GEORGE TOWN, June 12 (Bernama) -- The Inland Revenue Board (LHDN) has received 328 million e-invoices from taxpayers until yesterday since the system was launched in August 2024.
LHDN tax operations department director (e-invoice division) Dr Rasyidah Che Rosli said nearly 35,000 taxpayers submitted the e-invoices, including many who adopted the system voluntarily ahead of their respective mandatory phases.
"This was a positive response from taxpayers under the first phase as well as those under the second and third phases who implemented e-invoicing voluntarily.
"The digital records via the e-invoice system help prevent the loss or misplacement of documentation and will, in the future, be integrated directly into taxpayers’ returned forms for greater efficiency and accuracy," she told reporters at the CTOS SME Biz Day 2025 Penang at Setia Spice Convention Centre here today.
The event was officiated by Penang Deputy Chief Minister II, Jagdeep Singh Deo, and was attended by more than 1,300 participants, including government representatives, industry experts and prominent corporate leaders.
Meanwhile, Rasyidah said LHDN has granted an interim six-month relaxation period for each phase of the implementation for taxpayers who are issuing consolidated e-invoices.
She noted that LHDN is also supporting taxpayers in the transition by providing guidelines and frequently asked questions on its e-invoice microsite.
"LHDN also provides a transmission mechanism through the application programming interface (API) integrated with MyInvois that allows taxpayers to select whether to develop their system or to use the services of technology suppliers," she added.
Taxpayers can also transmit the e-invoice using the MyInvois Portal for free. They may refer to the LHDN e-invoice microsite for guidance.
The e-invoice implementation began on Aug 1, 2024, for companies with annual sales exceeding RM100 million, with the second phase starting on Jan 1, 2025, for companies with annual sales between RM25 million and RM100 million.
On June 5, LHDN said taxpayers with income or annual sales below RM500,000 would be exempted from the e-invoice system for now.
It was postponed to Jan 1, 2026 for those earning between RM1 million and RM5 million, while those with income of up to RM1 million will begin on July 1, 2026.
-- BERNAMA
