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Borneo Post
31-07-2025
- Business
- Borneo Post
e-Invoice: A smart move for Malaysian SMEs in the digital era
This online platform via MyTax makes invoicing easy and accessible for all businesses. KUALA LUMPUR (July 31): Running a small or medium-sized enterprise (SME) in Malaysia today means navigating a business environment that is increasingly complex, competitive and demanding. Businesses are expected to provide quick and accurate service while regulatory requirements continue to evolve. For many business owners, staying resilient means adopting digital tools that simplify operations, strengthen financial governance and maintain compliance without draining limited resources. One of the most significant enablers in this digital for Malaysian SMEs is the e-Invoice system introduced by Lembaga Hasil Dalam Negeri Malaysia (HASiL). More than a compliance requirement, e-Invoice offers SMEs a pathway to improve efficiency, enhance financial accuracy and reinforce professional credibility, helping businesses build a stronger foundation for sustainable growth. e-Invoice is a free solution that allows businesses to generate, receive and manage invoices electronically. Unlike traditional manual invoicing, which often involves printing, physical filing and a higher risk of errors, e-Invoices are issued and stored digitally in near real time. Each invoice is submitted directly to HASiL through a secure and integrated system, ensuring seamless alignment between business transactions and tax reporting requirements while reducing paperwork and enhancing transparency. For SMEs that often face operational challenges due to limited manpower and tight budgets, the adoption of e-Invoice can significantly ease administrative burdens. By streamlining invoicing processes, businesses are able to shorten processing time with e-Invoice by eliminating the need for paper invoices to be processed manually. This automation reduces manual efforts and minimises errors. With e-Invoice, businesses are able to streamline their invoicing workflows and ensure greater accuracy and transparency in all transactions. This is significant as this led to business' efficiency, without creating unnecessary barriers or challenges. It also simplifies and improves the accuracy of tax reporting, reducing the risk of discrepancies and allowing SMEs to prepare and submit tax returns with confidence. System-generated e-Invoices project a higher level of professionalism, which helps strengthen a business's reputation among customers, suppliers and financial institutions. Recognising the challenges faced by SMEs and micro-businesses in adopting new digital systems, HASiL offers two free, user-friendly solutions to support businesses in implementing e-Invoice. MyInvois Portal is a free e-Invoicing solution tailored for individuals and businesses that do not utilise a business ERP system for generating e-Invoices. This portal is especially advantageous for small enterprises and those with a low volume of transactions. It is designed to be user-friendly and is accessible through various devices, including computers, laptops, and smartphones, allowing users to handle their e-Invoicing needs with ease, from any location, at any time. e-Invoice implementation for SMEs will be phased according to the annual revenue, ensuring businesses have sufficient time to adapt and comply. MyInvois e-POS is specifically provided by HASiL and is available free of charge to small businesses to enhance business operational efficiency and meet the requirements for e-Invoice implementation. In addition to features for sales management, accounting, inventory management and financial reporting, the MyInvois e-POS System also allows sellers to generate e-Invoices directly during transactions with buyers or buyers may request e-Invoice from the seller after the transaction is completed These platforms reflect HASiL's commitment to supporting Malaysian SMEs in their journey towards digitalisation, ensuring that going digital does not require expensive systems or complex integration, allowing businesses of all sizes to benefit from modern invoicing tools without significant financial strain. To ensure a smooth transition to e-Invoicing, businesses should take several preparatory steps. First, it is essential to understand the e-Invoice guidelines issued by HASiL to avoid any compliance issues. Next, ensure that existing systems are capable of supporting e-Invoice implementation. For businesses that do not use an ERP system, platforms such as the MyInvois Portal or MyInvois e-POS can serve as practical alternatives. Businesses are also encouraged to train and equip their staff with the necessary skills to manage e-Invoicing efficiently. Lastly, stay alert to any updates to the MyInvois system and e-Invoice guidelines to ensure ongoing compliance with current requirements. By embracing e-Invoice, businesses can position themselves for greater efficiency and accuracy while unlocking new opportunities for growth through clearer reporting and better data. SMEs are encouraged to take full advantage of the free tools provided by HASiL to start their digital transformation journey with e-Invoice. For detailed information and step-by-step guidance, you can visit to begin their e-Invoice adoption with confidence.
