AutoCount hails LHDN’s 6-month e-invoicing relaxation period extension to Phase 4 taxpayers

 

AUTOCOUNT Dotcom Bhd, a leading provider of financial management and e-invoicing solutions, has acknowledged the recent government announcement regarding the Phase 4 implementation of Malaysia’s mandatory e-invoicing framework.

The subsequent official clarification issued by Inland Revenue Board of Malaysia (LHDN) relates solely to extension of the relaxation period from six months to one year during which enforcement penalties will not be imposed and does not represent a deferral of the implementation start date.

Following LHDN’s clarification, Phase 4 taxpayers/businesses with annual revenue between RM1 mil and RM5 mil are required to commence e-invoicing from Jan 1, 2026 in line with the existing implementation roadmap.

“The extended relaxation period gives SMEs (small medium enterprises) additional flexibility to implement e-invoicing in a structured and sustainable manner,” commented AutoCount’s managing director Y.T. Choo.

Autocount Dotcom Bhd managing director Y.T. Choo

“Importantly, this does not alter the requirement to commence e-invoicing from Jan 1, 2026. Instead, it supports better preparedness, lower execution risk and smoother adoption.”

From an industry perspective, AutoCount believes the clarification will support more orderly onboarding, reduced last-minute implementation issues and stronger long-term compliance outcomes.

On this note, the group also expects adoption demand to be spread more evenly over time, thus supporting stable and predictable growth rather than short-term spikes.

During the relaxation period, AutoCount will continue to focus on education, readiness, and system resilience, including customer briefings, partner enablement and process optimisation to support SMEs across all stages of implementation.

“E-invoicing remains a structural change to Malaysia’s tax and business ecosystem. The roadmap is intact. The relaxation period simply ensures that businesses implement correctly, not hurriedly,” added Choo.

AutoCount also reiterated its commitment to working closely with SMEs, accounting professionals and industry partners to support Malaysia’s digitalisation agenda in a practical and responsible manner.

At the close of today’s (Jan 8) market trading, AutoCount was up 1 sen or 1.38% to 73.5 sen with 1.72 million shares traded, thus valuing the company at RM405 mil. –  Focus Malaysia