Goodbye, our poor wallet.
If you're on the lookout for a brand new smartphone, let us give you a friendly warning: you have approximately one week to get one.That's because the Customs Department wants smartphones to be taxed under the Sales and Service Tax (SST).
According to a report by The Star Online, the Department uploaded an updated 121-page guide of items they are proposing for exemption and the imposition of a sales tax.
Smartphones, previously in the tax-exempt list, are among several tech items and gadgets the Customs Department wants taxed in the updated list.
Along with smartphones, pendrives and hard disks are looking at a five per cent tax rate.
Also, digital cameras and DSLRs, headphones, earphones, watches, and MP3 players have already been placed in the Department's "to be taxed" list.
Oh, you thought the nightmare is over? Not by a fair chance, you poor soul.
Gadgets are not the only items previously on the tax-exempt list that the Customs want taxed, as a whole lot of other household items have been placed in the list as well.
Furniture such as cabinets, dining tables and mattresses are expected to be taxed at a full 10 per cent, while personal hygiene items such as toothbrush, toothpaste and deodorant are looking at a five per cent tax rate.
Other household items that were once in the tax-exempt list, such as brooms and mops, have been proposed for 10 per cent tax.
For a complete list of items, you can head on over to their website, but we suggest you don't because you don't need the heartache.
Sigh, new Malaysia but same old no money :(