Yes, but have to use their MyInvois portal, key in LOTS of details and get QR codes, so Gov can track your rent, sales, earnings.

Tenant and customers also need to keep a copy, for tax record.

VERY troublesome and worst of all, their MyInvois portal not working yet, but they want to fully implement end of year. lol

Paper invoice will be banned, accordingly.

e-invois applies only to tax payers.

Warung owner all no need to do.

Kinda defeats the purpose, one of it is to avoid tax evaders. But gomen making taxpayers life susah only, those that lari cukai gomen couldn't do anything because there's no record of them.

Best solution probably CBDC but we all mostly won't like it, no privacy and lousy mobile network 

govt want to do e-invois to collect more taxes.

If implement GST then don't need to implement e-invois.

Jibby explained this a long time ago in 2018 after GE14.

---
In a lengthy Facebook post today, former prime minister Najib Abdul Razak warned of more tax evasion and other illicit economic activity once the sales and services tax (SST) is reintroduced.

Najib said he introduced GST during his administration not just to increase federal revenue, but also because of the comparative advantages of the tax.

Otherwise, he added, all he would have had to do was raise SST, corporate tax, income tax, or appropriate funds from Petronas to raise money.

The former premier maintained that GST was introduced to make Malaysia's economic structure more stable and competitive.

Although GST does raise more revenue that the SST it replaced, he explained, it is not simply because the tax is imposed on more items – since it has nearly as many exemptions as the SST about to be reintroduced.

Instead, he said the increased revenue under GST is due to a reduction in tax evasion and avoidance. This is because it allows for taxation on the black economy, illicit capital outflows, migrant worker remittances and the tourism industry.

“It is here where a large portion of the tax revenue came from. Under the sales tax system, manufacturers or importers could set up a distribution company that acts as their proxy, and then sell products cheaply to the distribution company," his Facebook post read.

“The sales tax is only applied on manufacturers and importers, and this allows them to declare a lower sales tax.

“Or, a shop that is supposed to collect service tax could keep the collections, and not return a large portion of it to the government. Unlike GST where they could claim input tax credits, there is no incentive under SST for them to declare the true amount.

“Under GST and a self-monitoring system, the sales price from the distributor to the end-user is monitored, so tax evasion could be reduced."

“We would also lose our economic capability to withstand a recession or a sharp fall in prices of the commodities we export, without falling into an economic crisis because we no longer have GST to act as a buffer."

Although no longer in a position to stop the government from abolishing GST, Najib said, he still wants the government to know the consequences that the rakyat and the country will face in coming years.
https://www.malaysiakini.com/news/437885

govt want to do e-invois to collect more taxes.

If implement GST then don't need to implement e-invois.

Jibby explained this a long time ago in 2018 after GE14.

---
In a lengthy Facebook post today, former prime minister Najib Abdul Razak warned of more tax evasion and other illicit economic activity once the sales and services tax (SST) is reintroduced.

Najib said he introduced GST during his administration not just to increase federal revenue, but also because of the comparative advantages of the tax.

Otherwise, he added, all he would have had to do was raise SST, corporate tax, income tax, or appropriate funds from Petronas to raise money.

The former premier maintained that GST was introduced to make Malaysia's economic structure more stable and competitive.

Although GST does raise more revenue that the SST it replaced, he explained, it is not simply because the tax is imposed on more items – since it has nearly as many exemptions as the SST about to be reintroduced.

Instead, he said the increased revenue under GST is due to a reduction in tax evasion and avoidance. This is because it allows for taxation on the black economy, illicit capital outflows, migrant worker remittances and the tourism industry.

“It is here where a large portion of the tax revenue came from. Under the sales tax system, manufacturers or importers could set up a distribution company that acts as their proxy, and then sell products cheaply to the distribution company," his Facebook post read.

“The sales tax is only applied on manufacturers and importers, and this allows them to declare a lower sales tax.

“Or, a shop that is supposed to collect service tax could keep the collections, and not return a large portion of it to the government. Unlike GST where they could claim input tax credits, there is no incentive under SST for them to declare the true amount.

“Under GST and a self-monitoring system, the sales price from the distributor to the end-user is monitored, so tax evasion could be reduced."

