2d ago
KUALA LUMPUR, Feb 11 (Bernama) -- Micro, small, and medium enterprises (MSMEs) will not face any penalties for any non-compliance with e-invoicing requirements during the transition period, provided that they adhere to the specified guidelines.
9d ago
KUALA LUMPUR, Feb 4 (Bernama) -- About 981 million e-invoices have been issued in total as of Feb 4, 2026, indicating the widespread use of the system by taxpayers nationwide.
18d ago
KUALA LUMPUR, Jan 26 (Bernama) -- The government has been urged to refine and revise the threshold for the implementation of e-invoice currently set at between RM1 million and RM5 million, to avoid imposing excessive burdens on micro and small traders.
23d ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government has succeeded in slowing the growth of debt service charges (DSC) in 2025 to 6.4 per cent, compared with 12.3 per cent in 2023 and nine per cent in 2024, as a result of the implementation of fiscal reform measures and prudent debt management.
23d ago
KUALA LUMPUR, Jan 21 (Bernama) — The Inland Revenue Board of Malaysia (IRB) is encouraging micro, small and medium enterprises (MSMEs) to voluntarily implement e-Invoicing due to its significant benefits for business operations and to prepare themselves for the digital economy.
1m ago
KUALA LUMPUR, Jan 5 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the exemptions of Sales and Service Tax (SST) on office rentals for new companies and small and medium enterprises (SMEs) with revenue below RM1.5 million as a demonstration of government support for SMEs.
1m ago
KUALA LUMPUR, Jan 5 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) views the deferment of e-invoicing as a pragmatic step that acknowledges the readiness gap among micro and small enterprises, particularly in terms of digital capability, systems integration, and compliance costs.
1m ago
KUALA LUMPUR, Jan 5 (Bernama) -- Mandatory e-invoicing for companies with annual sales of between RM1 million and RM5 million, originally scheduled to take effect from Jan 1, 2026, has been extended by a year without any penalty being imposed.
1m ago
KUALA LUMPUR, Jan 1 (Bernama) -- Malaysia entered the fourth phase of electronic invoicing (e-invoicing) rollout today, marking another part of the government’s effort to strengthen tax administration while easing the compliance burden on small and medium enterprises (SMEs).
1m ago
By Karina Imran
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia has emerged as a notable global performer in public trust in the tax system, underpinned by exceptionally strong confidence in the accounting profession and steady gains from digitalisation, according to findings by the Association of Chartered Certified Accountants (ACCA).
1m ago
KUALA LUMPUR, Dec 16 (Bernama) -- The government has taken several measures to address the shadow economy as part of its efforts to boost national revenue, including the implementation of the e-invoicing system, which started in 2024.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 15 (Bernama) -- Small and medium enterprises (SMEs), regarded as the backbone of the economy, progressed further this year, buttressed by a more stable economic environment and a gradual recovery in domestic demand, which boosted sales and business confidence across the sector.