KUALA LUMPUR: The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.
KUALA LUMPUR: The Ministry of Finance indicated that the Sales and Service Tax does not warrant the hotel room rate increases asserted by some hotel associations.
Advertisement“The SST revisions do not affect basic daily goods but may affect hotels indirectly through the expansion of service tax to cover rental on commercial properties and also sales tax on selected food items such as premium seafood and imported fruits. SPONSORED CONTENT Leading CEOs, founders to headline CEO Masterclass 2025 This two-day event promises an immersive experience with strategic keynotes, interactive fireside chats, and VIP networking sessions and more! Read more The ministry was responding to claims by hotels that they would need to raise room prices by 10 to 15 per cent following the revised tax structure.
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