VATupdate
VAT

Share this post on

The launch of the e-invoicing mandate implementation is delayed to August 1, 2024

  • The Malaysian Government has announced a change to the country-wide e-invoice mandate roll-out.
  • The implementation of the e-invoice mandate has been delayed and will now start from 1 August 2024 for taxpayers with an annual income or sales exceeding RM 100 million.
  • The next steps in the roll-out plan have not been announced yet, but it is expected that taxpayers under other income categories will be mandated to issue electronic invoices starting from 1 July 2025.
  • The usage of Tax Identification Number (TIN) in Malaysia will also be extended to support the implementation of e-invoicing.

Source Pagero


Click on the logo to visit the website

pagero


Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE

Sponsors:

VAT news
VAT news

Advertisements: