Categories: Digital LifeNewsTech

PlayStation Store to charge 6% digital tax starting 1st Jan 2020 in Malaysia

In line with Malaysia’s Service Tax (Amendment) Act 2019, Sony’s PlayStation Store will apply a 6% SST to any purchasable items and subscription services on their platform. This will take effect from 1st January 2020 at 8.00am (Malaysian Time).

According to the announcement, the price update for items will be implemented between 4th to 6th January 2020 but you will see the final price with the 6% tax on the check out page starting next year.

Sony has also clarified that the 6% digital tax does not apply when you top up your wallet in the PlayStation Store. Apart from the tax, there are no further changes for the PlayStation Plus subscription. At the moment, 1-month subscription costs RM29/month while an annual subscription is going for RM159/year.

To recap, the 6% digital tax was first announced during the Budget 2019 budget announcement. It will cover all online services which include subscriptions for music, games, movie, software, enterprise solutions and even online advertising. When it was introduced, the tax for online services is aimed at levelling the playing field for local businesses and it is estimated that the Malaysian government will collect around RM2.4 billion each year.

[ SOURCE, VIA ]

Related reading

Recent Posts

Samsung unveils its Exynos 2600 flagship chipset, world’s first 2nm mobile SoC to debut in the Galaxy S26?

Samsung has just unveiled the Exynos 2600, its latest flagship mobile chipset. Essentially a competitor…

19 hours ago

Zeekr Malaysia delivers 2,000 EVs within a year since launch

Zeekr Malaysia has achieved a new milestone with the delivery of 2,000 EVs since its…

2 days ago

Gentari x SEB turns on 120kW DC Charger in Sibu Town Square Phase 2

Gentari x SEB have successfully deployed its fifth EV charging station in Sarawak which enhances…

2 days ago

Solar ATAP will only offset Energy Charge for domestic customers?

The new Solar Accelerated Transition Action Programme (ATAP) is on track for launch on 1…

2 days ago

JomCharge x DBKL turns on third EV charging location at Sri Hartamas

JomCharge x DBKL continue to turn on more street level EV chargers and the latest…

3 days ago

Perodua QV-E now available in more locations: Battery fee is RM275/month ALL-IN

Perodua QV-E can now be obtained in more Perodua showrooms throughout Peninsular Malaysia. When the…

3 days ago

This website uses cookies.