Report : IRB to roll out e-invoicing next year

Report : IRB to roll out e-invoicing next year

THE Inland Revenue Board (IRB) will introduce “e-invoicing” starting next year which will enable Malaysian taxpayers to no longer be forced to keep hard copies of their invoices, vouchers and receipts for seven years.

A business daily today reported IRB CEO Datuk Dr Mohd Nizom Sairi said the e-invoicing platform would enable taxpayers to keep their records online with them.

“Principally, when it is fully implemented, the e-invoicing initiative will reduce the burden of record keeping by taxpayers.

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