IRB’s new MyInvois offers easy, free e-invoicing for businesses

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KUALA LUMPUR, Aug 13 — The Inland Revenue Board (IRB) has developed the MyInvois portal as a free solution for submittin...

The funds collected are used to support various public services such as healthcare, education, security and infrastructure.“Tax revenues also enable the government to build and maintain roads, bridges, schools, hospitals and other public facilities, all of which contribute to the well-being of the community and economic growth,” she added.

Regarding tax payments, Nur Azureen said they can be reduced if taxpayers take advantage of the tax deductions or exemptions permitted by IRB.“When using these tax deductions or exemptions, it is important to maintain organised tax records for at least seven years to manage tax matters better, especially when facing audits from IRB,” she said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: LHDN IRB Myinvois E-invoice

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 15:21:16 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 312 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22060132

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