IRB stresses voluntary participation as government lifts e‑Invoice threshold, easing compliance for MSMEs
KUALA LUMPUR, Aug 31 — Micro, small and medium enterprises (MSMEs) with annual sales of less than RM3 million will not b...
The Inland Revenue Board (LHDN) of Malaysia has announced a significant shift in its e-Invoice implementation policy, lifting the threshold for MSMEs from RM1 million to RM3 million, effective from September 1, 2026. This move, announced by Prime Minister Anwar Ibrahim during the 2026 National Day Prime Minister's Address, aims to ease the compliance burden on small enterprises, allowing them to focus more on their core operations.
Over 1.1 million businesses are now exempt from the e-Invoice requirement, and LHDN has emphasized its commitment to supporting MSMEs through voluntary participation, education, and continuous engagement programs. Since the e-Invoice implementation began on August 1, 2024, more than 1.84 billion e-Invoices have been submitted by 265,379 taxpayers, indicating strong acceptance of this digital transformation initiative.
Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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