Latest news with #AbuTariqJamaluddin
Borneo Post
29-05-2025
- Business
- Borneo Post
LHDN Sabah collects RM5.7 billion in 2024, targets RM6.2 billion for 2025
Tariq KOTA KINABALU (May 29): The Inland Revenue Board (LHDN) of Sabah collected RM5.7 billion in taxes for 2024. LHDN Malaysia Chief Executive Officer Datuk Dr Abu Tariq Jamaluddin said this year the agency is targeting higher collections compared to last year, with a goal of RM6.2 billion for Sabah. 'This target has increased as the 2024 collection showed a positive response, exceeding the previous year's figures. 'LHDN will also continue to monitor the performance of companies that evade paying their due taxes. 'They can make installment payments, and it is the responsibility of the Sabah LHDN to ensure these companies comply with the payment schedule,' he told the media after paying a courtesy visit to the Head of State of Sabah, Tun Musa Aman, at Istana Seri Kinabalu today. He also stated that the purpose of the visit was to introduce the new director of LHDN Sabah, Datin Dayang Halimah Awang Ahmad, who replaces Azrul Hisham Shamsudin. Additionally, Tariq mentioned that LHDN Sabah conducted 'Operasi Pematuhan (OP) Tombak' in Tawau from April 23 to 25. 'LHDN has also carried out several special operations to ensure compliance, including OP Tombak, to monitor adherence to income tax regulations and the Electronic Stamp Duty Assessment and Payment System (STAMPS),' he added. During the visit, Tariq was accompanied by Dayang Halimah, Deputy CEO (Special Branch) Ahmad Khairuddin Abdullah, State Operations Director (Corporate Tax Audit) Paul Anak Sarip and State Operations Director (Collection) Naharuddin Nurdin.
The Star
29-05-2025
- Business
- The Star
Strategic tax compliance effort targets inactive taxpayers in KK
KOTA KINABALU: A joint verification operation targeting inactive taxpayers in Sabah's capital has uncovered 380 individuals still running businesses despite being listed as non-active in tax records. The four-day exercise, held under the Integrated Revenue Programme with Kota Kinabalu City Hall (DBKK), was a joint initiative between the Inland Revenue Board (LHDN) and DBKK, focusing on commercial areas such as Anjung Kinabalu, Anjung Senja and Todak Waterfront. LHDN chief executive officer Datuk Dr Abu Tariq Jamaluddin said the initiative aimed to identify inactive taxpayers who continued to operate businesses — a move to boost compliance and ensure accurate tax records. 'This strategic programme is not only about enhancing revenue collection but also strengthening compliance and ensuring our taxpayer records are accurate,' he said at the programme's closing ceremony on Thursday (May 29). Abu Tariq added that the programme utilised GeoHasil, a geo-location-based application, to streamline on-the-ground verification efforts. Business licence data provided by DBKK was also crucial in matching and confirming taxpayer status. Among the types of businesses identified were fresh produce vendors, food stalls, handicraft sellers, dry food traders, and wholesale market operators. He said the findings revealed untapped revenue potential and underscored the importance of shared, up-to-date data to support long-term compliance efforts. Kota Kinabalu Mayor Datuk Seri Dr Sabin Samitah, who also spoke at the ceremony, said DBKK was proud to play a proactive role in the initiative and hoped it would serve as a model for other local authorities nationwide. 'This programme reflects a meaningful collaboration between federal and local government, and we hope other local authorities will take similar steps,' he said. Sabin stressed that a fair and efficient tax system was essential for sustainable national development, enabling the government to deliver key services such as infrastructure, education, and healthcare. 'Through this joint effort, we're building trust and encouraging voluntary compliance while safeguarding national revenue,' he added. Both officials expressed hope that the collaboration will serve as a benchmark for other local councils aiming to strengthen tax governance through data sharing and coordinated verification exercises.
