BFM Podcast

Low Value Goods Tax Incoming

Tan KW
Publish date: Mon, 18 Dec 2023, 06:52 PM
Low Value Goods Tax Incoming

18-Dec-23 17:00

Dr Carmelo Ferlito, CEO, Centre for Market Education

Goods sold online that are priced RM500 and below will now have a 10% sales tax beginning January 1, 2024. We speak to economist Dr Carmelo Ferlito on the impact of this low value goods tax, both on our economy and on our consumption habits.

Image Credit: Unsplash

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