Datin Shin Yap

What exactly is a TIN? The Tax Identification Number (TIN) is a unique number assigned to individuals and businesses for tax purposes. This number, comprising a prefix code and a set of numbers, enables the Inland Revenue Board (IRB) to identify taxpayers for tax purposes. Tax identification number is also…

Ever notice how the Inland Revenue Board of Malaysia (IRBM) loves to drop the latest updates on a Friday night? It always means overtime for us to catch up! Based on the media release published on 26 July 2024, the IRBM has announced flexibility for taxpayers to issue consolidated e-Invoices…

What Is a Consolidated e-invoice? To assist the Suppliers in complying with e-Invoice requirements and to reduce the burden to both Suppliers and Buyers, the Inland Revenue Board (IRB) allows the Suppliers to consolidate the transactions with Buyers (who do not require an e-Invoice) into a consolidated e-Invoice on a…

1. e-Invoice An e-Invoice is the digital equivalent of a traditional paper invoice. It is an electronic document that outlines the details of a transaction between a buyer and a seller. The primary difference between an e-Invoice and a physical invoice is the format. Key features of an e-Invoice typically…

What is MyTax and MyInvois Portal Testing Environment? The MyTax and MyInvois Portal Testing Environments are crucial tools for taxpayers looking to familiarize themselves with Malaysia’s digital tax systems without affecting their actual data. The MyTax Portal Testing Environment provides a safe space to explore the features and functionalities of…