Rakyat Post
30-04-2025
- Business
- Rakyat Post
Why HASiL Is Rushing To Get Businesses Ready For e-Invoicing — And Why You Shouldn't Wait Until The Last Minute
Subscribe to our FREE The clock is ticking, and the message is clear: don't wait until the last minute . As Malaysia gears up for full-scale e-Invoicing implementation by 2026, the Inland Revenue Board of Malaysia (HASiL) is taking proactive steps to ensure businesses, especially micro, small, and medium enterprises (MSMEs), are ready for the shift. To support businesses in making the switch to digital invoicing, HASiL has launched the Jelajah Mega e-Invois 2025 road tour. As part of this nationwide campaign, over 1,000 tax officers from 38 branches will visit more than 4,000 business premises to provide on-site education, guidance, and support. Their goal is to help MSMEs transition from traditional paper invoices to a fully digital system—making everyday operations and tax management faster, easier, and more transparent. (Credit: HASiL) Why e-Invoicing Outreach Matters The road tour kicked off with a visit to Pusat Penjaja Jalan Duta in KL, where Deputy Finance Minister Lim Hui Ying and HASiL officers engaged with local hawkers. While the response was positive, it quickly became apparent that some traders were still unaware of what e-Invoicing is or how it would impact their businesses—proving that on-the-ground outreach was definitely crucial. HASiL CEO Datuk Abu Tariq Jamaluddin stressed the importance of this digital transformation: The implementation of e-Invoicing is necessary to streamline business operations in the future. HASiL CEO Datuk Abu Tariq Jamaluddin. Wait, So What Is e-Invoicing Again? Introduced in August 2024, e-Invoicing replaces traditional paper invoices with a digital system. It's designed to simplify business processes, improve accuracy, and support tax compliance as part of Malaysia's broader digitalisation goals outlined in the 12th Malaysia Plan (RMK-12). For businesses, e-Invoicing promises easier organisation, better transparency, and much less stress when it comes to year-end accounting. Read More: And for regular taxpayers like you and me, it means no more holding onto a stack of receipts and invoices for up to just in case you need 'em for tax relief claims. With e-Invoicing, receipts are stored digitally, making it easier to file your taxes. Everything is tracked, saved, and ready when you need it—easy peasy. Just check out the short animation below to learn more. HASiL also has a full playlist on YouTube explaining how e-Invoicing works—you can watch 'em When Should Businesses Start? To give businesses time to adapt, the government is rolling out e-Invoicing in four phases: August 2024 : Businesses with annual revenue over RM100 million January 2025: Businesses earning RM25–100 million July 2025: Businesses earning RM500,000–25 million January 2026: Businesses earning below RM500,000 A six-month grace period is provided in each phase, allowing businesses to issue combined e-Invoices for all transactions without penalties. As of 28 April 2025, more than 29,000 businesses have registered for e-Invoicing, with over 262 million e-Invoices already submitted through the system. Lim further emphasised that this move is part of a larger national effort to strengthen the business ecosystem through digitalisation, and urged Malaysians to adopt it ASAP . I also call on all taxpayers not to take a wait-and-see approach or wait until the last moment, but instead take a proactive approach and make early preparations towards the implementation of e-Invoice for their respective businesses or organisations. Deputy Finance Minister Lim Hui Ying. Tools to Help Businesses Transition To ease the transition, HASiL has introduced a suite of tools and resources: MyInvois Portal and App – free, easy-to-use platforms for e-Invoice issuance. MyInvois e-POS – a free digital point-of-sale system for MSMEs earning under RM250,000 annually. TIN (Tax Identification Number) Search Tool and Taxpayer QR Codes – to simplify invoice processing. Guidelines, Software Development Kit, and micro-sites – to help businesses integrate and operate efficiently. In addition to the road tour, HASiL is also offering free public briefings nationwide and ongoing support through its official channels. I urge anyone with concerns or questions about e-Invoicing to seek assistance without hesitation. Accurate information can be obtained directly from HASiL through free seminars, briefings, or by reaching out to the dedicated e-Invoicing Help Desk. HASiL CEO Datuk Abu Tariq Jamaluddin. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter. Source:
Daily Express
27-04-2025
- Business
- Daily Express
170 tax officers in Tawau op
Published on: Sunday, April 27, 2025 Published on: Sun, Apr 27, 2025 Text Size: Hasil Chief Executive Officer Datuk Dr Abu Tariq Jamaluddin said the closure of OP Tombak is not an end, but a beginning of renewed commitment to tax compliance. TAWAU: A total of 170 Inland Revenue Board of Malaysia (Hasil) officers from across Sabah have been deployed to handle 1,000 identified cases during the Operasi Pematuhan (OP) Tombak to ensure the national taxation system remains efficient, fair and inclusive. The large-scale operation, held from April 23 to 25 in Tawau, focusing on areas such as tax audits, employer Monthly Tax Deductions (PCB), strategic investigations, taxpayer verification, collections, stamp duties and legal enforcement. The operation specifically focused on high-risk sectors including the palm oil industry, services, the shadow economy, contractors, and other sectors prone to non-compliance. It was also the fifth operation of its kind carried out this year, as part of Hasil's long-term strategy to strengthen tax compliance and expand the tax base under the Malaysia Madani framework. Hasil Chief Executive Officer Datuk Dr Abu Tariq Jamaluddin said the closure of OP Tombak is not an end, but a beginning of renewed commitment to tax compliance. 'The success of this operation must be followed by consistent, focused and data-driven actions,' he said, when officiating the OP Tombak closing ceremony at Hasil Tawau Office on Friday. Also present were Deputy CEO (Compliance) Datuk Hisham Rusli and Deputy CEO (Special Branch) Ahmad Khairuddin Abdullah, along with Hasil's senior management. Abu also highlighted the need for active participation from all stakeholders to ensure the national taxation system becomes more efficient, comprehensive, and beneficial to both the people and the country. 'It is hoped that the implementation of this operation will have a positive impact and contribute significantly to the agenda of expanding the tax base, increasing voluntary compliance, and strengthening public confidence in a fair, transparent, and integrated taxation system,' he said. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
