Will the GST rate be increased in the near future like what has been done by the Singapore government?
The main objective of the government is to ensure the
efficient implementation of the GST. The government has no plans to
increase the GST rate like what has been done by the Singapore
government. The government is concerned and always take into
consideration the interest and welfare of the rakyat before making any
policy changes. It is important to note that even though the sales tax
was implemented since 1972, the rate has been increased only once in
1983, whilst the rate of service tax has never been increased since its
introduction in 1975.