“We would also lose our economic capability to withstand a recession or a sharp fall in prices of the commodities we export, without falling into an economic crisis because we no longer have GST to act as a buffer."

Although no longer in a position to stop the government from abolishing GST, Najib said, he still wants the government to know the consequences that the rakyat and the country will face in coming years.
https://www.malaysiakini.com/news/437885

govt want to do e-invois to collect more taxes.

If implement GST then don't need to implement e-invois.

Jibby explained this a long time ago in 2018 after GE14.

---
In a lengthy Facebook post today, former prime minister Najib Abdul Razak warned of more tax evasion and other illicit economic activity once the sales and services tax (SST) is reintroduced.

Najib said he introduced GST during his administration not just to increase federal revenue, but also because of the comparative advantages of the tax.

Otherwise, he added, all he would have had to do was raise SST, corporate tax, income tax, or appropriate funds from Petronas to raise money.

The former premier maintained that GST was introduced to make Malaysia's economic structure more stable and competitive.

Although GST does raise more revenue that the SST it replaced, he explained, it is not simply because the tax is imposed on more items – since it has nearly as many exemptions as the SST about to be reintroduced.

Instead, he said the increased revenue under GST is due to a reduction in tax evasion and avoidance. This is because it allows for taxation on the black economy, illicit capital outflows, migrant worker remittances and the tourism industry.

“It is here where a large portion of the tax revenue came from. Under the sales tax system, manufacturers or importers could set up a distribution company that acts as their proxy, and then sell products cheaply to the distribution company," his Facebook post read.

“The sales tax is only applied on manufacturers and importers, and this allows them to declare a lower sales tax.

“Or, a shop that is supposed to collect service tax could keep the collections, and not return a large portion of it to the government. Unlike GST where they could claim input tax credits, there is no incentive under SST for them to declare the true amount.

“Under GST and a self-monitoring system, the sales price from the distributor to the end-user is monitored, so tax evasion could be reduced."

“We would also lose our economic capability to withstand a recession or a sharp fall in prices of the commodities we export, without falling into an economic crisis because we no longer have GST to act as a buffer."

Although no longer in a position to stop the government from abolishing GST, Najib said, he still wants the government to know the consequences that the rakyat and the country will face in coming years.
https://www.malaysiakini.com/news/437885

You voted out only 1 seat in Selangor. Worth? LoL

It Will further increase compliance costs for actual taxpayers. It doesn't affect ppl who have not paid tax at all nor broaden the tax base

Eh..... you got the entire thing upside down lah.

SST is Sales Tax 10% and Service tax 8%.

Unless you failed in maths, I am sure you know 10% and 8% is higher than GST 6%.

GST has a self-monitoring feature that dramatically cuts down on tax evasion.

Whereas it is very easy for people to evade tax using SST. That's why the total collection on SST is lower than GST even though the tax rates are higher.

SST also has a tax-on-tax compounding effect where the final tax rate we pay is higher - that's why implementing SST again is a reason why prices increased much faster after GE14.

I read somewhere that they can do batch invoicing at the end of the day.  So they do not have to give real time invoice. 
I am in China now and their system is simple.  Even hawkers can issue invoice for tax purposes.  Maybe the gov is adopting the same systems.

Yes, but have to use their MyInvois portal, key in LOTS of details and get QR codes, so Gov can track your rent, sales, earnings.

Tenant and customers also need to keep a copy, for tax record.

VERY troublesome and worst of all, their MyInvois portal not working yet, but they want to fully implement end of year. lol

Paper invoice will be banned, accordingly.

hahaha....
impossible those road side stall gonna do the invoicing....

A lot Malaysian accounting company still waiting for myinvois api to validate the invoice when they create.

And the implementation is very soon. Still most software not ready.

Just saying

i do rent my 2nd house for 2 years now. but got rental agreement & LHDN stamp duty lah. I do declare my rental income in eFiling every year without fail.

still need to provide monthly myInvois ka? i do keep excel ledger though to keep track on rental income, house maintenance and whatnot

jilake madanon!   

1st step is to vote them out in KKB by election.