IRBM announced new e-invoicing implementation timeline

On 28 October 2023, the Inland Revenue Board of Malaysia (IRBM) updated the previously published guidelines addressing the scope of gradual implementation of e-invoicing for targeted taxpayers.

- The updated version 2.1 of the e-invoice Guideline.

- E-invoice Specific Guideline version 1.1.

- E-invoice Catalogue.

The new mandatory e-invoicing implementation considers the gradual roll-out plan for targeted taxpayers from:

- 1 August 2024: Taxpayers with an annual turnover or revenue of mor…