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 Govt ready 2 review e-Invoicing to avoid burdening, Anwar

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TiramisuCoffee
post May 26 2025, 03:31 PM

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QUOTE(Autocountstick @ May 26 2025, 03:02 PM)
remove subsidy petrol, einvoice byk hal, GDP tipu
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Should encourage small biz to flourish in view of diminished employment opportunities in d kambing age of ai n robotics ... Should only tax GLCs, MNCs, n listed companies.. whistling.gif
BL98
post May 26 2025, 03:34 PM

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QUOTE(fongsk @ May 26 2025, 02:21 PM)
Well, if you intend to get tax payback or tax exemption from purchases, you still have to get the e-invoices as proof of purchases.
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no pay tax, why need tax payback or tax exemption?

that's the beauty of cash business.

summor can get government handout and benefits as categorized as B40
SUSNajibaik
post May 26 2025, 03:39 PM

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QUOTE(TiramisuCoffee @ May 26 2025, 03:26 PM)
They can do like this... Existing onces stay untouched, only new biz after implementation date kena... yawn.gif
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will still got new tongkat shows up demanding tongkat for new business open
first day in meleisia ka rolleyes.gif
craxors
post May 26 2025, 03:52 PM

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knn... dah susahkan org baru nak uturn...
yhtan
post May 26 2025, 04:08 PM

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QUOTE(Avangelice @ May 24 2025, 07:08 PM)
JOHOR BAHRU (May 24): Prime Minister Datuk Seri Anwar Ibrahim said the government is prepared to review the implementation of the e-Invoice system by the Inland Revenue Board (IRB) to ensure it does not place an undue burden on small companies.

“We will look into it because e-Invoicing is very important to prevent leakages and revenue loss.

“But for small companies, it can be quite burdensome. So, God willing, we will make improvements so that it does not become a burden,” he said when winding up his policy speech at PKR's national congress as the party president on Saturday.

Keke..... That's why I don't wanna start implementing e invoice. Kejap tukar tukar.
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I think it will not cancel, it is meant to cover up big loophole in current system and detect tax evader near real time.

QUOTE(Carlos_Santan @ May 24 2025, 09:46 PM)
really troublesome la this einvoice. imagine small cap ayam company earning peanuts also must do. should only enforce for sdn bhd companies. enterprise no need
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Even u ada enterprise, your target customer is sdn bhd/berhad, they mau e-invoice, end up u have to generate e-invoice for them also. Unless LHDN stated your revenue per year is below RM150k lah.

QUOTE(Emily Ratajkowski @ May 24 2025, 11:21 PM)
wow ron 95 remove. e invoice remove.

all this happen right after rafizi lost.

now i know why anwar want to remove rafizi. because everything he's doing musrt be the right thing. politicians cant stand other politicians doing the right thing.
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Rafizi punya department didn't handle LHDN, it is MOF controlling LHDN.
h@ksam
post May 26 2025, 08:09 PM

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QUOTE(malaozhai @ May 26 2025, 02:29 PM)
Already said this puak is not competant to rule the country
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the top 1% not affected as usal

while the 99% bottom feeders have to learn new implementation all the time

when saman that time which group pay the most?


h@ksam
post May 26 2025, 08:10 PM

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QUOTE(yhtan @ May 26 2025, 04:08 PM)
I think it will not cancel, it is meant to cover up big loophole in current system and detect tax evader near real time.
Even u ada enterprise, your target customer is sdn bhd/berhad, they mau e-invoice, end up u have to generate e-invoice for them also. Unless LHDN stated your revenue per year is below RM150k lah.
Rafizi punya department didn't handle LHDN, it is MOF controlling LHDN.
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the rumour was DAP punya idea behind this
yhtan
post May 26 2025, 09:29 PM

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QUOTE(h@ksam @ May 26 2025, 08:10 PM)
the rumour was DAP punya idea behind this
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DAP can control LHDN so powderful? laugh.gif

LHDN all the while memang want to implement this lah, regardless who become the government.
Iceman74
post Jun 5 2025, 08:35 PM

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The government has announced the rescheduling of its e-invoicing implementation for businesses with annual income below RM5 million, stating that it acknowledges the need for sufficient preparation time and other constraints faced by taxpayers, particularly Micro, Small, and Medium Enterprises (MSMEs).

