Press Release: 2026
29 January 2026 : Corporate News
Reduction of 2% Service Tax on Rental and Leasing Service Effective 1 January 2026
Date: 30 January 2026
Dear Valued Customer,
We would like to update you on the recent changes announced by the
Ministry of Finance (MOF) and the Royal Malaysian Customs Department (RMCD)
regarding the Service Tax on rental and leasing services.
Following MOF’s announcement on 5 January 2026 and RMCD’s revision
of Service Tax Policy 2/2025 issued on 23 January 2026, a 2% exemption has been
granted, effectively reducing the Service Tax rate from 8% to 6% with
retrospective effect from 1 January 2026. For further reference, please visit
RMCD website: https://mysst.customs.gov.my/
As your January billing was issued before this policy update and
reflected the 8% rate, we will be issuing a Credit Note to reverse that
invoice. A revised e‑invoice reflecting the correct 6% Service Tax rate will
then be issued to you.
All invoices beginning February 2026 will reflect the 6% Service Tax
rate.
If payment was previously made at the 8% rate, or if any advance
payment resulted in an excess due to the 2% Service Tax exemption, the excess
amount will be offset against your next billing.
Should you need any clarification or assistance, please feel free to
contact the KINTO support team at kinto.support@kinto-my.com
Thank you for your continued support and understanding.
Sincerely,
KINTO MALAYSIA
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