2Last year in June, the government announced a decision to place sales tax (SST) exemption for cars &
early as 2021 to meet the global emissions regulations.The proposed CO2 targets (Infographic credit: EU
The current tariff on exporting Japanese cars to EU countries is 7.5%, but that will shoot up to 10%
The sales of EVs in South Korea have taken a plunge in 2021.
EVs are now among the most favourable in the world, so, understandably, there is a sudden burst of sales
Your car ownership experience isn’t complete without having at least one flat tyre incident.
We also can’t do road shows, it’s going to be hard to get any sales prospects,” said
battery with the connectors and the atmosphere.A battery with come corrosion on the terminals is not flat
Starting January 2020, the government will implement the Targeted Fuel Subsidy Scheme, which will see
percent.Despite these external factors, PCSB’s loan assets maintained a Compound Annual Growth Rate
In a document sighted by WapCar.my, the Ministry of Finance has just announced today that existing sales
Effective 15-June until 31-December 2020, the government will completely waive the 10 percent sales tax
"Furthermore, there is also an urgent need to improve transparency in the incentive scheme and protectionism
June, all locally-assembled (CKD) passenger cars will be granted full exemption from the 10 percent sales
New car sales are falling in 18 out of the top-25 largest car markets and analysts are not expecting
announcement by the Prime Minister that locally-assembled cars will be exempted from paying 10 percent sales
Proton is proud to announce that the brand has reached a new milestone in terms of sales breaking the
rendering of how it could look like.The all-new Japanese coupe is expected to be powered by a 2.4-litre flat-four
The Malaysian Automotive Association (MAA) has announced its tally for total new car sales, better known
Customers are entitled to a low-interest rate from 1.88 percent and a 1-year warranty during this promotional
A leaked memo from the EU-Malaysia Chamber of Commerce and Industry (Eurocham) to its members says that
The Myvi, Axia, and Bezza have taken numbers 1, 2, and 3 respectively.July 2020 saw its best sales month
Seeing that the second Movement Control Order (MCO 2.0) was enforced on 13-January 2021, sales of motor
the Hong Guang looks very much like a life-size toy car with its straight simple lines and a colour scheme
Proton recently announced its sales performance for Q1 2020 and despite Malaysia going into a nationwide
90 percent financing and follows the Shariah concept of Al-Ijarah Thumma Al-Bai’ (AITAB).This scheme
The company posted a doubled year-on-year revenue and unit sales record for Q1 2021 with a positive EBITDA
Halim Mu’adzam Shah Bridge (JSAHMS) Seremban-Port Dickson HighwayAlso read: Gov postpones toll rate
The upward trend for vehicle sales in Malaysia has continued into its second month, as data from the
April was a good month for UMW Toyota (UMWT) as they reported new vehicle sales of 9,280 units for Toyota
In our latest Brace for #Brexit article, Neil Warren considers the new procedures from 1 January 2021 for EU sales lists, Intrastat returns, the flat rate scheme and the retail export scheme. https://buff.ly/36uad1i
Tax news: Flat Rate Scheme and Exports: A client has £100,000 of domestic goods sales. They also have £30,000 of intra EU sales and ...
All the #Brexitdividends I've spotted so far:- massively increased shipping costs (few couriers are capable of getting packages into EU on any kind of schedule) (can pass this to customer = less competitive price) - sending via DDP? Any returns = massive losses of taxes paid
- UK importers from EU used to Flat Rate Scheme VAT now paying massively more VAT due to VAT on EU imports, which renders FRS useless (can attempt to pass to customer = less competitive) - already seen EU customers wary of import charges = less sales#VAT #flatratescheme
Problem being there'll be no consumers to buy anything as more UK businesses fold along with the jobs that provide the consumers. I wonder what extra UK will export to China to offset more imports from there & its lost customs free internal market sales from being inside the EU?
I run a small company w/ 50% of sales destined for EU (currently). Shipping costs have been quoted for me as going up by £6.50 per parcel (c. 35% increase). VAT changes (largely due to VAT on imports) mean that Flat Rate Scheme is redundant so (c. 5% increase) = good for UK?
Re Flat rate scheme, please confirm that all sales to EU countries and also world wide comprise T/O for calculation
Reason will be due to VAT levied now against the sender. These changes came on 1/1/21. They claim they aren't Brexit related, however I am dubious. EU make similar changes in July 2021. So they mirror. If normal sales / VAT/GST taxes were LESS than 20% previously, there is loss.
Aka there is a major change from being charged NATIVE VAT / GST on sales to now paying recipient country VAT. This may mean a big hike in tax for sellers.Another clusterfuck for UK Small bz is Brexit VAT on EU imports + these VAT changes means useful Flat Rate Scheme is killed.