According to gov, even landlord (rent house), sell kuih muih, small time biz or youtuber will have to use MyInvois starting this year?

Else face legal action?

But how to use Myinvois? Said got portal but I can't find it?

Meaning old nenek selling kuih tepi Jalan also have to input every single jualan into MyInvois ka?

Why gov so authoritarian and greedy now?

Rich people get away with Tax haven, berbillion billion, but poor nenek have to pay every cent to gov?

It is weird, pretty much a lot of stuff is not ready.. people also don't have enough knowledge about it, then suddenly comes last minute deadline.. all kelam kabut, sistem also will be down.

Anywy, 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

This post has been edited by Natsukashii: Apr 19 2024, 08:34 PM

This is a nightmare..

Please dont

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

Road side nasi lemak…
Bang, cepat sikit, mahu kerja ni,,,,
Tunggu, kena ON printer Dan pc dulu….
Govt cakap kena isu invois….

Kasi explain to me y utuber kena pakai this tong sampah?

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

As long as not need to pay extra tax. This should be good.

Unlike GST who tax people more because other was evading tax.

Tax evader happy.

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.

First time hear

So we need to give invois to tenant?

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

Gazilion taxes introduced + MyInvoice basically way of madani try to imitate GST without reintro GST.

I rather they simply bring back GST but call it VAT instead and if people ask just goreng whatever they can by saying this version is better than najib's GST.

dont worry, ahmad maslan is available to be an ambassador again. let him do the dirty work.

LOL

every time they introduce one new tax or increase tax, price increase.

So we got multiple times price increase just because Madani don't dare to re-introduce GST.

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.

This post has been edited by LonelyHart16: Apr 19 2024, 10:28 PM

dah la create macam2 tax ... now ada invois apa bagai semua ... semoga dilaknat ke neraka jahanam bagi mereka yang menganiaya rakyat

Sikit² tax pun xbole lepas nowadays

But some ppl berbillion songlap can 50% discount...

Earlier today saw a tered where ppl just dun give a fuck for ambulance anymore. I suspect trends like these getting more common coz we dun see much humanity anymore. When the higher-ups dun see us as humans we also treat each other similarly. I mean if we curi a baby formula we go to lokap also right, and how much is that compared to 1mdb. Times are getting tough, if the gov doesn't set a good precedent, ppl will lose humanity and emotion.

Keep playing with tax rate argument. Always forgot to mention that GST tax more items. Always say that extra revenue come from tax evader, when everyone is actually paying more.

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.

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!

This post has been edited by Zaryl: Apr 19 2024, 10:47 PM

They have not even decided if your expense claims from mileage claims, entertainment claims etc need invoicing. This is what I understand from watching online explanations about the my invoices.

Probably the tax payers that don't have good accounting system.

But still those non tax payers who evade in multiple ways... speechless. I believe the tax payers are paying for those who don't pay.

when they make everything too hard and too dependent on some online portal that run by incompetents

then black market will grow

people will stick to cash, you can already see people starting to switch back to cash rather than QR

people will keep cash, even switch to foreign currency

LHDN should focus on big players , taukays, not try to push SME to e-invoice.

Inkambing single tax agency, that one is lhdn initiative

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

This si the time all those hawkers, SME try to evade tax kena trace.

Years of paying matherfucker tax...puiii

Too bad he was a crook who did all that so he could profit.

Sorry but no

GST is managed by Customs and is a value added tax passed on to consumers

E-invoicing is an LHDN initiative and seeks to stamp evasion by companies (among other things). LHDN manages corporate tax or specifically corporate profit tax

What you shared from your boss is highlighting the superiority of GST compared to SST as a value added tax system. Which i agree hence spare me the spamming

But odds are if he was in power for ease of doing business and to stamp more leakages this would have gone thru as well

tanya dap la...mana itu famous song? dia orang bodoh, semua ikut bodoh...

Yes if we can weaken the gov again until MPs jump ship.

e-invoice is to prevent ppl "ahem ahem" tax

besides increasing compliance and administration cost, it adds extra time for certain people to handle

at the end, gaji x naik, accountants or freelancer accountants cabut.

He didnt fail his maths la

You know the numbers better

SST collects less than GST because its not as broad based. 10% ST upon import and charged by manufacturers. In the middle of the supply chain. How to beat 6% at the end of the supply chain.

Which is why GST is superior, pass thru collect at the end. Businesses are also incentivized not to tamper or cheat as its the consumer paying not them.

SST evasion is harder now because it uses the same self monitoring system that GST uses

SST-03 form vs GST-03 to file.

The GAF audit file functionality is still there for customs audit

CJ-5 for exemption being phased out by the more simpler (and easier to detect for fraud) Schedules A and C forms.

Sos i work for a manufacturer la. Bring back GST anytime.

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

In China, yes. But in Malaysia, let’s see. BTW, LHDN has organised a series of seminars to educate people on this e invoices monthly across the country. These r for bz since BZ are most affected. I registered for the one in KL in Jul but has not got any confirmation. LHDN sent an email about this.
I think this is a good initiative to target those BZ that are not currently included in income tax. From what I know, the first phase of the e invoice will start this year for BZ above 100 MM and the mechanism is almost done except for some issues like expense claims etc. so, let’s see how is the implementation.