The Ministry of Finance has decided that taxpayers with annual income or sales below RM500,000 are currently exempted from e-invoicing implementation.

The e-invoicing implementation by phase for taxpayers with annual income or sales exceeding RM1 million up to RM5 million is postponed to January 1, 2026.

The e-invoicing implementation phase for taxpayers with annual income or sales up to RM1 million is postponed to July 1, 2026


https://www.businesstoday.com.my/2025/06/05...-to-jan-1-2026/
nelson969
post Jun 5 2025, 08:38 PM

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QUOTE(Iceman74 @ Jun 5 2025, 08:35 PM)
The government has announced the rescheduling of its e-invoicing implementation for businesses with annual income below RM5 million, stating that it acknowledges the need for sufficient preparation time and other constraints faced by taxpayers, particularly Micro, Small, and Medium Enterprises (MSMEs).

The Ministry of Finance has decided that taxpayers with annual income or sales below RM500,000 are currently exempted from e-invoicing implementation.

The e-invoicing implementation by phase for taxpayers with annual income or sales exceeding RM1 million up to RM5 million is postponed to January 1, 2026.

The e-invoicing implementation phase for taxpayers with annual income or sales up to RM1 million is postponed to July 1, 2026
https://www.businesstoday.com.my/2025/06/05...-to-jan-1-2026/
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I think they mistaken 1 mil and 5 mil as 100k to 500k

Smh even they also copy and paste shit everywhere including fmt
teehk_tee
post Jun 5 2025, 08:52 PM

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is this confirmed? further timeline delays?
Iceman74
post Jun 5 2025, 08:59 PM

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QUOTE(nelson969 @ Jun 5 2025, 08:38 PM)
I think they mistaken 1 mil and 5 mil as 100k to 500k

Smh even they also copy and paste shit everywhere including fmt
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QUOTE(teehk_tee @ Jun 5 2025, 08:52 PM)
is this confirmed? further timeline delays?
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Summary

5mil to 25mil - no change, start 1st Jul 2025
1mil to 5mil - change to 1st Jan 2026
500k to 1mil - change to 1st Jul 2026(new phase)
500k and below - no E-Invoice
Iceman74
post Jun 5 2025, 09:11 PM

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TSAvangelice
post Jun 5 2025, 10:16 PM

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500k and below - no E-Invoice

Comfirm.??
TruboXL
post Jun 6 2025, 09:02 AM

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anwar always chickens out
TSAvangelice
post Jun 6 2025, 09:15 AM

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So those who kena say slightly above 500k. What's to stop you from closing your business, opening a new one and taking over the original and clear the previous accounts?
fongsk
post Jun 6 2025, 09:18 AM

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Whilst we talk about companies, how about individual claims for income tax? Do we need e-invoice to be able to considered for tax exemption, eg for purchases like health watches, EVs, E-motors etc…

Anyone has any ideas? Remember that even normal residents is supposedly to be under the e-invoice scheme by end Dec-25. With this scrapping for those under 500k income, how about normal citizens for income tax claims/tax deduction?
TSAvangelice
post Jun 6 2025, 09:31 AM

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QUOTE(fongsk @ Jun 6 2025, 09:18 AM)
Whilst we talk about companies, how about individual claims for income tax?  Do we need e-invoice to be able to considered for tax exemption, eg for purchases like health watches, EVs, E-motors etc…

Anyone has any ideas?  Remember that even normal residents is supposedly to be under the e-invoice scheme by end Dec-25.  With this scrapping for those under 500k income, how about normal citizens for income tax claims/tax deduction?
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I don't think need e invoice for personal income tax relief. If you see what sst plus e invoice is it's basically gst. A way to pass tax to the consumer.
SUSM4A1
post Jun 6 2025, 09:32 AM

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fongsk
post Jun 6 2025, 09:37 AM

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QUOTE(Avangelice @ Jun 6 2025, 09:31 AM)
I don't think need e invoice for personal income tax relief. If you see what sst plus e invoice is it's basically gst. A way to pass tax to the consumer.
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Thanks for clarifying. Cos the earlier directive was we must key in the e-invoice numbers in our tax declaration or smoothing like this and everyone has a digital ID which they can do so.

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