Thursday, December 3, 2009

GST in 2011

It is now confirmed that Malaysia will introduce GST in Fall 2011. The rate is merely 4%. During my forgotten days between 1991 to 1997 I always wonder what was GST. And the same with VAT. It was only after my auntie died in September 1998 that I began to remember that I used to pay tax in Canada whenever I buy something i.e.provincial tax. If I'm not mistaken the rate for Saskatchewan provincial tax was 7% then.

By this time everyone should be doing some Christmas shopping. I remember during the 1987 Christmas shopping season I bought a Taiwan made stereo at Sears Mid town plaza Saskatoon for CAD 400. I still remember I met a granny with typical British accent although she said she was a Canadian. I know she is still alive.I hope I could meet her again. I wonder if I paid any Saskatchewan tax at that time...

Back to GST. In 1993 when the Canadian PC Mulroney government was defeated by Liberals Jean Chr'etian, I remember how my Saskatchewan friends used to say Chr'etian as the short tongue politician. The reason being Chr'etian never really honor his words because instead of repealing GST ,he introduced Harmonized Sales Tax HST.

I am eager to know the details of Malaysian GST. What sectors will be affected? I know hotels and fast food outlets are already imposing sales tax.(I worked as a trainee at McDonalds in 1995).What about small traders in rural Felda areas? Big items such as cars... If Gst is imposed then will cars be much cheaper? I remember then I did not pay any tax for gas in Saskatchewan.(remembering that PetroCanada gas station where I used to get free car wash although I paid only CAD 10 for gas and that blond counter girl)


GM

Now that GM is searching for new CEO, I wonder if GM can really choose someone who loves cars instead of the big perks. From 1991 - 1997 Proton and Perodua appointed CEOs from outside who were merely interested in big bucks. So the cars which Proton and Perodua made were not world standards.

It is the same thing if the government appoints someone who hates traveling to become diplomats. (no matter how good his language ability other than English was)


Malaysia is having mega sale again until January 2010. Come to Malaysia for your Christmas shopping.

Welcome to Melaka because Visit Melaka is Visit Malaysia.

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