Malaysia Announces Updated E-Invoicing
Interim Relaxation Schedule
The Inland Revenue Board of Malaysia (LHDN) has released an updated guide featuring the “Interim Relaxation Period” for taxpayers transitioning to the e-invoicing system. The updated table outlines specific timelines designed to provide businesses with sufficient time to stabilize their operations and technical integrations.
Highlights:
- Phased Implementation: While large-scale taxpayers (over RM100 million) have already moved past their relaxation phase, smaller enterprises are granted a more extended transition window.
- Extended Period for SMEs: Taxpayers with an annual turnover of RM5 million or less have been granted an interim relaxation period lasting until December 31, 2026.
- Strategic Compliance: These periods are intended to allow businesses to rectify technical issues and ensure full data accuracy before strict enforcement begins.
|
No |
Targeted Taxpayers (Annual Turnover) |
Interim Relaxation Period |
|---|---|---|
|
1 |
More than RM100 million |
1 August 2024 to 31 January 2025 |
|
2 |
RM25 million to RM100 million |
1 January 2025 to 30 June 2025 |
|
3 |
RM5 million to RM25 million |
1 July 2025 to 31 December 2025 |
|
4 |
Up to RM5 million |
Until 31 December 2026 |
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