BUDGET 2024 INLAND REVENUE BOARD MALAYSIA’S (IRBM) E-INVOICING
BUDGET 2024 INLAND REVENUE BOARD MALAYSIA’S (IRBM) E-INVOICING
Why Should You Attend This Program?
The National Budget 2024 which was tabled in parliament on 13 October 2023 will require adoption of e-invoicing for businesses which generated revenue or turnover above Rm100 million. By July 2025, e-Invoicing will become mandatory for all businesses irrespective of sales threshold.
The introduction of e-invoicing is one of Malaysian’s government digitalisation agenda for efficient tax administration. The purpose is to improve the efficiency and transparency of the invoicing process. It will also help to reduce tax evasion and fraud.
This course will highlight the key salient points of Malaysian’s Inland revenue board’s mechanics of e-invoicing and impact to financial operational processes.
Who should attend: Mainly business owners and their accounting, taxation, internal auditors, finance and compliance department personnel. Staff from other departments like Information Technology, Supply Chain, Human Resource, Sales, Procurement, Purchasing, project management and operations with finance related operational documentation responsibility who wish to understand the e-invoicing impact to departmental business operations.
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