The Malaysian 2024 Budget, which is currently pending parliamentary approval, introduces changes to the implementation timeline of mandatory e-invoicing in the country. According to the new budget law, implementation will be delayed, and will follow the below schedule:
- For taxpayers with an annual turnover of revenue of more than RM100 million (appx. 20 million euros) implementation will start on August 1, 2024 (instead of June 2024);…
Source: SOVOS
Latest Posts in "Malaysia"
- Malaysia Expands Service Tax: New Exemptions and Compliance Rules Effective July 2025
- Summary of Malaysia’s New Sales Tax Exemptions and Policies Issued in October 2025
- Malaysia Expands Sales Tax Exemption Guide for Eligible Machinery and Equipment Effective July 2025
- Malaysia Revises Service Tax Rules, Adds New Exemptions Effective July 2025
- Malaysia Issues New Service Tax Policies for Healthcare and Construction Effective July 2025
