The Inland Revenue Board said the e-invoicing for businesses with an annual revenue of between RM1 million and RM5 million will be postponed to Jan 1, 2026 and those with an annual revenue of between RM500,000 and RM1 million to July 1, 2026.
KUALA LUMPUR (June 5): The Inland Revenue Board (IRB) has delayed the deadline for businesses with less than RM5 million in annual revenue to implement electronic invoicing or e-invoicing by at least six months.
In a statement on Thursday (June 5), the IRB said e-invoicing implementation will be postponed to Jan 1, 2026 for businesses with an annual revenue of between RM1 million and RM5 million, and to July 1, 2026 for businesses with an annual revenue of between RM500,000 and RM1 million.
Meanwhile, businesses with an annual revenue of below RM500,000 will be exempted from e-invoicing for the time being.
Under the previous implementation schedule, businesses with an annual revenue of between RM500,000 and RM25 million were to adopt e-invoicing by July 1, 2025, and businesses with an annual revenue of below RM500,000 by Jan 1, 2026.
Taxpayers with annual revenue of between RM5 million and RM25 million are still scheduled to begin e-invoicing on July 1, 2025.
The federal tax body, under the purview of the Ministry of Finance, said the ministry made this decision in recognition of micro, small, and medium enterprises (MSMEs) requiring sufficient time and preparation to comply with mandatory implementation.
In addition to deferring the mandatory implementation deadline, the IRB has also granted a six-month grace period once mandatory implementation comes into effect for each respective phase.
Like the prior grace period provided, the IRB is allowing businesses to issue consolidated e-invoices; input any information in the “Description of Products or Services” field; and issue only a consolidated e-invoice even if a buyer requests separate invoices.
Additionally, under the grace period, businesses will not face enforcement actions under Section 120 of the Income Tax Act 1967 for non-compliance offences, provided they comply with the consolidated e-invoice requirements.
However, the IRB also said that beginning Jan 1, 2026, businesses involved in e-invoicing implementation must issue e-invoices for every sale of goods or services exceeding RM10,000, with consolidated e-invoicing no longer permitted.
By The Edge Malaysia
Source: The Edge Malaysiahttps://theedgemalaysia.com/node/758028. 8 June 2025.
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