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?

Majority euro tax rate 40-55% German one staff can ghost u and if u don't pay u wrong and need to pay fine.

scare later they introduce non halal tax u kawkaw

if service only


it in the news everywhere jor

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

This post has been edited by Iceman74: Feb 20 2025, 04:10 PM

dammit.. our company just above the threshold at 550k. need to register also.. huhu

Open another company and use that new company to invoice ~ RM100k

No wonder ppl there so laid back… tax tat high wat 4 bcum bos?

the terminology here is important

as stated turnover/revenue not sales

even in lhdn it says turnover/revenue

if not wrong

all b2b is individual submission

most if not all b2c

etc, pos transaction, is consolidated into one submission.

if ur revenue below 500k, gomen most likely tutup mata
delay until whos know when. if program still moving on
better join up some classes or get consultation learn to be compliant

to be compliant
need more resources

-IT skills
-manpower
-equipment
-$$$

it not wrong, failure to submit has monetary penalty
submitting false information has monetary penalty
and both side kena saman.

3-7 days grace period correct false documents/information

edit

ofc assuming u have a registered sdn bhd.

This post has been edited by Blinklime: Feb 20 2025, 04:19 PM

o0o

buy one gula they ask you show ic. boss ic mana

if one jujur and report then its fine lah, if not jujur and earn a lot profit, suddenly go buy car with cash/loan, conlanfirm kena check back.

and penalty is applicable for EACH einvoice

Below 500k annual turnover really potato if look at net profits, dont make them add more headcounts to do paperworks la. Postpone to never is better

who knew the most unjujur are the top 10% of companies in Malaysia

the bottom 90% have to sacrifice more work because these fuckers evade the most taxes

u think the top companies didn't get scrutinize by LHDN? Even TNB also has dispute with LHDN about the taxes.

Quite often it is those small fish under the radar undetected by the current system, once this e-invoice implement, it is a fishing net instead of fishing rod targeting.

Topkekw , now the gov know how much ppl out there struggling with technology

This post has been edited by nelson969: Feb 20 2025, 07:18 PM

This sei sohai madani think companies got a lot of time to do shit paperwork

This post has been edited by Sam Loo: Feb 20 2025, 07:22 PM

a lot malaysia family grow up with this culture tho…

U above 150k income per year ?

Kek
Like PH cancel GST
Bad move

rmbr b4 gst implemented many co tutup pintu 1st? They dun even provide free training, trial period 4 biz ppl… asyik threaten n use denda n more denda… implement b4 system is ready like sosco n pcb+ now… hahaha reali confidence boosting

Fulamak. My fren closed their pub. Lol

Try get nasi lemak aunty or air kelapa dude do e invoice la… I’m betting they earn more than registered micro biz…

I think gov should encourage ppl do biz rather than makan gaji, if they can’t create enuf employment… dun b overly zealous belting out that much online automation, n paperwork… make do biz a breeze… at least man on d street can cari sesuap breadcrumbs without hawked

Cos he thinks everyone is like him. Fly out on tour every other week to tokok sing song. KPI is go round the world 5x in 5 years!

Grabfood delivery if collect more than RM500k need to prepare e-invoice?

Didn't GST did the same thing?

Dammit. I still need to do

Instead of doing business, we have to do paperwork

LHDN already cover that loophole, u own several Sdn Bhd also count in total

e-invoice will be issued by Grab to customer, as for rider Grab will key in as self bill invoice

GST didn't cover as much as this e-invoice, some more GST is under Kastam, not LHDN

Cukur