Insights

Articles

Updates, e-invoice news, and insights from MySoft.

Government Announces Six-Month Grace Period for E-Invoice Implementation

LHDN has announced a six-month grace period for businesses to comply with new e-invoicing regulations from August 1. No penalties during the grace period; consolidated e-invoice submission; phased implementation by revenue threshold.

mysoft gstJul 29, 20242 min readRead more

Recent Updates on Malaysia's E-Invoice FAQ for Financial Services, Stockbroking, and Unit Trust

FAQs for financial services, stockbroking and unit trusts updated from July 1, 2024: customer consent, consolidated e-invoices, overseas branch income, loan repayment, treasury products, joint accounts, and more.

mysoft gstJul 3, 20242 min readRead more

Malaysia E-Invoice Latest Update (June 28th, 2024)

LHDN SDK updates: validations, document types v1.1, signature encoding. MyInvois Portal for taxpayers: profile and document management, sandbox and production access, user manuals.

mysoft gstJul 2, 20243 min readRead more

Recent Update on Malaysia's E-Invoice Implementation in the Healthcare Industry

Healthcare e-invoicing from August 2024: current invoicing arrangements, consolidated e-invoice for self-paying patients, billing for insurance claims, independent consultants, locum doctors and nurses, deposits, staff medical expenses.

mysoft gstJun 20, 20242 min readRead more

Recent Update on E-Invoicing FAQ for Tourism in Malaysia

Tourism sector guidelines: travel agents as principals or agents, buyer details for group purchases, refundable vs non-refundable deposits, tour guide services, consolidated e-invoices for packages with or without flight tickets.

mysoft gstJun 18, 20242 min readRead more

Recent Update on Industry FAQ: E-Invoicing for the Aviation Sector

Aviation e-invoicing from August 2024: flight tickets and charter services, buyer details, data protection concession, excess baggage, price adjustments, ancillary services.

mysoft gstJun 14, 20242 min readRead more

Recent Update on E-Invoice Industry FAQ: Takaful and Insurance

Insurance and takaful: consolidated e-invoices, premium breakdown, joint policies, self-billed e-invoices for claims, disposal of damaged assets, knock-for-knock, interest and late fees, bonus and surplus payments.

mysoft gstJun 11, 20242 min readRead more

Loading…