Is there any compliance gap in e-Invoicing implementation? For businesses with turnover between RM25m-RM100m, there is a final opportunity to submit consolidated e-Invoice by 7th February 2025 without penalty.
Likewise, for expenses/payments during the month of January which require Self-Billed e-Invoice (SBeI), a consolidated SBeI is allowed to be issued by either 7th February or 7th March – depending on the type of transaction.
As part of our tax awareness CSR initiative, Thenesh Kannaa explains the details at Astro’s AwaniNiaga interview session this morning.
Thenesh is an Executive Director of TRATAX & International Tax Leader for the APAC region of WTS Global.