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ACCCIM Urges Postponement of Expanded SST to 2026. Reduce tax rate to 4%

The ACCCIM urges a delay in SST implementation to 2026, proposing a reduced tax rate and higher exemptions.

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has called for the government to delay the expanded sales and service tax (SST) implementation from July 1, 2025, to January 2026, citing the need for more preparation time and clarification. ACCCIM cautiously welcomed the SST review but proposed reducing the tax rate to 4% for 2026-2027 to ease the burden on businesses and consumers. The expanded SST covers additional services like wellness, financial, and healthcare, plus new services including rental, construction, and education. ACCCIM also urged higher tax thresholds and extended exemptions.

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