Service Tax Exemption 2026: QNE Software Ready for 2% Rental and Leasing Update
- Published on
Effective 1 January 2026, Malaysia will implement a 2% Service Tax Exemption on selected rental and leasing services currently subject to the 8% Service Tax. With this exemption applied, the effective Service Tax payable will be 6%, subject to eligibility criteria.
As businesses prepare for this regulatory update, ensuring that accounting systems reflect the correct tax structure is essential for compliant invoicing and SST reporting.
QNE Software is pleased to officially announce that our systems are fully prepared to support this Service Tax update.
System Readiness for the 2% Service Tax Exemption
In line with the upcoming policy change, both QNE Optimum and QNE AI Cloud Accounting have been updated to support:
Accurate application of the 2% Service Tax
Proper configuration of tax codes
Correct reflection of the 6% effective Service Tax on invoices
Compliance-ready SST reporting
Following the 27 January 2026 announcement, the system updates were implemented to support accurate application of the revised Service Tax structure.
For complete implementation instructions, please refer to the official product-specific setup guides below.
For QNE Optimum Users
Detailed configuration steps for enabling the 2% Service Tax Exemption on rental and leasing services are available in our official support documentation:
Access the Full QNE Optimum 2% Service Tax Exemption Setup Guide Here
This guide walks you through the exact system configuration required to align your tax setup with the new regulatory framework.
For QNE AI Cloud Accounting Users
Users of QNE AI Cloud Accounting can follow the step-by-step instructions provided in our dedicated support article:
View the Complete QNE AI Cloud Accounting 2% Service Tax Exemption Configuration Guide
The article explains how to configure your system to accurately apply the 2% exemption and maintain compliant reporting.
Prepare Early for a Smooth Implementation
With the exemption taking effect on 1 January 2026, early system review and configuration are strongly encouraged.
QNE Software remains committed to supporting regulatory compliance by ensuring our solutions are aligned with the latest tax framework. Users are advised to review and apply the necessary configuration steps in advance to avoid operational disruption.
For full setup details, please refer to the official support guides linked above.
Frequently Asked Questions
What is the 2% Service Tax Exempt in Malaysia for 2026?
Effective 1 January 2026, Malaysia will implement a 2% Service Tax Exempt on selected rental and leasing services currently subject to the 8% Service Tax. This means the effective Service Tax payable will be 6%, provided the services meet the eligibility criteria.
How does QNE Software support the 2% Service Tax Exemption?
QNE AI Cloud Accounting users can implement the 2% Service Tax Exemption by using the existing tax codes SVTD-RL or SVT-RL in Tax Code Maintenance. QNE Software has updated both QNE Optimum and QNE AI Cloud Accounting to support the exemption, ensuring accurate tax application, correct reflection of the 6% effective Service Tax on invoices, and compliance-ready SST reporting.
For step-by-step guidance, users can refer to the following knowledge base articles:
How can QNE Optimum users apply the 2% Service Tax Exemption?
QNE Optimum users can apply the 2% Service Tax Exemptions by upgrading to Version 2026.1.1.0. Once upgraded, the system is ready to configure the exemption for rental and leasing services. If users need assistance with the upgrade, they can contact their service provider for support.
How can QNE AI Cloud Accounting users implement the 2% Service Tax Exemption?
QNE AI Cloud Accounting users can implement the 2% Service Tax Exemptions by using the existing tax codes SVTD-RL or SVT-RL in Tax Code Maintenance. For detailed step-by-step instructions, users can refer to the knowledge base article linked in the blog.
Why is early implementation of the Service Tax Exempt important?
The 2% Service Tax Exempt takes effect on 1 January 2026. Early review and configuration of QNE systems are recommended to ensure accurate tax application, prevent operational disruptions, and maintain compliance.
For step-by-step guidance, users can refer to the following knowledge base articles:
