- The interim relaxation period for e-invoicing compliance for taxpayers with annual turnover/revenue of at least MYR 1 million and up to MYR 5 million is extended to 31 December 2026.
- Taxpayers with annual turnover/revenue below MYR 1 million are exempt from e-invoicing (previous threshold was MYR 500,000).
- The general e-invoicing implementation date for taxpayers with annual turnover/revenue of at least MYR 1 million and up to MYR 5 million is 1 January 2026; for new businesses (YA 2023-2025), it is 1 July 2026.
- During the interim relaxation period, consolidated e-invoices (including self-billed) are allowed, and no prosecution will occur for noncompliance if requirements are met.
Source: taxathand.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.
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