Are there any benefits or incentives that all taxpayers get for complying with e-Invoice?

Created by Channel Support, Modified on Wed, 31 Dec at 5:25 PM by Channel Support

The Malaysian government has introduced a specific incentive for Micro, Small, and Medium Enterprises (MSMEs) taxpayers. These businesses can claim a tax deduction of up to RM50,000 for each year of assessment for expenses related to Environmental, Social, and Governance (ESG) compliance, which explicitly includes consultation fees for e-Invoice implementation. This incentive is available from Year of Assessment 2024 to 2027

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