The Sales Tax Rate in Malaysia stands at 10 percent. Sales Tax Rate in Malaysia averaged 9.14 percent from 2006 until 2019, reaching an all time high of 10 percent in 2007 and a record low of 6 percent in 2015. source: Inland Revenue Board of Malaysia

Sales Tax Rate in Malaysia is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Sales and Services Tax - SST is projected to trend around 10.00 percent in 2020, according to our econometric models.


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Malaysia Sales and Services Tax - SST

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 6.00 2006 - 2019 percent Yearly


Malaysia Sales and Services Tax - SST
On September 1st 2018, the Sales and Services Tax (SST) was reintroduced to replace the unpopular Goods and Services Tax (GST). Under the new SST, goods are taxed between 5 to 10 percent and services at 6 percent. The previous GST regime introduced on April 1st 2015 covered a broader range of items and services at a 6 percent rate. In Malaysia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Malaysia.

Malaysia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 30.00 24.00 percent [+]
Personal Income Tax Rate 28.00 28.00 28.00 25.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 6.00 percent [+]
Social Security Rate 23.00 23.00 25.29 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 13.78 12.00 percent [+]
Social Security Rate For Employees 11.00 11.00 11.50 8.00 percent [+]