Focus Malaysia
30-07-2025
- Business
- Focus Malaysia
Taxman detected 5.8k tax dodgers evading RM484m based on e-invoice submission scrutiny
TAX evasion has certainly been made difficult with the implementation of mandatory e-invoicing that requires all registered businesses to generate e-invoices for B2B, B2G and B2C transactions (businesses below RM500,000 in annual revenue are accorded exemption). Such is the harsh reality as the Inland Revenue Board of Malaysia (HASiL) revealed that a total of 5,800 taxpayers who were previously found to be non-compliant in submitting their Income Tax Return Forms (BNCP) have come forward to submit them. 'They had reported income for the past assessment year amounting to RM484 mil which contributed an additional tax revenue of RM82 mil,' the tax collector pointed out in a media statement. 'HASiL is always actively monitoring taxpayer data that has been verified in the MyInvois system to ensure that tax compliance is implemented voluntarily and continuously in line with the principles of fairness in the national taxation system.' As of July 30, around 413 million e-invoices have been issued in total, entailing the participation of more than 83,000 taxpayers from the first to third phases who implement e-invoicing mandatorily as well as those in the fourth and fifth phases who complied voluntarily. For the record, the first phase of the e-invoicing exercise began on Aug 1 last year for businesses with a turnover exceeding RM100 mil followed by Phase 2 on Jan 1 this year for companies with a turnover surpassing RM25 mil. From July 1, businesses with annual revenue between RM5-RM25 mill have been subject to e-invoicing under Phase 3 while those with revenue between RM500,001 and RM1 mil must comply from July 1, 2026. 'Taxpayers are advised to always update their tax records and ensure full compliance to avoid any enforcement action,' warned HASiL 'Based on the information submitted by the e-invoice system, HASiL has taken early compliance action against taxpayers who are at risk of failing to report their income.' The taxman further reminded taxpayers whose grace period has expired that they must fully implement e-invoicing in accordance with the existing guidelines. – July 30, 2025
The Sun
21-07-2025
- Business
- The Sun
HASiL launches tax compliance op in four states including Melaka
MELAKA: The Inland Revenue Board (HASiL) has launched its National Tax Compliance Operation, Op Tuah, running simultaneously in Melaka, Negeri Sembilan, Kedah, and Perlis until Friday. The operation involves 346 officers targeting 1,829 enforcement cases across key sectors such as construction, real estate, and e-commerce. The Corporate Services Department stated that Op Tuah integrates six tax operational activities, including auditing, collection, and taxpayer verification. 'This initiative ensures a transparent and fair tax ecosystem while addressing non-compliance,' the department said in a statement. A key component of the operation is the e-Invoice Mini Jelajah, which educates taxpayers on digital tax systems. HASiL CEO (Compliance) Datuk Hisham Rusli emphasized the operation's role in supporting Malaysia's revenue sustainability. The launch at Menara HASiL was attended by senior officials, including Tax Compliance chief officer Mohamad Fauzi Saat and Melaka HASiL director Mohd Shahriz Ramli. – Bernama
The Star
13-07-2025
- Business
- The Star
TAR UMT student to take on global tax challenge
One for the album: (From left) Hisham, Ernst & Young Tax Consultants Sdn Bhd tax leader (Asia East) Yeo Eng Ping, Farah, Ooi and Shaharrudy. Tunku Abdul Rahman University of Management and Technology (TAR UMT) student Ooi Wei Xuen will represent Malaysia at the EY Young Tax Professional of the Year (YTPY) global finals, where he will compete against national level winners from other nations early next year. The 22-year-old, who is pursuing his Bachelor of Business (Honours) Accounting and Finance at the varsity, was announced national champion of the YTPY 2025 competition on July 3, paving the way for him to make the country proud in the international round of the competition. For his effort, Ooi took home a cash prize of RM8,000 and the opportunity for a paid internship or a conditional offer of employment in Tax Services with Ernst & Young Tax Consultants Sdn Bhd. Commenting on his win, Ooi said it was an 'incredible' feeling. 'Competing against top university talents and presenting in front of HASiL directors and EY tax partners was a true honour. 