Example based on Illustration 19:
Sarah, a software engineer, has secured a car loan from MegaBank Berhad to finance the purchase of her new car.
The details of her loan are as follows:
– Car price: RM80,000
– Loan amount: RM72,000 (90% of car price)
– Loan tenure: 7 years
– Interest rate: 3.5% per annum
– Monthly installment: RM1,000 (approximately, including principal and interest)
In this scenario:
1. Sarah makes monthly installment payments of RM1,000 to MegaBank Berhad.
2. As Sarah is making interest payments to a bank (a financial institution that charges interest to the public at large), she is not required to issue a self-billed e-Invoice.
3. Instead, MegaBank Berhad will issue an e-Invoice to Sarah for her monthly installments.
Advice to taxpayers:
1. Understand the exceptions: Be aware that self-billed e-Invoices are not required for interest payments made to financial institutions that charge interest to the public at large.
2. Expect e-Invoices from banks: For loans, mortgages, and other interest-bearing products from banks, expect to receive e-Invoices from the financial institution rather than issuing self-billed e-Invoices.
3. Keep records: Although you’re not issuing self-billed e-Invoices, maintain proper records of all e-Invoices received from the bank for your loan payments.
4. Verify e-Invoice details: When you receive e-Invoices from the bank, verify that the details are correct, including the loan amount, interest rate, and payment breakdown.
5. Understand the e-Invoice: Familiarize yourself with the format and content of the e-Invoices issued by your bank. They should clearly show the split between principal and interest payments.
6. Tax implications: Be aware of any tax implications related to your loan payments, especially if the loan is for business purposes.
7. Personal vs. Business loans: Note that the treatment is the same whether it’s a personal loan (like Sarah’s car loan) or a business loan from a bank – in both cases, the bank issues the e-Invoice.
8. Other financial products: This same principle applies to other interest-bearing products from banks, such as mortgages, business loans, or credit cards.
9. Non-bank lenders: Be cautious with loans from non-bank lenders. If they don’t qualify as institutions that charge interest to the public at large, you may need to issue self-billed e-Invoices if you need to get the tax deduction.
10. System integration: If you’re a business receiving many e-Invoices from banks for various loans, consider how to efficiently integrate these into your accounting system.
11. Stay informed: Keep up to date with any changes in e-Invoice regulations that might affect how interest payments to financial institutions are handled.
12. Multiple loans: If you have multiple loans from different banks, ensure you’re correctly handling the e-Invoices for each one.
13. Audit preparation: Even though you’re not issuing the e-Invoices, keep them organized and accessible in case of a tax audit.
14. Seek professional advice: If you’re unsure about the e-Invoice treatment for any financial product or loan, consult with a tax professional or the LHDNM.
By following these guidelines, taxpayers can ensure they’re correctly handling e-Invoices related to interest payments made to financial institutions, understanding when they need to issue self-billed e-Invoices and when to expect e-Invoices from the financial institution.
基于例题19:
软件工程师 Sarah 从 Mega Bank Berhad 获得了一笔汽车贷款，用于购买新车。
她的贷款详情如下:
– 汽车价格：RM80,000
– 贷款金额：RM72,000 (汽车价格的90%)
– 贷款期限：7年
– 利率：每年3.5%
– 月供：RM1,000 (包括本金和利息，大约)
在这种情况下:
1. 莎拉每月向 Mega Bank Berhad 支付1000令吉的分期付款。
2. 由于莎拉向银行 (向公众收取利息的金融机构) 支付利息，因此无需开具自开电子发票。
3. 相反，Mega Bank Berhad 将向莎拉开具电子发票，用于支付每月分期付款。
给纳税人的建议:
1. 了解例外情况：请注意，向公众收取利息的金融机构无需开具自开电子发票。
2. 让银行给你开具电子发票：对于银行的贷款、抵押贷款和其他计息产品，应期待金融机构开具电子发票，而不是自开电子发票。
3. 保留记录：虽然您没有开具自开发票的电子发票，但您仍应妥善保存从银行收到的所有贷款支付电子发票的记录。
4. 验证电子发票的详细信息：当您收到银行的电子发票时，请确认详细信息是否正确，包括贷款金额、利率和付款明细。
5. 了解电子发票：熟悉银行开具的电子发票的格式和内容。它们应清楚地显示本金和利息的支付明细。
6. 税务影响：注意与贷款支付相关的任何税务影响，特别是用于商业用途的贷款。
7. 个人贷款与商业贷款：请注意，无论是个人贷款 (如 Sarah 的汽车贷款) 还是银行商业贷款，处理方式都是一样的 —— 在这两种情况下，银行都会开具电子发票。
8. 其他金融产品：同样的原则也适用于银行的其它计息产品，如抵押贷款、商业贷款或信用卡。
9. 非银行贷款机构：对于非银行贷款机构提供的贷款要谨慎。如果它们不符合向公众收取利息的机构条件，那么您可能需要开具自开电子发票才能获得税收减免。
10. 系统整合：如果您是一家企业，收到银行提供的各种贷款的电子发票，请考虑如何有效地将其整合到您的会计系统中。
11. 随时了解最新信息：随时了解电子发票法规的任何变化，这些变化可能会影响金融机构利息支付处理方式。
12. 多重贷款：如果您从不同银行获得了多重贷款，请确保正确处理每笔贷款的电子发票。
13. 审计准备：即使您不签发电子发票，也要确保发票井井有条，便于税务审计。
14. 寻求专业建议：如果您对任何金融产品或贷款的电子发票处理方式不确定，请咨询税务专家或LHDNM。
通过遵循这些指导原则，纳税人可以确保正确处理与向金融机构支付的利息相关的电子发票，了解何时需要开具自开票电子发票以及何时需要金融机构开具电子发票。
