Affect of GST on Malaysian Tourism

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Will GST Affect Tourism in Malaysia? 
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Introduction

• Travelling and shopping are two major source of
  entertainment for people.
• But both have a cost attached to them.
• What if you can travel and shop with less cost?

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• Malaysia which is more commonly known as truly
  Asia is one of the best countries to visit for
  tourism.
• Malaysia has best food and places to offer to
  foreigners
• And if you have best credit cards that help you
  get most of tourism then you have reached the
  right place.

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• Malaysian Government announced new tax, GST
• Fully known as Goods an Services Tax
• This tax is levied on individual goods and
  services
• The point raised here is what impact, if any,
  will caused on the tourism of Malaysia?

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• The Malaysian government is concerned that what
  impact will this cause on tourism
• It is predicted that this tax will boost the
  ticket prices, food prices and will make the
  shopping in country a little more pricy.
• Government is expected to raise 27billion rupees
  from this new tax system

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• Government says that new tax is included into
  the system to make the tax base more wider and
  raise more money
• Also to stop any tax leakage and to raise more
  money for future projects
• Predictions are that this new tax will make
  tourism in Malaysia less attractive than other
  Indo- China countries such as Indonesia,
  Philippines and Thailand.

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Conclusion

• Only next year will tell that what will be the
  impact of GST on public and tourists alike
• Get more information http//morganleejournal.word
  press.com/2014/09/25/will-gst-affect-tourism-in-ma
  laysia/
• Save money and get smart credit cards
  http//www.bestcreditcards.my