The impact of GST on the spending pattern of students from the Faculty of Accountancy, UiTM Puncak Alam, Selangor / Nadiah Abdul Hamid ... [et al.]

Abd Hamid, Nadiah and Harun, Nurul Mardhiah and Ahmad, Bedah and Yahya, Mastora (2016) The impact of GST on the spending pattern of students from the Faculty of Accountancy, UiTM Puncak Alam, Selangor / Nadiah Abdul Hamid ... [et al.]. Advances in Business Research International Journal, 2 (1). pp. 1-18. ISSN 2462-1838

Abstract

The implementation of GST in Malaysia as of 1st April 2015, which replaced the current Sales and Service Tax (SST) is viewed as a more efficient tax to manage and to generate greater revenue collection for the government. This multi-tiered tax rate of 6 percent is finally borne by the end users who consumed the goods and services regardless of their income levels. As a result, even non-income earners such as
students are inevitably bearing the rising price of their consumed goods and services. This study aimed to
investigate the level of GST knowledge among the final year students in the Faculty of Accountancy, UiTM Puncak
Alam. The students’ knowledge and perception on issues related to GST implementation were found to have certain impacts on their spending pattern. Evidently, the findings revealed that students who have much information about GST implementation and in cases where they perceived that GST is an unfair and unequitable tax system, both situations are highly likely to have significant effects on their spending trend.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Abd Hamid, Nadiah
nadiah_hamid@yahoo.com
Harun, Nurul Mardhiah
UNSPECIFIED
Ahmad, Bedah
UNSPECIFIED
Yahya, Mastora
UNSPECIFIED
Subjects: H Social Sciences > HJ Public Finance > Income and expenditure. Budget
H Social Sciences > HJ Public Finance > Tax collection. Taxpayer compliance
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus
Journal or Publication Title: Advances in Business Research International Journal
UiTM Journal Collections: UiTM Journal > Advances in Business Research International Journal (ABRIJ)
ISSN: 2462-1838
Volume: 2
Number: 1
Page Range: pp. 1-18
Keywords: The effect of GST, students’ knowledge, spending pattern
Date: 31 June 2016
URI: https://ir.uitm.edu.my/id/eprint/29412
Edit Item
Edit Item

Download

[thumbnail of AJ_NADIAH ABD HAMID ABRIJ B 16.pdf] Text
AJ_NADIAH ABD HAMID ABRIJ B 16.pdf

Download (518kB)

ID Number

29412

Indexing

|

Statistic

Statistic details