Taxman still keeping watch even with higher threshold for e-invoicing exemption

Ng Wei Wei, e-Invoicing Leader at KPMG in Malaysia, spotlighted the e-invoicing exemption for businesses with annual revenue below RM1 million as a smart move that eases compliance for micro, small and medium enterprises (MSMEs), while keeping tax authorities fully informed through audits, cross-verification, and data from larger businesses. She underlined that this approach helps smaller businesses adopt digital systems at a manageable pace while keeping the tax system fair, efficient, and future-ready.

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