Thursday, December 21, 2023

Smart - Where to change tax code setting?


Effective date from 01/03/2024, government will expand service tax to cover logistics, brokerage, underwriting and karaoke, and will increase the service tax rate to 8%, but will maintain the 6% rate for services such as food and beverages and telecommunications. Service tax rate at 6% would also be imposed for parking and logistics, the Finance Ministry had said.

For SmartSQL it can’t be change

Below is the location for set the tax code setting (Smart Dynamod):

For Smart Dynamod: SST Malaysia -> Service Tax -> Setup -> Service Tax Tax Code



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