Latest News In August 2024

By LnCoadminSocial

A 6-month grace period will be given for each stage of e-Invoice! Besides this news, what else is worth paying attention to this month? Letโ€™s take a look together!

๐€ ๐Ÿ”-๐ฆ๐จ๐ง๐ญ๐ก ๐†๐ซ๐š๐œ๐ž ๐๐ž๐ซ๐ข๐จ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐›๐ž ๐ ๐ข๐ฏ๐ž๐ง ๐Ÿ๐จ๐ซ ๐„๐š๐œ๐ก ๐’๐ญ๐š๐ ๐ž ๐จ๐Ÿ ๐ž-๐ˆ๐ง๐ฏ๐จ๐ข๐œ๐ž!
  • The first phase of the implementation of e-Invoice will start on August 1. The Chief Executive Officer of The Inland Revenue Board (LHDN) said that government will give taxpayers a six-month grace period to adapt to the e-Invoice.
  • During the six-month grace period, taxpayers just need to submit consolidated e-Invoice and self-billed e-Invoice for all transactions.
๐ƒ๐จ๐ฆ๐ž๐ฌ๐ญ๐ข๐œ ๐๐š๐ง๐ค๐ฌ ๐ฐ๐ข๐ฅ๐ฅ ๐ˆ๐ฆ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ ๐Ÿ๐Ÿ ๐‡๐จ๐ฎ๐ซ๐ฌ ๐‚๐จ๐จ๐ฅ๐ข๐ง๐ -๐จ๐Ÿ๐Ÿ ๐๐ž๐ซ๐ข๐จ๐ ๐Ÿ๐จ๐ซ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐ž๐ซ ๐‹๐ข๐ฆ๐ข๐ญ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ฌ!
  • Maybank, CIMB, and Public Bank will implement 12-hour cooling-off period to improve online banking security. When the user increases the transfer limit, the 12-hour cooling-off period will automatically begin.
  • During the 12-hour cooling-off period, users can only transfer using the transfer limit before the increase. After the 12-hour cooling-off period, users can transfer with using new limits.
๐Œ๐š๐ฅ๐š๐ฒ๐ฌ๐ข๐š๐ง ๐—ฃ๐ฎ๐›๐ฅ๐ข๐œ ๐—›๐จ๐ฅ๐ข๐๐š๐ฒ๐ฌ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐ก๐š๐ฏ๐ž ๐›๐ž๐ž๐ง ๐—”๐ง๐ง๐จ๐ฎ๐ง๐œ๐ž๐!
  • The Cabinet of Malaysia has released the 2025 Malaysian public holidays schedule! The Chinese Lunar New Year falls on January 29 (Wednesday) and 30 (Thursday) in 2025, while Hari Raya Aidilfitri falls on March 31 (Monday) and April 1 (Tuesday), and Deepavali falls on October 20 (Monday).
  • In 2025, there will be 49 public holidays in Malaysia, 12 days are national public holidays, and the remaining holidays are limited to public holidays in specific states.
๐“๐ก๐ข๐ซ๐ ๐๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐’๐“๐‘ ๐€๐ข๐ ๐˜„๐ข๐ฅ๐ฅ ๐—ฏ๐ž ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ž๐ ๐—ถ๐ง ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ!
  • The official website of Sumbangan Tunai Rahmah (STR) has updated that the third phase of STR Aids will be distributed in August, and the fourth phase of STR assistance will also be distributed in November!
  • The family with a monthly income below RM5,000, singles with a monthly income below RM2,500, and senior citizens are eligible for assistance.
  • For those who eligible but havenโ€™t applied for STR Aids, you can apply via the official website of Sumbangan Tunai Rahmah (STR) : https://bantuantunai.hasil.gov.my/
๐—š๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—บ๐—ฒ๐—ป๐˜ ๐—ฅ๐—ฒ๐—ฎ๐—ฑ๐˜† ๐˜๐—ผ ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ ๐Ÿญ๐Ÿฌ-๐˜†๐—ฒ๐—ฎ๐—ฟ ๐—ฃ๐—ฎ๐˜€๐˜€๐—ฝ๐—ผ๐—ฟ๐˜๐˜€!
  • According to the Minister of Home Affairs, the Malaysian Immigration Department has completed a study on extending the validity period of Malaysian passports from 5 years to 10 years, and will announce the details soon!
  • People can choose to renew their passports with a validity period of 5 years or 10 years according to their needs!
๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž๐ ๐—–๐š๐ซ ๐ฐ๐ข๐ฅ๐ฅ ๐—ก๐จ ๐—Ÿ๐จ๐ง๐ ๐ž๐ซ ๐—š๐ž๐ญ ๐—™๐ฎ๐ฅ๐ฅ ๐—Ÿ๐จ๐š๐ง ๐š๐Ÿ๐ญ๐ž๐ซ ๐—œ๐ฆ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ๐ข๐ง๐  ๐ž-๐ˆ๐ง๐ฏ๐จ๐ข๐œ๐ž!
  • In the past, the government stipulated that consumers must pay a 10% down payment to purchase a car, but some salesmen will increase the car price to allow consumers to purchase a car with a 0% down payment. After the implementation of e-Invoice on August 1, salesmen must sell cars based on invoices issued by the company, and they cannot increase prices without authorization to allow consumers to purchase cars with full loans.
Public Holiday in August
  • 11.08.2024 (Sun) : Hari Hol Almarhum Sultan Iskandar๏ผˆJohor Only๏ผ‰
  • 24.08.2024 (Sat) : Melaka Governor’s Birthday๏ผˆMelaka Only๏ผ‰
  • 31.08.2024 (Sat) : Merdeka Day๏ผˆNational๏ผ‰
Important Dates in August
  • 15.08.2024๏ผšPCB๏ผˆJuly Salary๏ผ‰
  • 15.08.2024๏ผšSOCSO & EIS ๏ผˆJuly Salary๏ผ‰
  • 15.08.2024๏ผšHRDC๏ผˆJuly Salary๏ผ‰
  • 15.08.2024๏ผšEPF๏ผˆJuly Salary๏ผ‰
  • 15.08.2024๏ผšCP204 payment
  • 30.08.2024๏ผšAudit Report๏ผˆCompany F.Y.E Jan 2024๏ผ‰
  • 31.08.2024๏ผšForm C๏ผˆCompany F.Y.E Dec 2023๏ผ‰
  • 31.08.2024๏ผšSST๏ผˆJune – July 2024 payments๏ผ‰
  • 31.08.2024๏ผšCP204 Submission