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Advances in Social Sciences Research Journal – Vol. 11, No. 9.2
Publication Date: September 25, 2024
DOI:10.14738/assrj.119.2.17400.
Kamarudin, S. N., Ahmad, N., & Loganathan, N. (2024). The Influence of Taxation on Consumer Burden in Malaysia: A Revisit on
GST. Advances in Social Sciences Research Journal, 11(9.2). 01-12.
Services for Science and Education – United Kingdom
The Influence of Taxation on Consumer Burden in Malaysia: A
Revisit on GST
Siti Nurhazwani Kamarudin
Faculty of Accountancy, Universiti Teknologi MARA Terengganu,
Dungun Campus, Malaysia
Norsiah Ahmad
Faculty of Business and Management, Universiti Sultan Zainal Abidin,
Terengganu, Malaysia
Nanthakumar Loganathan
Faculty of Management, Universiti Teknologi Malaysia,
Johor, Malaysia
ABSTRACT
The implementation of Goods and Services Tax (GST) in Malaysia for a short period
(2015 to 2018) remarked a significant tax reform in the country. However, despite
successful GST implementation in various countries, Malaysians were still skeptical
of the policy leading to its cancellation. Therefore, the inquiry of such a relationship
becomes crucial to affirm whether taxation has a significant impact on consumers'
burden in both the short and long term. The study uses quarterly secondary data
from 1996-2016 by analysing the Autoregressive Distributed Lag Error Correction
Model (ARDL-ECM) estimation and combined cointegration test to testify the
cointegration effects on the variables. The Toda and Yamamoto Granger causality
analysis is also employed to identify the direction of causality among the variables.
The result from this study provides evidence on the existence of a long run
relationship between taxation and consumer burden via direct taxation proxy.
Nevertheless, the study failed to establish a short run association between taxation
and consumers’ burden. The study revealed that indirect tax does not lead to
consumer burden, hence suggesting that GST might be an effective policy in
increasing government’s revenue without pressuring the public. However, direct
tax policy might need to be revisited as it leads to an increase in consumers' burden
in the long run. Notwithstanding, the government shall be more careful and
sensitive in formulating future tax reforms or introducing new policies to ensure
consumers will not be negatively affected.
Keywords: GST, Consumer burden, Taxation, Government policy.
INTRODUCTION
After several times of delaying implementation of GST, the Malaysian government introduced
GST effective on 1 April 2015. During this period, GST was seen as a crucial reform in the
country which experienced widening fiscal deficits and high debt burden. In order to minimize
fiscal deficits, the government needed to reduce public spending and try to boost public
revenue at the same time. However, this appears as a difficult task as the government has
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Advances in Social Sciences Research Journal (ASSRJ) Vol. 11, Issue 9.2, September-2024
Services for Science and Education – United Kingdom
substantial public expenditure engagement as severe trim on their spending may interrupt
ongoing major projects and hamper their development aspirations. Similarly, external
borrowing is not a good option as the government needs to commit their already limited
amount of resources for debt interest and do not wish to broaden their debt commitments. In
2023, Malaysia's debt reached as high as RM1.5 billion or 80 percent of its Gross Domestic
Product [1]. Following this, the call for GST in future years might recur as an alternative to inject
more funds for the government. When GST was abolished by the Pakatan Harapan (PH)
government, it was a political decision based on an election promise that was not based on
sound economic principles [2]. The PH manifesto stated that the main objective of the abolition
was to put more purchasing power in the hands of the Rakyat, particularly the lower to middle
income earners.
Nevertheless, in a tax reform, the interest of the governments is to ensure that their taxation
system can meet the public policy aspirations. It is crucial for the tax system to raise sufficient
revenue for the government, ensure the burden is spread equitably and avoid the misallocation
of resources. The tax system should balance out the pattern of production, trade, consumption,
saving and investment. Finally, a sound tax system should be efficient in monitoring compliance
and collection of money. It seems challenging to meet these objectives simultaneously, hence
tax reform is considered as a matter of trade-offs [3]. Various countries have successfully
implemented GST in several stages and revised the tax rates. As of 2020 there are 170 countries
in the world that have implemented this broad base tax [4]. The GST has replaced numerous
kinds of trade, sales and manufacturing taxes and become an important source of revenue for
many governments [5]. Furthermore, The European Union (EU) has made GST a requirement
for its membership while other international organizations are also moving towards that
direction with a standard set of rules set at international level such as the Gulf Cooperation
Countries (GCC) [6, 7].
