Inland Revenue Board chief executive officer Datuk Dr Abu Tariq Jamaluddin presenting a souvenir to Sabah Journalists Association president Datuk Muguntan Vanar at the IRB networking session with Sabah media in Kota Kinabalu on Thursday .
"Although there is still time before the official implementation next year, it would be advantageous for companies earning between RM25mil and RM100mil to begin using the system now. On the first day alone, a total of 766,000 einvoices were submitted to the MyInvois system, of which 18,000 submissions came from 150 companies in Sabah.
Speaking at a networking session with the Sabah media on Thursday , Abu Tariq noted that no issues with einvoice submissions have been reported so far, adding that LHDN is prepared to assist if any problem arises. The final phase, set to begin on July 1 next year, will encompass the remaining 28,000 registered companies, comprising smaller businesses and all remaining taxpayers.
"Transition to this system may be challenging, especially for businesses with limited technological infrastructure, but LHDN is dedicated to offering hands-on support and guidance," he assured.