VATupdate

Share this post on

Malaysia Raises E-Invoicing Exemption Threshold to RM1 Million, Cancels Final Implementation Phase

  • Malaysia has raised the mandatory e-invoicing exemption threshold from RM500,000 to RM1 million annual turnover/revenue.
  • Taxpayers with annual turnover up to RM1 million are now exempt from mandatory e-invoicing.
  • The final implementation phase for taxpayers with turnover up to RM1 million, previously set for 1 July 2026, is cancelled.
  • No changes for businesses with turnover above RM1 million; they must comply according to the existing phased timeline.
  • Each phase includes a six-month grace period with relaxed enforcement if consolidated e-invoices are issued.

Source: sovos.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

Pincvision

Advertisements:

  • Pincvision