Tuesday, October 26, 2010

GST - Government Service Tax

GST also known as VAT in many countries.

Attended a workshop held by BDO Tax today. An invisted speaker from government department briefed us that the GST is something the government must implement soon. Perhaps due to political reason (general election coming....) it was postponed again recently.

What are the significant of GST?

  • No country that have implement GST or VAT scrap it after the implementation.
  • There are 148 countries have GST/VAT as at 2010.
  • It helps to widen the revenue base for the country
  • It fixes some of the drawback of current Service Tax and Sales Tax.
Looks like it will only be implemented after GE13 (likely to be held in middle 2011).

Monday, October 25, 2010

Lunch at Sunwy Giza - Cravings Kitchen & Bistro

Restaurant Name: Cravings Kitchen & Bistro
Location: Sunway Giza, opposite Fullhouse

Food: No Star [Lousy]
Service: 1 Star (The waitress is nice)
Serving size: Reasonable
Price: Fair for the location - Set lunch at RM15.95 with soup and drink.

Saturday, October 23, 2010

No mega tower - Budget 2011- Reject the RM5b Warisan Merdeka

1M Malaysians Reject 100-storey Mega Tower

Call for NATIONAL SERVICE! We will hold a 48-hour 200,000-strong Mega Demonstration on facebook from Sunday 12am to Tuesday 12am. Change your FB profile picture to one of anti-mega tower demonstration (if you dont have one, please find it at the album here). This is peaceful demonstration. So, please restrain from abusive behavior and report any agent provocateurs. Your country needs YOU!17 hours ago