SMEs welcome grace period - News Summed Up

SMEs welcome grace period


Samenta president Datuk William Ng said that although the transition period was extended, the cost of getting ready for the e-invoicing implementation remains high. “However, we still welcome the announcement by the Prime Minister, which is a major relief for the majority of SMEs,” he said when contacted yesterday. The extended transition period gives us time to educate the workforce,” he said. He added that what had been extended was the penalty-free transition period for the duration of one year. SME Association of Malaysia president Chin Chee Seong said that extending the transition period without penalties by another year provides a buffer, but offers little practical relief.


Source: The Star January 06, 2026 01:25 UTC



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