Big Tax Hike on Stationery Items: 18% GST Coming in 2026!
Hey gamers! It looks like we’ve got some news that might affect your budgeting plans, especially if you’re students or working professionals. The federal government has decided to hike the general sales tax (GST) on basic school and office stationery items.
In a recent announcement regarding the Finance Bill 2026, officials confirmed that the GST rate will jump from the current 10% to a hefty 18%. This change isn’t just talk – it will officially kick in on July 1, 2026. So, if you’ve been planning to stock up on supplies, you might want to do it before the tax increase takes effect!
This move is part of the government’s efforts to balance the budget, but it could hit your wallets harder than you’d like. With the rising costs of living, it’s another reminder to keep an eye on how much we spend on everyday items.
What do you think about this tax hike? Are you ready to face the consequences when shopping for your next set of notebooks or pens? Share your thoughts in the comments below!