“我们为什么要继续使用SST系统？因为SST系统更容易被所有人理解，而且它已经有50多年的历史了，”他说。

阿扎利娜告诉企业，人权不应该只是走过场。

北赖一处民宅发生火灾，十人获救。

今天特别选举委员会会议将重点讨论马六甲州选举日期。