Get Ahead: Why Early Registration for the MyInvois Portal is Key to Success
回答： 1. MyInvois Portal 的启用情况： 📍 MyInvois Portal 现在确实已经准备就绪，并可以运行。 2. 注册： 📍 我们鼓励所有纳税人，包括实施日期为2025年7月1日的纳税人，现在就创建自己的 MyInvois Portal 个人资料。 📍 您无需等到强制实施日，才注册并开始使用 MyInvois Portal 。 3. 访问电子发票： 📍 注册后，您可以通过 MyInvois Portal 查看发给您或您收到的电子发票。 📍 这样，您就可以在强制实施日期之前熟悉系统。 4. 拒绝电子发票： 📍 即使强制实施日期是 2025 年 7 月 1 日，如有必要，您也可以使用 MyInvois Portal 拒收电子发票。 5. 提前创建自己的 MyInvois Portal 的好处： 提前注册让你： 📍 更好地了解系统 📍 准备内部流程 📍 管理已实施该系统的供应商提供的电子发票 […]
Digital Transformation Begins: CCS Seminar Empowers Malaysian Chinese Independent High Schools
CCS – Chartered Accountants was honoured to organise this seminar on e-invoicing for Dong Zong and the educators of Chinese Independent High Schools of Malaysia. With a total of 250 participants online and offline, the seminar was a great opportunity to discuss the operation of e-invoicing and share valuable experiences in practice. Through this seminar, […]
Building a Caring Society: CCS Advocates for a More Inclusive Society
CCS was honoured to be one of the guests at the “How SMEs can easily master e-invoicing” sharing session co-organized by Digital Penang and AutoCount in Penang and witnessed a successful event. Thanks to the support of 250 enthusiastic participants and the professional sharing of the organisers and speakers, we are helping businesses move towards […]
Key Differences between Credit Notes and Refund Notes
In the Malaysian e-invoicing system: 📍 Both credit notes and refund notes need to be issued as e-invoices. 📍 They should reference the original e-invoice number when applicable. Understanding these differences is crucial for proper accounting, tax reporting, and maintaining accurate financial records in the e-invoicing era. 在马来西亚电子发票系统中： 📍 贷方凭证和退款凭证都有可能需要开出。 📍 在适用情况下，它们应参考原始电子发票编号。 在电子发票时代，了解这些差异对于正确进行会计核算、税务报告和维护准确的财务记录至关重要。
When Documentation Fails: Lessons from EWSB’s Loss in the Bilateral Tax Credit Dispute
This case concerns EWSB v. Director General of Inland Revenue, which involves issues related to bilateral tax credits under Section 132 of the Income Tax Act 1967 (ITA 1967). The key points are: 1. The case relates to Years of Assessment 2013-2018, where EWSB claimed bilateral tax credits under Section 132 ITA 1967 for income […]
Proof is King: How Missing Receipts Cost These Insurance Agents Big on Taxes
This case involves two taxpayers, CJS and WPH, who are insurance agents, and their appeals against additional tax assessments issued by the Director General of Inland Revenue (DGIR) for the Years of Assessment 2014, 2015, and 2016. The key points of the case are: 1. Expense claims: Both taxpayers claimed deductions under Section 33(1) of […]
Understanding Contra-Payments in the Era of e-Invoicing
Many of you have asked, “Is contra-payment still allowed with the new e-invoice system?“ The short answer is yes. Let’s break this down with a simple example to understand how it works with e-invoicing. What is a Contra Payment?A contra-payment is when two parties who owe each other money settle their debts by offsetting the […]
Digital Certificates in e-Invoicing: Ensuring Authenticity, Integrity, and Non-Repudiation
Digital certificates play a crucial role in the e-invoicing process, ensuring electronic invoices’ authenticity, integrity, and non-repudiation. Here’s an overview of digital certificates and their functions in the context of e-invoicing: 1. What is a digital certificate? A digital certificate is an electronic document that binds an entity’s (individual or organization) identity to a public […]
Income Tax (Exemption) (No. 6) Order 2021 (Amendment) Order 2024
The Income Tax (Exemption) (No. 6) Order 2021 [P.U. (A) 282/2021] was amended by the Income Tax (Exemption) (No. 6) Order 2021 (Amendment) Order 2024 [P.U. (A) 107/2024]. The amendment order was made on 8 March 2024 and has effect from the year of assessment 2024. The key changes introduced by the amendment order are: […]
Income Tax (Exemption) (No. 5) Order 2021 (Amendment) Order 2024
The Income Tax (Exemption) (No. 5) Order 2021 [P.U. (A) 209/2021] was amended by the Income Tax (Exemption) (No. 5) Order 2021 (Amendment) Order 2024 [P.U. (A) 106/2024]. The amendment order was made on 2 April 2024. The key change introduced by the amendment order is the extension of the exemption period for qualifying companies […]
