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

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sansaboy
post Jun 7 2025, 02:43 PM

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Here we go again ,our famous u turn culture kick in

The whole point of e invoice is the enforcement target those company sme , revenue below 1 million or 500k

Those are the typical company who always under report their income and enjoy the subsidized to the max,few examples:

Aircon contractor, wire man, cctv installer, small renovation contractor, small tyre shop, workshop, small hand phone accessories shop.

And yes they are using cheap ron 95 to travel around doing business.

And under report their income every year

Most company with more than 1 million revenue, normally are sdn bhd setup ,with proper book audit yearly.
You enforce e invoice on them,
There is nothing to see inside their book,no differences

But when you enforce e invoice inside these contractor ?
Yes suddenly you see their business are so good alr compare to previously few years

At first I ready popcorn to see how this freelancer or contractor facing e invoice
But our lovely government delay the show again

How disappointed
Delay delay then elections come, sure delay again?

This post has been edited by sansaboy: Jun 7 2025, 02:47 PM
sansaboy
post Jun 7 2025, 02:46 PM

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QUOTE(Natsukashii @ Jun 7 2025, 02:03 PM)
I think it's like this, seller issue e-inv. In the e-inv, has your IC/TIN. Then when you do income tax, it automatically already has the data.
For those who don't provide e-invoice, aren't the seller/supplier need to provide the IC/TIN/BRN so that the buyer issues self billed e-invoice? Or it's not necessary?
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As per lhdn guidelines, self bill e invoice only for those foreigner seller, agent commission, not business owner sell you things(like end user trade in mobile phone to mobile phone shop), etc

If the seller itself is business owners, we can't self billed e invoice

I think the lhdn logic is, they are aiming all business owner issue e invoice at end of the implementation, now those 500k and below exempted is just temporary political compromise.

I guess.

 

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