Simplify Your Personal Tax Reliefs in Malaysia With e-Invoice
The Inland Revenue Board of Malaysia (“IRBM”) has announced that taxpayers are encouraged to request an e-Invoice for every expenditure transaction that qualifies for individual tax reliefs.
This initiative is a key pillar of IRBM’s broader strategy to enhance Malaysia’s digital tax ecosystem, streamlining tax compliance through the phased implementation of e-Invoicing.
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The Pre-Filling Initiative
This proactive measure services as a pilot project for the pre-filling of tax relief information into the Income Tax Return Form. Based on validated e-Invoice data, this automation will take effect starting from Year of Assessment 2026.
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Potentially Pre-filled Relief
Taxpayers is encouraged to obtain e-Invoices for the following potentially pre-filled relief which include, but not limited to:
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Lifestyle relief: Purchase of personal computers, smartphones, books etc.
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Medical and life insurance
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Childcare centre fees
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Other categories: Various other relief categories as determined by tax regulations
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E-Invoice Issuance Requirement
To ensure an e-Invoice is issued accurately, purchasers must provide the seller with their:
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Tax Identification Number (TIN No.); or
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Identification Number (MyKad / Passport).
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Digital Record Management
The use of e-Invoicing enables taxpayers in record-keeping and management. All transaction details and tax relief records can be reviewed digitally via the MyInvois Portal.
For further information, please visit the official website of the Inland Revenue Board of Malaysia at
https://www.hasil.gov.my/en/
KAIZEN Group, together with its associate firms in Malaysia, can help the clients to perform these compliances formalities so as to maintain the Malaysia company in good standing. Please call and talk to our professional accountants in Kaizen for further clarification.
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