- Mandatory e-invoicing for Malaysian businesses with annual turnover between RM1 million and RM5 million is deferred to 1 January 2027, with a longer, penalty-free transition period.
- The mandatory e-invoicing threshold was raised from RM500,000 to RM1 million, excluding smaller businesses from current requirements.
- Rollout phases for businesses above RM5 million remain unchanged and in force.
- Eligibility for consolidated e-invoicing has been expanded to more transaction categories, with specific conditions and exclusions.
- Businesses must continue preparing for compliance, as obligations become fully enforceable once in scope.
Source: globalvatcompliance.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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