Invest Made Easy
GST Unraveled! Find Out How GST Really Works!
Shane My
Publish date: Sun, 27 Oct 2013, 08:05 PM
Shane My
0 271
Like many of us, we seek for financial security and ultimately financial freedom. This blog is intended to act as a journal of investment as I journey towards that dream. At the same time, I hope that the articles written here would also benefit many others who share the same vision as me.
Since Budget 2014 was announced on Friday, There's been a slew of new articles being printed/posted/shared/circulated, explaining how GST works. As a financial planning blog, I too feel the obligation to post an article about GST based on my understanding and research so far.
What is GST?
- Stands for Goods and Service Tax
- Also known as Value Added Tax (VAT) in other countries
- Levied on the supply of goods and services at each stage of the supply chain from the supplier up to the retail stage of the distribution
- Is a broad based consumption tax covering all sectors of the economy i.e all goods and services made in Malaysia including imports.
- Will effectively replace two existing taxes (Sales Tax and Service Tax) by 1st April 2015
How GST replaces Existing Sales Tax?
Click HERE to read the full blog post! Not to be missed!
More articles on Invest Made Easy
IME versus Market Analyst - Fun with Predicting UWC's Target Price
Created by Shane My | Dec 06, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
https://dividendguy67.blogspot.com
3
Koon Yew Yin's Blog
4
5
save malaysia!
6
Mercury Securities Research
7
Good Articles to Share
8
angelinestment
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
