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Pheim Asset Management (Asia) PTE LTD 43, Duxton Road, Singapore 089507 Monday-Friday: 9am to 5pm Saturday: 9am to 1pm Tel: +(65) 6227-9928 Fax: +(65) 6225-9912 Email: pheim@pheim.com.sg
  /  News 2018   /  Goods and Services Tax (GST)

Goods and Services Tax (GST)

Pheim Unit Trusts Berhad implements 0% Goods and Services Tax (GST) on all sales charges with effect from 1 June 2018, in line with the zero-rated GST implementation as announced by the Ministry of Finance of Malaysia. The GST rate has been reduced from 6% to 0% on 1 June 2018.

(Note: GST was first implemented in Malaysia on 1 April 2015, at the standard rate of 6%, replacing the sales and service tax system)