The government has announced that the implementation of e-Invoicing for small and medium enterprises (SMEs) with annual sales between RM150,000 and RM500,000 will be postponed to Jan 1, 2026, with a six-month transition period. Finance Minister II Senator Datuk Seri Amir Hamzah Azizan said this would benefit over 240,000 SMEs, allowing them more time to adapt to the system.

Meanwhile, businesses with annual sales below RM150,000—such as small food vendors—are exempted from e-Invoicing requirements, benefiting over 700,000 small traders. The government remains committed to supporting businesses in transitioning to e-Invoicing, providing free access to the MyInvois portal and mobile app for tax submission. Additionally, free nationwide training is being conducted by the Inland Revenue Board (LHDN).

Since e-Invoicing was introduced in August 2024 for companies with annual revenue above RM100 million, over 25,000 companies have adopted the system, generating 181.3 million e-Invoices.

On another matter, employers will be required to contribute 2% to the Employees Provident Fund for foreign workers, with a matching 2% contribution from employees. Prime Minister Datuk Seri Anwar Ibrahim announced that this policy will remain in place until further review.

The government justified the move as necessary to ensure equal employment conditions between local and foreign workers, as lower employment costs for foreign workers had previously put locals at a disadvantage. Employers will be eligible for tax deductions on these contributions under Section 34(4) of the Income Tax Act 1967, up to 19% of total employee wages.

To further assist SMEs, businesses can claim capital allowances for ICT equipment and software purchases, with the deduction period reduced from four years to three years from 2024 onwards. Additionally, SMEs can claim up to RM50,000 in tax deductions per year on consultancy fees related to e-Invoicing from 2024 to 2027

entrepreneurship drowned by paperwork.

reminds me of Australia where employees have more benefit than employers.

Yahoo masa untuk menari, no need think for another year.

cable me to Australia please

heh. next election batal program pulak.


that means those between 500k to 25m still this july

HahahahaHahahahaHahahahaHahahahaHahahahaHahahahaHahahahaHahahaha

Hopefully PAS/PN takes over the government next and then cancel all of these.

Malaysia Government Culture = belum belajar jalan, mau lari sdh.

Does this apply to sole propertiery?

looks like phase 1 & phase 2 still alot of problem eh?

and they foresee more problems with the final phase 3

so split the last phase into two and remove some...

who gonna belip gov anymore.... lol

KEKKKKKKKKKKKKKKKKKK

me cannot escape also

that annnual sales figure is my monthly minimum billing

cibai gov should put below 50mil drag to jan 2026

waste money and energy

Why not the whole e-invoice kasi postpone?

How they know food vendor annual sales below RM 150k? most food vendor I see also use their own personal account to receive payment, if not cash. Who is going to monitor? So the government going to close one eye to these so call small business?

Senangnya hidup jadi B40 di Malaysia. Kesayangan kerajaan.

Compare to German u lagi shock .

Plus Malaysians Culture = semua nak orang suap.

500k sales easy hit unless very small one la and hawker.

Tell us more!

sos?