A GST capped at 5% could generate about RM76.1 billion in revenue in 2027 compared with the RM59.4 billion expected to be collected through the 6% SST in 2026, said Bersama. (Bernama pic)

PETALING JAYA: Bersama has unveiled its shadow federal budget, which includes the reintroduction of the goods and services tax (GST) capped at a 5% rate and the abolition of several cash aid schemes in favour of more targeted monthly assistance.

The party said capping the GST at 5% for the next 10 years would provide certainty for households and businesses, while containing the impact of the tax scheme on future inflation.

“Based on Bersama’s estimates, a 5% GST could generate approximately RM76.1 billion in revenue in 2027, or 3.3% of the GDP, compared with the RM59.4 billion expected to be collected through the (6%) sales and service tax in 2026.