A company that commenced operations in 2026 falls into one of three e-Invoice positions: from 01/07/2026 or its commencement date if it fails the group structure test, from 01/01/2028 under LHDN FAQ 14(b) if YA2026 turnover is RM3 million or more, or exempt if below....
HASiL's June 2026 enforcement data named three specific e-Invoice issuance patterns it is actively catching: inconsistent issuance across sales channels, format errors that survive MyInvois validation, and consolidated e-Invoices submitted after the 7-day window. Here's what each one looks like in a real SME's workflow...
LHDN's e-Invoice Special Voluntary Disclosure Programme (SVDP) opened 7 July 2026. Businesses with missed submissions, format errors, or late consolidated e-Invoices can correct those records without penalty until 31 December 2027 — but good faith conditions, exclusions, and an income tax gap risk all apply...
If your company's financial year ends 31 December, the statutory window to revise your YA 2026 CP204 tax estimate via Form CP204A closes on 30/06/2026. This deadline applies in Malaysia under Section 107C(7) of the Income Tax Act 1967, and it matters whether your actual...
The audit itself is rarely the bottleneck — it's when the records reach the auditor. One late delivery now risks three deadlines: SSM's MBRS-XBRL lodgement, LHDN's MITRS submission, and the extension-of-time process if you fall behind....
In February 2026, HASiL reported 38,906 taxpayers had voluntarily declared RM3.5 billion in previously unreported income following e-Invoice data-matching. By 20 June 2026, that number had climbed to 52,540 taxpayers declaring RM4.07 billion — with RM1.009 billion in tax recovered. In four months, voluntary disclosures...
Finance Act 2025 restructures CP204 instalments — 11 only for YA 2027, then 12 starting from Month 1 for YA 2028. Here is the cash flow and planning impact for Malaysian companies....
One missed filing carries criminal penalties under the ITA 1967. One common fee arrangement carries no tax deduction at all. Both are easy to overlook — and both are worth checking before LHDN raises the question....
LHDN can now build a means test case from individual transactions above RM10,000 recorded in MyInvois. Company directors with spending above declared income face a direct compliance risk. Here is what to review....
A May 2026 SCIT ruling upheld additional assessments and a 60% penalty totalling RM750,000 against a company director, raised using nothing more than a desk audit. Here is how the LHDN means test works — and why dividend income from your own company is not...