- The Inland Revenue Board of Malaysia has postponed the CTC mandate for certain small taxpayers.
- Taxpayers with annual revenue between RM500,000 and RM25 million must comply by July 1, 2025, with a six-month relaxation period until December 31, 2025.
- Taxpayers with annual revenue up to RM500,000 must comply by January 2026, with a six-month relaxation period until June 30, 2026.
- During the relaxation period, taxpayers can report e-invoices monthly using consolidated invoices.
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.
