GST Updates

The Goods and Services Tax (GST) has been a major topic of discussion in recent news.
In Malaysia, Dr. Wee Ka Siong has urged the government to begin preparations for reintroducing GST.
- Robust GST collections have boosted investor sentiment in India, driving a market cap surge of Rs 1 lakh cr.
- In Australia, a fully fitted restaurant opportunity is available for sale at Kippax Fair, Holt, with an asking price of $250,000 and rent of $85,000 a year plus GST.
- North Sydney Streets is seeking stars for its Street Stage, with a pool of micro-grants of up to $500 + GST available to help selected applicants deliver their activation.
- The taxation of digital goods and services has become a complex challenge facing global businesses, with the EU VAT gap being a significant issue.
- Moldova has proposed major VAT reforms, which could have significant implications for businesses operating in the country.
- Ireland's hospitality VAT rate cut has been criticized for poor targeting, with big chains being the main winners.