GST compliance and challenges for SMEs in Malaysia

Resource Information

The work GST compliance and challenges for SMEs in Malaysia represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

GST compliance and challenges for SMEs in Malaysia

Creator

• Mun Ching, Y
• Kasipillai, J
• Sarker, A

Subject

• compliance costs
• GST
• SME

Language

eng

Summary

Malaysia introduced GST in April 2015 to reduce its budget deficit. This study investigates how the introduction of GST impacts SME owners in the retail sector. The authors conducted semi-structured face-to-face interviews with owners of GST-registered SMEs within the context of the theory of reasoned action model. Findings reveal mixed results on the attitudes and perceptions of the interviewees. Compliance costs are proportionally higher among SMEs and these enterprises are often not adequately prepared to accommodate the new tax provision into their existing businesses. The study identifies the relationships among the factors that influence the intention and compliance behaviour of GST taxpayers

Citation source

In: eJournal of Tax Research. - Sydney. - Vol. 15 (2017), no. 3 ; p. 457-489

Geographic coverage

Asia

Language note

English