Attention fellow business owners in Malaysia! Starting on 1st August 2024, the Inland Revenue Board (LHDNM) will launch a brand-new electronic invoice
Attention fellow business owners in Malaysia! Starting on 1st August 2024, the Inland Revenue Board will launch a brand-new electronic invoice system. This initiative will require all businesses registered in Malaysia to generate e-invoices for all transactions.
Not sure how it works? Don’t worry! This article will guide you through everything you need to know to get started.The introduction of e-Invoice has been carefully planned by LHDNM, taking into account the turnover and revenue thresholds, so that taxpayers have ample time to prepare and adjust to the new system.
An API is a set of programming codes that transfers data directly between your system and the MyInvois system. While it requires an initial investment in technology and adjustments to your existing setup, it’s perfect for larger businesses with high transaction volumes.It’s perfectly normal for businesses to feel overwhelmed by the unfamiliarity of the new e-invoicing system.
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Samenta: SMEs facing pressure from big businesses over e-invoicingKUALA LUMPUR: Large businesses are pressuring SMEs to adopt e-invoicing, threatening exclusion from supply chains if they do not comply, said Small an...
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Groups welcome offer of leniency for e-invoicing hiccupsGOTHENBURG, Sweden (Reuters) - European champions England withstood a second-half barrage to grab a 0-0 draw with Sweden in Group A3 and qualify for Euro 2025, with the Swedes heading for the playoffs after finishing third in the pool.
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Groups welcome offer of leniency for e-invoicing hiccupsGOTHENBURG, Sweden (Reuters) - European champions England withstood a second-half barrage to grab a 0-0 draw with Sweden in Group A3 and qualify for Euro 2025, with the Swedes heading for the playoffs after finishing third in the pool.
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SMEs face hurdles ahead of mandatory e-invoicing ruleGOTHENBURG, Sweden (Reuters) - European champions England withstood a second-half barrage to grab a 0-0 draw with Sweden in Group A3 and qualify for Euro 2025, with the Swedes heading for the playoffs after finishing third in the pool.
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SMEs face hurdles ahead of mandatory e-invoicing ruleGOTHENBURG, Sweden (Reuters) - European champions England withstood a second-half barrage to grab a 0-0 draw with Sweden in Group A3 and qualify for Euro 2025, with the Swedes heading for the playoffs after finishing third in the pool.
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Implementation of e-invoicing not expected to impact auto industry or car salesKUALA LUMPUR: The implementation of e-invoicing from Aug 1 is not expected to impact the automotive industry or car sales, according to Investment, Tr...
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