PETALING JAYA: Tax experts have cautioned that the decision to raise the e-invoicing threshold to a turnover of RM1mil annually should not be seen as a reason to delay digital transformation. He said many SMEs, even the smaller ones, are already making concerted efforts to digitalise their accounting and reporting processes. He noted that affordable digital tools are increasingly accessible, even for smaller businesses, making early preparation both feasible and prudent. However, Veerinderjeet warned that this is likely to evolve as e-invoicing becomes embedded across corporate procurement and reporting systems. Meanwhile, tax consultant Datin Christine Koh said digital readiness is now both affordable and practical, even for micro businesses.

Source: The Star December 31, 2025 12:59 UTC