5h 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).
14d 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).
16d 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.
17d 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.
18d ago
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit — but the economy continued to advance, even as the overall outlook remained cautious.
20d ago
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
22d ago
By K. Naveen Prabu and Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Dec 9 (Bernama) -- Exempting companies with annual revenue of below RM1 million from implementing e-invoicing will ease administrative pressure on small and medium enterprises (SMEs) and allow them to focus on their core business activities, said an economist.
24d ago
KUALA LUMPUR, Dec 8 (Bernama) -- The e-invoicing exemption threshold, which has been raised from RM500,000 to RM1 million, will provide businesses greater clarity to plan while easing immediate compliance-related burdens, said the Federation of Malaysian Manufacturing (FMM, formerly known as Federation of Malaysian Manufacturers).
25d ago
KUALA LUMPUR, Dec 7 (Bernama) -- An additional 200,000 small and medium enterprises (SMEs) are expected to be exempted from e-invoicing following the government’s announcement to raise the exemption threshold to RM1 million, starting in 2026.
28d ago
KUALA LUMPUR, Dec 3 (Bernama) -- The government has been urged to exempt the five per cent sales tax on sawn timber and to review the expanded scope of the Sales and Services Tax (SST), which has resulted in double taxation for the timber and wood-based industries.
29d ago
KUALA LUMPUR, Dec 3 (Bernama) -- Croesus IT Holdings Bhd is bolstering its focus on plantation technology (tech) as a key growth segment for the company following its listing on the LEAP Market of Bursa Malaysia today.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- Consolidated e-Invoices will not be permitted to be issued for business transactions valued at over RM10,000 as well as by the electric power and telecommunications industries starting Jan 1, 2026.