"I am shutting
down because of the GST (goods and services tax). I don't think I can do
business with the tax implemented," he said.
Moey, 68, said he made
the decision to close his shop, which has been in operation for 48 years,
before Chinese New Year last month.
He
said one of his three daughters had asked him if he was able to deal with the
GST, and the question made him realise that he could not.
"I don't know
(how to operate) a computer. I don't understand the system... how it works. Even
after reading it and getting others explain to me, I am still unsure of how to
do my business with it.
"I am just
running a small, simple business. It is all giving me a headache, so I
surrender," he said.
Asked why he would not
hire professional help to assist him with the GST, Moey said the cost would
likely be too much for his business to bear, so he rather clear out.
"It would take a
chunk from my earnings and savings. So I rather not go through with it.
"Some companies
have agreed to take back their items that I have not sold. The rest I am
selling off cheap. The neighbourhood here knows I am having a cheap sale and
closing down," he said.
Moey said his family
will discuss later what to do to the shop, and he was looking forward to a
retiree's life.
"There is nothing
to do but retire. My wife and I can now visit Penang Hill. We haven't been up
there for ages," he told reporters.
Chief Minister Lim
Guan Eng visited Moey and his wife Wong Ngan Hai, 68, earlier this afternoon
and listened to their troubles with the GST.
He gave the couple two
free season tickets to go up Penang Hill, which are valid for a month, as a
token of appreciation for the couple's many years of service to the local
community.
He said it was a shame
that old businesses like Moey's were forced to close down because of the GST,
adding that several sundry shops in Balik Pulau had also closed down recently.
"Moey told me he
learned from the Customs Department that over 10 small businesses like hardware
shops, traditional medicine shops and sundry shops had closed down.
"The Barisan
Nasional (BN) government really does not understand the people. I hope
non-governmental organisations (NGOs) will also take up this issue and speak up
for the interest of the people," he said.
Lim said the state
government would look into countermeasures such as increasing the revenue of
the people to help cushion the effects of the GST.
"We will make the
announcement on these measures later," he said, adding that the state
would also collect data to see how many businesses were being negatively
affected by the GST once it was implemented beginning April 1.
The Penang government
had been criticising Putrajaya's move to implement the GST and had been calling
for it to be postponed, if not cancelled.
Yesterday in
Parliament, veteran BN lawmaker Tan Sri Tengku Razaleigh Hamzah also called for
the new consumption tax to be deferred, arguing that now was not the right time
to implement it in view of the critical state of the country's economy and
financial situation. - March 18, 2015.