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Sales Tax and Service Tax 2018

On 31st July 2018, bills were tabled in Dewan Rakyat with the intention of repealing GST.
At the same time, the Sales Tax Act 2018 and Services Tax 2018 were also tabled to re-introduce the Sales and Services Tax to replace the GST.
The expected implementation date of SST is from 1st September 2018.
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MYOB is an award winning accounting and business management solution for Asian businesses.
It enables you to manage your business with little or no accounting knowledge. Your business processes are fully automated and the information flows through to every area in your business.
For example, when you issue an invoice, your Accounts Receivable, Inventory are also updated.
The Accounts Receivable aspect keeps you updated on who owes you money, while the Inventory aspect provides you with what is in stock at any point in time.
But, MYOB does so much more than just that.
Small to medium sized businesses benefit from stream lined operations and gain efficiency with MYOB. Employees are empowered by having real time information when needed and can be more responsive to customers.
All this while keeping track of your accounts in the background!
For Malaysian businesses, there’s more!
MYOB is an approved GST accounting software. With MYOB, you do not need to struggle with keeping track of input tax, output tax or submitting your GST returns monthly/quarterly. It all happens in the background and submission is easy with a few clicks!
Don’t take our word for it. See for yourself.
Request a no obligation, free demo and consultation and find out how MYOB can help you Mind Your Own Business. Better!