Budget Highlights : 1) GST 6% to be enforced 01/04/2015 to - TopicsExpress

Budget Highlights : 1) GST 6% to be enforced 01/04/2015 to those with annual sales above RM500,000 2) School students to continue receiving RM100 aid 3) Pre - university & institute student to receive RM250 book voucher 4) RM2 billion Special Tourism Fund with low interest 4% to 6% to finance building of hotel, resort, theme park 5) Personal tax rate reduced within 1% to 3% effective 2015 assessment 6)Corporate tax reduced to 19% & 24% for chargeable profit above RM500K, effective 2016 assessment 7) Real Property Gain Tax 30% for disposal within 3 years, 20% disposal in 4th year & 15% disposal in 5th year, effective 01.01.2014 7) 34 cents sugar subsidy abolished effect from 26.10.2013 8) Tax payer who paid monthly PCB which equal to final tax payable is exempted to submit form BE, effective 2014 assessment 9) Tax relief of RM2,000 given to taxpayer with monthly income up to RM8,000, effective 2013 assessment. ~Thanks Mr Kam infor updated.