Additionally, Table 1 illustrates some developing countries with their GDP per capita and
current rate of GST implementation. Some countries have implemented GST since the early
1970s such as Indonesia while the majority of the developing countries adopted GST in the
1990s.
Table 1: Selected developing countries and the current rate of GST in each country
No. Country GDP per capita Year of implementation Current rate (% of GST)
1 Thailand 5,480 1992 7.0
2 Indonesia 3,557 1974 10.0
3 Philippines 2,587 1998 12.0
4 Vietnam 1,755 1999 10.0
5 Ghana 1,605 1998 12.5
6 India 1,503 2005 12.5
7 Laos 1,417 2009 10.0
8 Pakistan 1,257 1990 16.0
9 Cambodia 944 1999 10.0
10 Bangladesh 752 1991 15.0
11 Malaysia 10,432 2015 6.0
Source: Royal Malaysian Custom’s website (www.gst.customs.gov.my)
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Kamarudin, S. N., Ahmad, N., & Loganathan, N. (2024). The Influence of Taxation on Consumer Burden in Malaysia: A Revisit on GST. Advances in
Social Sciences Research Journal, 11(9.2). 01-12.
URL: http://dx.doi.org/10.14738/assrj.119.2.17400
Since the introduction of GST, the issue of consumer burden has become the main topic of
discussion among citizens from all income groups. The price increase has widespread from
petrol and toll fares which then leads to escalation in public transport fares inclusive the school
bus fees, the properties, to electricity tariffs as well as other groceries and consumable items.
Many Malaysians have expressed their concern on the rising cost of living in the media (see [8,
9]). The current economic uncertainty makes the situation tougher and increases the pressure
on the end consumers. Although the impact of increasing cost of living is not significant to the
Malaysians high income group, the upsurge in consumer burden definitely is being felt by the
low-income group.
GST in Malaysia was unfavorable during the introduction stage and later was declared to be
zero rated by the newly elected government in June 2018. Apart from the political influence on
the decision, it is questionable whether the GST has caused an increase in consumer burden as
rumored by the public. The GST has soared public concern in which the majority of Malaysians
perceived that this new tax system would cause inflation in the country and hence put more
burden on their daily expenses [10, 11]. Such a scenario led to the motivation of the study which
is to examine the influence of taxation on consumer burden. The Malaysian economy has
experienced some adjustments with the continuous implementation of fiscal reforms by the
government. These reforms have a huge impact in supporting and maintaining sustainable
growth of the nation’s economy. The result of this study is important to shed light to the tax
authority in proposing future tax reforms and have a win-win situation; to generate revenues
yet minimizing the burden on consumers.
LITERATURE REVIEW
Tax reform is a systematic mechanism to create a fiscal balance and stable environment for the
economy to function well and attain economic growth [12]. This can be done by modifying the
tax policies which play a significant role in innovation, harmonizing and rationalizing trade
mechanisms as well as promoting investments, all which spark for higher revenues [13, 14, 15].
Nevertheless, tax policy also is one of the macroeconomic factors that may have some positive
or negative pressure on consumers’ burden. Vegh and Vuletin [16] stated that taxation policy
in developing countries is more volatile than in the developed nation as developing countries
alter their tax rates by larger amounts than developed countries. Specifically, the volatility of
tax policy ranges from 35 to 100 percent higher in developing countries than in the developed
countries [16]. This pattern is also consistent with real government spending, in which
developing countries scored 60 percent higher than the industrial economies.
One of the recognised doctrines in the economics world is that the burden of taxation of the
entire tax system, be it the federal, state, or local taxes is proportional to income [17]. Thus, any
tax changes undertaken, or new policy implemented will impact consumers differently
according to the income group. In practice, any changes in the tax policy will affect the
disposable income of consumers and thus the level of living standard they can acquire. For
example, a reduction in the personal income tax will boost disposable income of households
and ease their financial burden while the introduction of consumption-based taxes will put
extra burden on their plate depending on the consumption patterns. Therefore, a fundamental
way of reforming a tax system is that the government should consider methods of raising tax
revenue for the country without compromising the taxpayers’ burden and jeopardizing the
economy.