"There's no such thing as a free lunch". And definitely not in the GST world. Goods or services supplied for no consideration are sometimes subject to GST in certain situations. Raja and Tim explain the technicalities and share common mistakes made by businesses.

GST 2go

Episode 5: Deemed Supplies

The value of a GST supply plays a big part in determining the amount of tax to be charged. Not getting this right could mean underpayment or late payment of tax, which could translate into penalty and/or tarnished business reputation. Tim and Wai Choong bring us through the valuation approach.

Episode 4: Value of Supply

There were two themes coming out of the recent Budget 2018 announcement in the context of GST. They relate to harmonisation of GST treatment and relief granted on specific transactions. Raja and Wai Choong share the finer details and what businesses need to consider.

Special Episode: Budget 2018

The Finance Bill was tabled in parliament for its first reading on 31 October 2017. Like the Budget announcement, it was relatively quiet on GST. Raja and Wai Choong break down the four amendments in this special episode.

Special Episode: Finance Bill

The place where a supply is made determines whether GST applies and at what rate. Tim and Wai Choong share common mistakes businesses make.

Episode 3: Place of Supply

Concepts like Basic Tax Point and the '21 Days Rule' help to determine when a GST supply should be reported. But things are not as simply as they seem.

Episode 2: Time of Supply

What are the different types of GST supply? Is a supply considered a 'good' or a 'service' under GST rules? Raja and Wai Choong explain.

Episode 1: Type of Supply

It's been two years since GST was implemented in Malaysia. Have you got the hang of the rules and how they apply to your business? Our tax experts share their perspectives, twice a month, on things you should consider when it comes to complying with GST rules.