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Malaysia Raises E-Invoice Exemption Threshold to RM1 Million Starting 2026

Malaysia's move toward a nationwide e-invoicing ecosystem just took an important turn—one that brings relief to thousands of small and medium enterprises (SMEs). Beginning 2026, businesses with an annual turnover below RM1 million will be exempted from mandatory e-invoice implementation, doubling the previous threshold of RM500,000.

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No SST for Everyday Banking: Transfers, E-Wallets, and ATM Fees Remain Exempt

If you've been worried about getting taxed for withdrawing cash or using your e-wallet, rest easy—basic banking services will not be affected by the expanded Sales and Service Tax (SST). That's the official word from Malaysia's key banking associations, who issued a joint clarification on 26 June 2025 to clear up confusion surrounding the SST expansion.

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RON95 Fuel Subsidy Reform to Roll Out in Second Half of 2025

Big changes are coming to how Malaysians pay for fuel—specifically RON95. According to Finance Minister II Datuk Seri Amir Hamzah Azizan, the government is preparing to implement the long-anticipated fuel subsidy rationalisation by the second half of 2025.

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