30 Dec '15, 8am

Malaysian prepaid users to get GST rebates starting 1 January 2016

If you’re a mobile prepaid customer and are a Malaysian national, you can breathe a little sigh of relief. Declared as part of the Government’s Budget 2016 announcement in October, our telcos will be delivering rebates to you individually, starting 1 January till 31 December 2016. The prepaid rebate was one of the (few) key highlights in the tech segment as part of the much-talked about Budget 2016. The rebate mechanism wasn’t revealed then, although it was clear that prepaid cards themselves would revert to the original price. This means that if you’re buying a MYR10 prepaid reload, it will cost you MYR10. No more, no less. There is no 6% surcharge. 6% more or less So here’s how it actually works now. When you top up MYR10, you will get MYR9.43, after a 6% GST deduction. However, you will receive a rebate of MYR0.57 within 24 hours. It is a little silly, I know. The GST t...

Full article: http://vernonchan.com/2015/12/malaysian-prepaid-users-to-...

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Hang on, mobile prepaid users. Rebates incoming...

vernonchan.com 30 Dec '15, 9am

If you’re a mobile prepaid customer and are a Malaysian national, you can breathe a little sigh of relief. Declared as par...

[Article] Prepaid GST rebates starting 2016, Pr...

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