There is a local software company that provides free e invoicing to BZ. I cannot recall which but it is a basic software. If you want more complex systems, u have to pay. I got this info from Youtube. Try do a search 🔎 on e invoices. There is an hour long u tube where 2 representatives of 2 companies were discussing about e invoices. It was like an hour long!

MCMC need do more work and inform the masses since 2023

damn son. more hassle / work but less value to us.

will definitely out this bmx led . PN/PAS much better than this crap

Ironically, if next government brings back GST they will surely also brings back e-invoice because it is a supporting mechnism.

this is just pure bullshit.

Fact check time: which party first starting the journey for e-invoice? It was BN
https://forum.lowyat.net/topic/5316076


This post has been edited by vhs: Apr 20 2024, 07:06 AM

Bring back GST does not mean you do not have to implement e-invoice. If there is any political party dare to declare that they will never ever implement e-invoice then I will believe such a thing will actually happen. Otherwise, I think you have no choice but to deal with it, eventually.

Cukur gov now can make more money by selling software to the rakyat that must be bought.

This post has been edited by Roman Catholic: Apr 20 2024, 06:58 AM

For small volume, don't even need any software. All you need is a phone to record the details using a portal run by IRB. That's in theory anyway. The key issue is IRB has never shown that their system is ready. lol. Anwar should just publicly announce it to be cancelled or delayed.

This post has been edited by vhs: Apr 20 2024, 07:38 AM

Yes, LHDN also have a basic e invoice system FOC. But hat is for a simple or small BZ. You have to repeatedly data entry all the data like TIN, company name, add etc each time u want to issue an e invoice. Small operation is ok but if u generate hundreds of e invoice daily, then it is not going to make sense to use LHDN systems, I believe.
I did read that LHDN has been busy engaging the consultants and BZ owners for feedbacks, based on u tube articles. How good or bad is the final product? Well we will see soon once it is implemented this year by ah2, I think for the first phase.
PMX announced? Hahahhaa… Don hold your breath. When was the last time he made any worthy announcements as FM? The best one was ask governor BNM, I think.

This post has been edited by fongsk26: Apr 20 2024, 08:46 AM

It's not weaken because you need to wait 4 more years next election. Nothing gain not even weaken. PN always play propaganda that not work. MP cannot change now because DYMM already stated his stand no change of gomen until unity gomen term ended. Just dream on.

I am all for e-invoicing. It supplements GST for taxation ‘transparency’. With this, a lot of loopholes to evade tax is removed. One of the tax consultants in u tube did mentioned that with the e invoice, it is issued to your name or company name. So cannot double claim it something of that sort….🤭🤭🤭🤭🤭

I am not an expert on the constitution law but of the gov falls due to loss of majority in the parliament, the gov can change as Parliament is our law. What the DYMM said was he will not entertain any SD claims like ‘I have a strong # , and we will take a whole bus to the istana to seek to overthrow the current gov etc’.. if the change of gov is done the proper way via constitution, the new gov is legal.
But if just saying I have the strong, convincing numbers read from a piece of blackened photostated paper, then tak boleh pakai and the DYMM will not even entertain.
I can be wrong though! N

Those that against e-invoice are probably tax evaders la.

Though I do agree that the way they intro / plan to implement the system could have been done better. I know Banking side they already started planning since last year Q3. But not much progress since rely heavily on govt's next steps which are not really clear.

Bukku is good

Bukku is the software? Free?

Nope paid but it's the fastest growing cloud accounting.

The last I checked with them two months back. As user just create invoice as per usual it will create as e invoice. Waiting for the api spec from government. They hosted few session for discussion and there are so many questions unanswered about the whole e invoice.

I can already smell bad implementation coming soon.

The objective is to keep them busy changing gov so no gov will have time for anything.

KKB kasi kalah je la as a warning
more funny thing, more kalah

fed up with this. Ppl want easy life.
Madani goes and makes things difficult for ppl WTF

Thanked, yes. I read about the cloud abses e invoice software. And yes, the whole industries that is affected this H2 implementation (those above 100MM) including the consulting companies and software companies are in close contact with the gov agency. Anyway, for us, by time we use it, either as an individual or mini SME come next Jul-2025, it should have been stabilised. Fingers crossed!

gst and e-invoicing are both different thing

anyhow e-invoicing will come anyhow be it BN, Bersatu, PH in power

its to pay tax sufficiently which not good for biz owners like me

The prob is, who pay for the extra workload?

LoL. PN can try but until now they all missing in action. Did you see them make noise nowadays? You know the reason behind it.

Batch invoicing still need someone to record every single sales/purchase, else the total will not be accurate, only estimated.

Very hard for nenek kuih muih to do, especially with many low value cash sales.

Unless they use App with prefilled info, just scan QR for every sale.

Gov does not have E-invoice app so far, only a clumsy portal that's not even up last checked. haih.

According to gov, yes, need to key in all the details and monthly amount, but MyInvois portal not ready and no mobile app.

