00:00E-Invoice was introduced by the government to strengthen the country's tax system
00:06in addition to increasing transparency and increasing the level of regulation
00:10among taxpayers at will.
00:13As a start, the process of sending invoices from sellers to buyers
00:17in the same electronic format
00:19must be carried out by companies to record annual sales of more than RM100 million
00:23starting next August.
00:25However, less than a month after the implementation, there was concern
00:29about the impact of the chain, especially to micro, small and medium-sized companies
00:34who are forced to measure the start of the date.
00:37The President of the Small and Medium-Sized Companies Association, William Ng, said
00:41that although the announcement of E-Invoice implementation for PMKS entrepreneurs
00:46only started next July, they are still at risk.
00:50According to him, the most affected is a small group of entrepreneurs
00:54under large companies such as E-Dagang, which may not yet be fully available
00:58due to ease of access and financial ability to provide the existing system.
01:03Meanwhile, a representative of the E-Dagang platform provider expressed his concern
01:08about the impact of the chain that may cause some who are forced to roll up their sleeves
01:13and stop the search.
01:16His opinion is also supported by the company's representatives
01:18who are worried about the impact of the chain causing its vendors
01:22to no longer be able to operate due to a shortage of opportunities
01:25to implement E-Invoice by early July next year.
01:29Finance Minister Amir Hamzah Azizan on July 2 announced
01:33the exception for businesses to record annual sales of less than RM150,000
01:38issuing E-Invoice.
01:40But what did the business say?
01:42A pet food retailer admitted that companies like them
01:47that record sales averages between RM200,000 to RM300,000 per month
01:52should also be exempted.
01:54Meanwhile, due to the shortage of costs in addition to a low profit margin.
02:00Shazona Amir, BritaFM.
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