(Tax Update) E-Invoice Postponed for Annual Sales $150k - $500k !
(Tax Update) E-Invoice Postponed for Annual Sales $150k - $500k !
"Boss, will e-Invoice be postponed?"
We hear this question daily. And deep down, we already know why—SMEs are not ready. No money, no manpower, no budget, no assistance from the government. Sounds familiar?
Well, congratulations! Our beloved government has heard you. The latest update: SMEs with annual sales between RM150k to RM500k now have until 1.1.2026 to comply with e-Invoice. That’s an extra year to get your house in order.
And if your annual sales are below RM150k? Good news, you’re exempted from e-Invoice altogether. No need to panic. The exemption benefits over 700,000 small traders, from food vendors to freelancers.
Meanwhile, for the SMEs in the RM150k–RM500k range, this delay impacts over 240,000 businesses. More time to adapt, but let’s be honest—will you really prepare early? Or will it be another last-minute Malaysian rush?
Same Story, Different Year
Be real—when was the last time you paid your JPJ or Police summons without waiting for a 50% discount? I paid mine on time, but others waited and got a bargain. Is that fair? Should I just follow the crowd?
Yet, we still hear the same excuses.
2025: Another Last-Minute Rush?
Let’s not kid ourselves. Come December 2025, there will be another panic. Suddenly, we’ll hear:
❌ “Boss, I didn’t know it was mandatory!”
❌ “We have no time to set up.”
❌ “Got any more extensions?”
By then, the excuses won’t work anymore. LHDN will not entertain latecomers. The penalties will start rolling in.
So why wait? Take this extra time seriously. Learn, plan, and implement before the deadline sneaks up again.
Or do we just wait for another last-minute miracle?
Because, well… it’s the Malaysian way. 🤭
PS : Authored by Mr Koh Teck Peng, our group principal in his personal LinkedIn post https://bit.ly/3QtlJA9.
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