I read their guide, got lots of details, hopefully no need re-enter for every transaction, that would be ridiculous.

The user guide says need to "self issue invoice", haih.

Problem is, if people not honest, put bigger or smaller amount, how can they tell?

How many million gov auditors needed to check?

But gov says even cash need issue e-invoice, but if both buyer and seller berpakat, how to check? lol

Cash in cash out no invoice langsung, only can check if their bank accounts suddenly very fat.

But fat account can also transfer to Tax haven or diversify, very hard to audit.


Small time biz and nenek sell kuih maybe can prevent, but big time tax evader VERY hard to prevent, they long time transferred all profits to tax haven, no audit trail.

This will only make poor people's life harder, rich people keep pay little to no tax.

All I can say is they buy and munch pop corn from our resident MCA whilst watching PH shoots the selves in the foot. 😎😎😎😎😎 why even make any noise when ur opponent is actions favour you?

According to gov latest news, cannot escape, even selling old second hand gadgets to your friend need e-invoice.

Anything with financial value.

But depends on the seller and buyer, if both berpakat and only use cash with no invoice, then nobody can check.


Kelam kabut then rakyat protes, then gaduh at parlimen, then delayed, then modified, the usual gov mess.

Big time tax evaders not even afraid, they have ways to transfer profit to tax haven, cannot even audit.

This will only trouble small biz and poor people.

Become very unfair, like poor people feeding gov and subsidizing rich people.

Should have but never do, usual gov mess predicted. Nenek kuih muih will sakit jantung kena audit.

If big biz sure need pay fair share of tax, because many already play tax haven game, berbillion-billion gone.

But this e-invoice is targeting EVERYONE, including tiny biz or casual transaction between friends.

Its like demanding poor rakyat to subsidize the rich and feed the gov.

All of this digitalisation is simply following a digital komunis blueprint which is.....global. Using technology to control you.

That's why people need to change their mindset, but I don't think that is ever going to happen.

Life is never fair and will forever never be fair! We just have to suck it up. The faster we accept this, the easier our lives will be. Ok. I go makan Xinjiang food opposite marriot marquis Shanghai. Lapar! I love the spices in Xinjiang food and they serve this nice shanghai beer. Dunno what name

Roket replaced GST that is proven used by >90% countries in the world with SST that has tonnes of loop holes

Then waste more money and manpower just to create new systems to cover the loop holes

Later if the new systems have loop holes then need to create new systems to cover again....

Roket is useless incompetent and like to lie

Roket need to commit sudoku for such atrocities

#BebasNajib
#NajibForPM

where to download?

every transaction should be identify.

if it is an act of business which related to earning...why not?

uncle appreciate this government initiative to improve the overall transaction system in Malaysia.

And we should.

So warung tepi jalan have to setup system with printer to produce invoice?

kedai runcit ah pek retire early 'second wave' incoming?

No lah. They report the details to government website, government send out email to the customer with the invoice info.

Right

This gov susah org

No need to go inside the trap of those not governing because they cannot give you development.

Die die don't want to bring back GST, lol...

Instead come up with all these dumbfuck ideas.

Rich get richer

Myinvois system developer = isianpadu system sdn bhd

Haha.. almost 50m contract.. i go see their website also kepala shake..

That why gov forced the entire country to learn technology if sg jp korea china can do it. They feel shame if boomer cant learn

Simple... many people didn't report what they earn. Once they start to catch these tax evaders, they could recoup a lot of taxes and might not even need gst.

Kan ada self billing...dont know anything pls stfu la......

This post has been edited by adam71: Apr 21 2024, 09:04 AM

#LHDN.....pls check post above .......Only Tax Evade dont like MyInvoice......

https://www.hasil.gov.my/en/e-invoice/e-inv...ation-timeline/

july 2025

and also if u sell to end user, unless end user asks for einvoice, you only have to compile and key in once a month

Read the guidelines.

Exemptions from implementing e-Invoice

Individual who is not conducting business don't need to issue e-invoice.

This post has been edited by CoffeeDude: Apr 21 2024, 10:07 AM

Meaning still have to record down every single sales, some purchases need to record also.

Then end of month have to compile all and upload.

Troublesome if you own a tiny gerai tepi jalan or landlord of many rooms/houses.

Should just give them an easy mobile App, pre enter info ONE time, then every transaction can just scan QR or barcode for price.


Rental, gerai tepi jalan, even sell 2nd hand things to friend, big or small items, as long got money exchanged, have to e-invoice, according to the guide.

You collect rental as an individual is a business meh?

You setup real estate company?

Company farwash juga ke ni?

Government think All Gerai nasi Lemak tepi jalan are super rich and try to evade the tax.

What a stupid government.

einvoice is a system. not additional tax. replacing your current manual invoice system. k so many cant read also?

CAn see sweat coming down from people who always tipu invois already LOL

PAS will do better.

reintroduce GST... no tax account also still need pay tax when they buy other raw ingredients... and if they want tax rebate...better register ...

easy. kedai tepi jaan can collect cash but at the end day just do own transaction for e-invoice? cannot?

Betul

Some drive alphard bruh


Some jual pisang goreng can earn 1M according to abah

This is the loophole