KUALA LUMPUR, July 24 -- The government expects to collect an additional RM5 billion in revenue during the second half of 2025 following the expansion of the Sales and Service Tax (SST) that came into effect this month.
In a written parliamentary reply to Bagan MP Lim Guan Eng, the Ministry of Finance projected that SST revenue would double to RM10 billion in 2026, the first full year after the expanded tax framework is implemented.
Lim had inquired if it would be feasible to delay the expansion of the SST, considering the global economic uncertainty caused by US President Donald Trump's tariffs, and requested a breakdown of collections by citizens and foreigners.
The ministry acknowledged public concerns over rising costs but stated t...
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