- Mandatory e-invoicing implementation in Malaysia has been postponed by 2 months.
- The previous deadline of June 2024 has been moved to August 2024 for large taxpayers.
- Other taxpayers will have phased implementation dates in 2025-26.
- The revised timeline for mandatory e-invoicing implementation is as follows:
- 1 August 2024: Mandatory implementation for large taxpayers (annual turnover > RM 100 million)
- 1 January 2025: Mandatory implementation for taxpayers with an annual turnover or revenue between RM25m to RM100m
- 1 July 2025: Mandatory implementation for all other taxpayers
- The implementation timeline for B2C transactions is yet to be confirmed.
Source: kofax.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.