'This recognition motivates me to keep growing and to aim even higher,' he said in a press release. The first and second runners-up were Erdina Mysarah and Idris Fadli Ambok Dalek, respectively. Both are aged 23, and pursuing their Bachelor of Accounting (Honours) at International Islamic University Malaysia. Erdina received a cash prize of RM6,000 while Idris Fadli took home RM3,000. They also received offers for either a paid internship or a conditional employment position at the company. In his address, Lembaga Hasil Dalam Negeri Malaysia (HASiL) deputy chief executive officer (Tax Operation) Shaharrudy Othman said the programme aligns with HASiL's vision as a leading tax administrator by enhancing its commitment to providing excellent tax services through an integrated and transparent taxation system. 'As we work to build a competent workforce and nurture talent through various initiatives, the EY YTPY programme not only reinforces this mission but also encourages participants to explore the rewarding career opportunities available in the field of tax.' Ernst & Young Tax Consultants Sdn Bhd (Malaysia) tax managing partner Farah Rosley said unlike conventional undergraduate programmes, the YTPY competition is a global initiative that inspires young talents to break free from the limitations of their academic environment, engage with real-world challenges and grow their network with business leaders and industry champions. 'This competition provides a unique platform for undergraduates to tackle genuine business issues while collaborating with industry leaders to address problems that span across borders and cultures. 'Such invaluable exposure equips our future workforce with the skills and insights needed to stand out in the competitive job market,' she said. Ernst & Young Tax Consultants Sdn Bhd partner and YTPY (Malaysia) programme director Hisham Halim said the challenge offers students a unique platform to explore the pivotal role of taxation in shaping today's global economies, and to discover how they can create meaningful impact as future tax professionals. 'This prestigious competition encourages diverse perspectives and challenges participants to creatively analyse complex issues facing global businesses. 'With an international panel of judges assessing both innovation and practical skills, participants are required to integrate critical thinking, business acumen and technical tax knowledge to solve real-world challenges. 'We are confident that this year, Ooi will rise to the occasion and shine on the global stage,' he said.
The Star
17-06-2025
- Business
- The Star
LHDN launches Op Metro 3.0 to boost tax compliance in Klang Valley
PUTRAJAYA: The Inland Revenue Board (LHDN) has launched Op Metro 3.0 to strengthen the culture of tax compliance among taxpayers through a more strategic and focused approach. The operation, which runs until June 20, is being conducted simultaneously around the Klang Valley with the involvement of various departments under LHDN. This includes the Tax Compliance Sector, Investigation Sector, Revenue Collection Department, Intelligence and Profiling Department, Digital Department, and Strategic Compliance Branch. 'Op Metro 3.0 is a continuation of Op Metro 2.0 held in February. 'This time, we are mobilising 590 officers and have identified 682 cases for action,' said LHDN chief executive officer Datuk Dr Abu Tariq Jamaluddin ( pic ) in a statement yesterday, Bernama reported. He said the operation was also joined by the Companies Commission of Malaysia (SSM) to monitor corporate compliance, making it SSM's second involvement after Op Rejang was carried out in Sarawak in April. Targeted sectors for Op Metro 3.0 include construction, manufacturing, services, consultancy and wholesale trade. The operation focuses on four key activities, namely, audit, collection, taxpayer verification and strategic compliance. 'Our focus is clear: firm against those who deliberately violate the law, tolerance and guidance for unintentional errors, and appreciation for compliant taxpayers,' said Abu Tariq. He stressed that LHDN's main mission is to make tax compliance a culture rather than a burden, adding that appropriate action will be taken against defaulters. Also present at the launch of Op Metro 3.0 were SSM CEO Datuk Nor Azimah Abdul Aziz and deputy CEO (Regulation and Enforcement) Amir Ahmad, as well as senior management of both agencies. LHDN is optimistic that strategic cooperation between enforcement agencies will continue to be strengthened in ensuring that tax policies are implemented well. 'Through the integration of expertise and resources, we are confident that tax policy implementation will be more efficient, extensive and structured,' Abu Tariq said. Any enquiries can be directed to the Hasil Contact Centre at 03-8911 1000, via HASiL Live Chat, or through the feedback form on HASiL's official portal at
