Annual Revenue | Implementation Date |
---|---|
Over RM 100 million | 1 August 2024 |
RM 25 million – RM 100 million | 1 January 2025 |
RM 5 million – RM 25 million | 1 July 2025 |
RM 1 million – RM 5 million | 1 January 2026 |
Up to RM 1 million | 1 July 2026 |
Businesses should identify which phase applies to them, upgrade their accounting systems (Zoho, AutoCount, etc.), and train staff on compliance. Early preparation will avoid last-minute issues and penalties.
Source: LHDN Official Website