I know there is a topic about e invoicing somewhere.. cant find it..

Anyhow just need to ask a simple questions...

Does sole propertiership business also need to do einvoicing?

Anyone can advise?

hi, this is ur official accounting service. How May unker help?

Implementation for those with income below 500k. Yes, sole proprietorship also kena. I am still grappling with how to deal with claims…waiting for LHDN to hold online training….

https://www.businesstoday.com.my/2025/02/20...ferred-to-2026/

If biz less than 10k only how? Still need?

got other thread just opened, news just came in today

https://forum.lowyat.net/topic/5510006

if business less than 10k annual sales should be exempt from e-Invoicing requirements

States that less than 150k/annum, no need. So make sure ur BZ income less than 150k.

can someone please clarify..

business income less than rm150k per year. is this total invoice value or gross profit?

eg second hand car dealers, sales value is high but income ( gross profit could be 20% of sales)..

tq

Wah so high huh… baru tau…

It's annual sales aka revenue. Not profit.

Below 150k fully exempted.

Not income, revenue.

Based on revenue, not income. High revenue low margin businesses sadly maybe kena.

every claim for you bussiness need e-invoice lo.
if you buy thing from non e-invoice user, than you need issue selfbill invoice yourself to claim.

Sure or not? Mana source?

For example
If this is my own biz i dont buy anything but render my services( no product) just services like consultancy services etc to the company but that company is not in msia.. so how? Still need einvoice?

Ha? Tak paham. How to self bill? Claim apa? Give example?

better declare lah. unless u sold in cash only.
duit sold kereta simpan bawah meja.

haha... it all in the news ler. Tell u, u no believe


ask your tax agent lar.
It got fews condition to fulfill.
example, the location of service provided.
some service provide onsite, some online.. all got different rules

What I meant was employee claims like entertainment, flights, hotels etc…do we issue e-invoice before we pay them? Cos employee claims is internal transactions.

All sales to foreign companies requires issuing self-billed e-invoice. As long as you are reporting business revenue to LHDN, you will need to issue e-invoice. The only exception is total annual revenue is below 150K. It does not matter whether your revenue come from local sources or foreign sources.

And you can see it is easy for LHDN to catch you if you are not doing e-invoice. Because all they need to do is to check your income tax return that you file with them.


This post has been edited by vhs: Feb 20 2025, 04:40 PM

from beginning until as at now, employee need to try get Invoice under company name if possible.
Same as E-Inv, try get bill under company name to remove the hassle of claiming it.
If cannot, then do submit as usual for now.
Later will change or not, nobody knows.
Self Bill E-Inv are for certain type of transactions only.

You better go read the guidelines issued by LHDN.

https://www.hasil.gov.my/en/e-invoice/guidelines/


Basically it means you have to pretend yourself as the seller (who is not issuing e-invoice) and issue e-invoice to yourself. That means if you sellers all not issuing e-invoice then you will have to do all their works.

apa susah

all deal by cash la

Yes, let say u got 3 business income, combine it all and sales exceed RM150k, u need to do e-invoice.

Based on sales/revenue, in your case second hand car dealers, i think 99.99% revenue more than RM150k, confirm need to do e-invoice. Some more car industry is fall under mandatory e-invoice issuance, cannot issue simplified invoice or normal invoice.

U issue invoice and the TIN number shall be using the foreign tin number as below:-

Thanks. That’s the issue. When you stay at hotels etc, you can claim mileage or points under your name. If you issue to company name, then you ‘lose’ that benefit. And if you issue under company, you must provide company TIN/e-invoice number as well to the issuer. Leceh la. But if it is the regulation, then have to comply la.

memang leceh lo. even simple thing also leceh like buying stationery for office has to request e-invoice also, pump oil for petrol expenses also need request.

Actually is it not the actual existing requirements to require receipts for audit? As a company, all expenses cannot be simply made up and require receipts to support, is that not true?

Petrol also kena issue e-invoice? Issue to you or com Any? This one easy to resolve gua… use fleet card.

under 150k/yr no need. but you can register at mytax and issue e-invoice from there if suddenly your customer asks for it

Yes, you get receipts. But if restaurants, no need give name etc.. just get receipts and claims. Now, kena get your name (if claim personal) and personal TIN, and if as someone just told me, if claimed under company(as best solution), kena give company TIN etc. anyway, have not registered yet into the system. Still waiting to see development.

I did buy a dell keyboard recently. Claim under company name… have to include provide my company TIN to get e-invoice. Otherwise, cannot get e-invoice.

If no declare to Lhdn leh?

If got tax agent then no need ask here la.. appt a tax agent expensive leh…

If already not filed in income tax return then why want to issue e-invoice to alert LHDN?

No submit no case, until get caught then all hell breaks lose

i mean FYA2025 start new business mah.. old business in 2024 settle liao and close... so new business no contribute to income tax yet mah... but starting to provide services and soon will receive money from customer mah... if no declare income tax can find out one leh...

go ask around your place for accounting firm lar, mostly will do personal tax or sole prop.
no one tell u go those famous and big firm.
if you tell the truth how small your biz and simple biz, not really that expensive ler
I think less than 1k can do liao if simple tax computation.

Here u ask also no use cos nobody see your accounts and base on assumption only.
If u go follow it or interpreted wrongly, the LHDN will fine you kawkaw later years during tax audit.

small items, no issue..
the issue comes when client wants receipt for warranty claims, tax exemption, for companies- asset write down etc..
nowadays, they need to transfer to company account as proof of payment, so better to issue and avoid all hustles later

the problem may arise when the overseas client wants to transfer $ to you..
if via account, their account department will have to solve..
if from overseas, bank will query what the money is for..

Hmm...