PUTRAJAYA: The Inland Revenue Board of Malaysia (IRB) has recorded more than 106,000 registered taxpayers and transactions exceeding RM675mil under its e-invoice system to date, marking another milestone in the nation’s digital transformation.
Deputy Finance Minister Lim Hui Ying said the initiative represents a significant step towards comprehensive digitalisation, enhancing efficiency while strengthening transparency and integrity in Malaysia’s tax administration.
“The implementation of the e-invoice system is a major leap in digitalisation. It not only modernises tax processes but also builds public confidence in the efficiency and transparency of national revenue management,” she said in a statement.
Earlier, Lim officiated the IRB’s Innovation and Integrity Day celebration at Menara Hasil, Cyberjaya.
She highlighted the upcoming implementation of the Self-Assessment System for stamp duty, scheduled to take effect on Jan 1, 2026. Under the new system, stamp duty payers will be entrusted to assess the applicable rate and amount themselves, streamlining procedures and saving customers’ time. — Bernama
