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6% Headache


Which is strange because prior to abolishing the Sales & Service Tax and replacing it with this Goods & Services Tax, we have already been taping up to 16% more. 

So, logically speaking, shouldn't we be paying a lot less tax since GST is "only" 6%? 

Unfortunately, it is not because the 6% is on top of every level of process or production of an item which means that by the time it reaches the hands of the consumer, the poor consumer has already had to pay for the multi-fold of 6% tax! 

Yes, no doubt some other countries are paying a higher GST rate but are we earning as much as the people in those countries?

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6% Headache

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