Businesses should verify their HS codes, recalculate landed costs, reassess SST treatment, update pricing models, revise supply contracts, and ensure import documentation aligns with the new classifications. Preparing early also reduces compliance [...]
Most likely yes. If your products face new duty rates, your landed costs will shift. SMEs should review supplier agreements, price lists, quotations, and long-term contracts to ensure margins remain protected and [...]
Yes. SST treatment is tied to accurate tariff code classification. If your HS code changes, the SST rate or exemption status may also change, affecting import costs, manufacturing costs, and downstream pricing. [...]
Duty rates may increase, decrease or shift entirely depending on changes in HS code classification. Even a small reclassification can alter landed costs, impact pricing strategy, and affect eligibility for preferential tariffs [...]
The Customs Duties Order 2025 introduces updated HS codes, revised import tariff rates, and new product classifications. These changes directly affect how businesses calculate import duty, SST, landed cost and pricing — [...]
Yes. Outsourcing gives SMEs access to specialists who can manage complex compliance changes, ensure accurate filings, and update systems in line with new regulations. It also reduces internal workload and prevents costly [...]
SMEs can reduce risk by reviewing past tax filings, improving documentation, digitising financial records, verifying SST classification, and conducting payroll audits. Outsourcing tax, payroll, and SST compliance to professionals ensures that reporting [...]
Payroll has become a major audit focus for IRB and statutory bodies due to frequent errors in PCB/MTD calculations, EPF/SOCSO reporting, overtime treatment, and benefit-in-kind declarations. With digital audits increasing, SMEs must [...]
SST scope is expected to widen, affecting more service categories, digital offerings, and mixed-service businesses. SMEs should review whether their activities will trigger SST registration, check if current classifications are still accurate, [...]
The most important first step is conducting a full tax, SST and payroll health check. This helps SMEs identify deductibility risks, SST misclassification issues, payroll inaccuracies, and documentation gaps long before the [...]
