Budget 2025’s New Consumption Taxes & Why GST Outshines SST

Enterprise Explores

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10d ago 40:10

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What’s new in consumption taxes in Budget 2025, and why is GST considered more efficient than SST? In this episode of Enterprise Explores, we unpack the key consumption tax measures from Malaysia’s 2025 Budget and their potential impact on businesses.

From the expansion of Sales and Service Tax (SST) to premium foods, to new excise duties on sugary drinks, we break down what businesses need to know and prepare for.

Joining us is Geeta Balakrishnan, Tax Director at PwC Malaysia, to discuss the broader fiscal strategy behind these changes and how companies can navigate the evolving tax landscape.

We also dive into the ongoing debate between SST and GST, exploring which model might be more effective for Malaysia. Tune in to learn how these policies could shape your business operations.

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