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BERAK: einvoice grace period
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Jul 26 2024, 08:24 PM
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QUOTE(petpenyubobo @ Jul 26 2024, 08:15 PM) Many SMEs are going to go out of business after this. Expect things to get even more expensive soon with online shopping. The current platforms such as Shitpee, Lapsapda, TEMU and TikTok are already at saturation phase. Are you running a business on your own? How do you know a lot of SME is going out of business with e-invoicing implementation? Can clarify how you come to such confusion?
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Jul 27 2024, 03:29 AM
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QUOTE(petpenyubobo @ Jul 26 2024, 08:36 PM) Online shopping platforms are already at its peak on saturation phase in Malaysia. It is best time to buy things you can afford now before the commission draw increases next month.Everything is going to shoot up in price after this. This with the eInvoice and TIN requirements is going to slim down many SMEs profit margins if they don't push it towards the end consumers instead. Unless you own your own logistics companies like the big players like Lapsapda/Shitpee own in house stores, SMEs are going to have their profits further eaten after this coming round of commission draw raise. The same of what happened to cab hailing/food delivery GRAB. So you are implying that the companies are losing margin because they are paying MORE TAX is it?
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