SME News
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2023-04-03
Prepare early for electronic invoicing, KPMG advises Malaysian businesses
PETALING JAYA: The introduction of an electronic invoicing (e-invoicing) system is an indication of the Malaysian government and tax authorities’ digitisation advancements. Inland Revenue Board CEO Datuk Dr Mohd Nizom Sairi was recently...
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2023-04-03
Malaysia staying ahead of the competition
MALAYSIA must rise on the agenda of investors to attract quality foreign direct investment (FDI) in a highly competitive and uncertain global investment landscape, while placing equal emphasis on sustaining domestic direct investment (DDI). These ...
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2023-04-03
E-invoicing to improve tax compliance, make it tough to under-invoice: KPMG
KUALA LUMPUR: E-invoicing will improve tax compliance and is a definitive approach for the government to tackle the huge leakage in taxes arising out of the shadow economy, said Soh Lian Seng, KPMG head of tax in Malaysia. The introduction of the ...
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2023-04-03
Malaysia’s trade mission to Turkiye generates trade worth RM1.1b for SMEs
KUALA LUMPUR, April 3 — Malaysia’s trade mission to Turkiye involving 10 local small and medium enterprises (SMEs) has generated total trade worth RM1.1 billion, amid the post-pandemic and global challenges. The mission to Istanbul and...
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2023-04-03
Senator says Govt should reintroduce GST at reasonable rate
KUALA LUMPUR: The government should consider a sustainable and comprehensive method of expanding income by reintroducing the Goods and Services Tax (GST) at a reasonable rate, said Senator Tan Sri Low Kian Chuan. This effort is expected to strengt...