2h ago
KUALA LUMPUR, Oct 7 (Bernama) -- Approximately 160,000 taxpayers who have registered for e-Invoicing but are now exempted can choose whether to continue using the system or not.
4h ago
KUALA LUMPUR, Oct 7 (Bernama) -- Malaysia’s fiscal deficit is expected to narrow to RM76 billion, or 3.3 per cent of gross domestic product (GDP), in 2027 from an estimated 3.5 per cent in 2026, keeping the government on track towards its medium-term target of 3.0 per cent by 2028
1d ago
By Yeoh Cheng Guan
Partner, Indirect Tax, Ernst & Young Tax Consultants Sdn Bhd
KUALA LUMPUR, Oct 6 (Bernama) -- As Budget 2027 approaches, discussions on Malaysia’s indirect tax landscape are once again taking centre stage.
6d ago
PUTRAJAYA, Oct 1 (Bernama) -- More than 268,000 taxpayers have submitted 1.99 billion e-invoices as at Oct 1, the Inland Revenue Board (LHDN) said.
1m ago
KUALA LUMPUR, Sept 1 (Bernama) -- Malaysia’s micro, small and medium enterprise (MSME) policy should move beyond expanding the quantum of assistance towards building a more coordinated, accessible and outcome-oriented ecosystem, according to the Malaysian Institute of Economic Research (MIER).
1m ago
KUALA LUMPUR, Aug 30 (Bernama) -- Micro, small and medium enterprises (MSMEs) with annual sales of less than RM3 million will not be required to implement e-Invoicing following the increase in the e-Invoice implementation threshold from RM1 million to RM3 million.
1m ago
KUALA LUMPUR, Aug 30 (Bernama) -- Micro, small and medium enterprises (MSMEs) with annual sales of less than RM3 million will not be required to implement e-Invoicing following the increase in the e-Invoice implementation threshold from RM1 million to RM3 million.
1m ago
PUTRAJAYA, Aug 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced six immediate measures for the people covering fuel subsidies, school maintenance, artificial intelligence (AI), healthcare digitalisation, e-Invoicing and microfinancing, which will take effect on Sept 1.
1m ago
KUALA LUMPUR, Aug 19 (Bernama) -- Incorporating selected Goods and Services Tax (GST) features into the existing Sales and Service Tax (SST) framework can help address tax cascading and cost pressures, the Federation of Malaysian Manufacturing (FMM) said.
2m ago
KUALA LUMPUR, Aug 4 (Bernama) -- The Inland Revenue Board (IRB) has raised RM4.4 billion in additional tax assessments as of June 30, said its chief executive officer Datuk Dr Abu Tariq Jamaluddin.
2m ago
KUALA LUMPUR, July 20 (Bernama) -- Savings generated from the targeted RON95 petrol subsidy mechanism are not being retained solely as a fiscal surplus, the Ministry of Finance (MOF) said.
3m ago
KUALA LUMPUR, July 7 (Bernama) -- The government is introducing the e-Invoice Voluntary Declaration Programme until Dec 31, 2027, as an additional measure to reduce business compliance costs, especially for micro, small and medium enterprises (MSMEs), said Prime Minister Datuk Seri Anwar Ibrahim.