E-invoice exemption threshold raised to RM1mil, says PM

The Star

The government will raise the e-invoice exemption threshold from RM500,000 to RM1 million beginning next year as part of its efforts to ease the burden on small and medium enterprises, according to Prime Minister Datuk Seri Anwar Ibrahim.  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00There are also other problems that are affected, especially from small businesses,

00:05including small businesses, in China,

00:10about e-invoicing, especially from small businesses.

00:17Small businesses in the year 2025,

00:23there are no small businesses to complain about e-invoicing.

00:29They have a job, they have a job,

00:33but an e-invoicing is professional.

00:36But small businesses, they think it's increased cost and cost.

00:41I heard that because I didn't have to do it in the campaign,

00:47because it was not related to the regulations,

00:50I only can say that we have directed to the Kementerian Kewangan to make a decision.

00:57So we had to be a short, we had to be a short and in the evening, we had to make a decision on the first one,

01:06which is the threshold of 500,000,000, which was reduced by 1,000,000,000.

01:16So, if a small company didn't need to do an invoicing.

01:23Now, how about the situation after $1,000,000?

01:27That's what the implications of cost.

01:32So, we can hear it.

01:35We can do it.

01:37What else can be done by the owners?

01:41The owners of Bungi Putera,

01:43the owners of China,

01:45especially the owners of small businesses.

01:48They say that the government,

01:51they are efficient.

01:53When they are efficient,

01:55they must pay.

01:57Segera.

01:59And I'm sorry,

02:01because in the country,

02:03the prices are much better.

02:06Customs are much better.

02:08So, the result is better.

02:10But, they say,

02:12when there is a decrease in the payback,

02:15to pay back is much less.

02:18This causes them.

02:20We are a Chinese business.

02:22We are a business.

02:23We are a business.

02:24We are a business.

02:25We are a business.

02:26We are a business.

02:28But,

02:29when the government is going to take away,

02:31we have to wait for a year.

02:33So, when I'm back to the Kementerian Keuangan,

02:36it's real.

02:37There are things that are waiting for a long time.

02:40Now, the government is going to pay back.

02:43To pay back.

02:44Cepat.

02:45I think for a second.

02:472 billion is not enough.

02:49We have to finish it for a small business.

02:51So for December this.

02:53December this.

02:54Imagine.

02:56After that,

02:57Kerajaan will continue to make a decision.

02:58Some of them, I have to come back to Jemaah Menteri.

03:02We have to pay back.

03:03Kerajaan-perniaga yang had to deal with the problem.

03:06That Kerajaan will pay back to them.

03:09I will add 2 billion to 4 billion.

03:13Selesai.

Category

Transcript

Be the first to comment

Recommended