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
