15d ago
KUALA LUMPUR, March 10 (Bernama) -- InterSystems, a creative data technology provider powering over one billion health records globally, announced the appointment of Tim Ferris as vice president (VP), Healthcare Practice.
22d ago
KUALA LUMPUR, March 2 (Bernama) -- Since the implementation of e-invoicing began on Aug 1, 2024, a total of 204,928 traders have submitted e-invoices, involving the issuance of more than one billion e-invoices overall to date, according to the Ministry of Finance (MOF).
23d ago
KUALA LUMPUR, March 2 (Bernama) — Revenue from individual taxpayers is projected to increase by 9.4 per cent in 2026, driven partly by more stable wage growth, leading to a 13 per cent rise in registered individual taxpayers, according to the Finance Ministry.
1m ago
KUALA LUMPUR, Feb 24 (Bernama) -- The Inland Revenue Board (IRB) has issued nearly 200,000 Tax Installment Payment Notices (CP500) to taxpayers with an estimated tax amount of RM1.1 billion, up to January 2026, according to the Ministry of Finance (MoF).
1m ago
KUALA LUMPUR, Feb 12 (Bernama) -- A total of RM5.4 billion in tax refunds for the 2023 year of assessment, involving 38,629 cases, had been paid as of Feb 10, 2026, and the government is confident of completing the payments by this month, ahead of its first quarter of 2026 original target.
1m ago
KUALA LUMPUR, Feb 4 (Bernama) -- About 981 million e-invoices have been issued in total as of Feb 4, 2026, indicating the widespread use of the system by taxpayers nationwide.
1m ago
KUALA LUMPUR, Jan 28 (Bernama) -- The Inland Revenue Board (IRB) has devised a more fair and equitable strategy to ensure that the refund allocations provided by the government can be distributed in an orderly manner, the Finance Ministry said.
2m ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government’s total tax refunds in 2025 hit the highest level in five years, supported by an additional payment of RM7.5 billion in December last year, compared to the total additional allocation for excess tax refunds of RM4 billion announced previously.
2m ago
KUALA LUMPUR, Jan 1 (Bernama) -- Malaysia entered the fourth phase of electronic invoicing (e-invoicing) rollout today, marking another part of the government’s effort to strengthen tax administration while easing the compliance burden on small and medium enterprises (SMEs).
3m ago
By Karina Imran
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia has emerged as a notable global performer in public trust in the tax system, underpinned by exceptionally strong confidence in the accounting profession and steady gains from digitalisation, according to findings by the Association of Chartered Certified Accountants (ACCA).
3m ago
KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.
3m ago
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.