Groups welcome offer of leniency for e-invoicing hiccups

E-Invoice News

Groups welcome offer of leniency for e-invoicing hiccups
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GOTHENBURG, Sweden (Reuters) - European champions England withstood a second-half barrage to grab a 0-0 draw with Sweden in Group A3 and qualify for Euro 2025, with the Swedes heading for the playoffs after finishing third in the pool.

PETALING JAYA: Groups have welcomed the Inland Revenue Board’s assurance of leniency towards businesses in cases of non-compliance when e-invoicing is implemented next month.

“The flexible approach taken by LHDN would also help reduce anxiety about the potential technical and financial challenges to be faced and allow them to focus on finding suitable solutions. Soh said the move would also allow companies to report issues and seek help from the authorities, ultimately helping to build trust between them.

Associated Chinese Chambers of Commerce and Industry of Malaysia treasurer general Datuk Koong Lin Loong said the flexibility would help businesses familiarise themselves with the new system, especially for those just coming on board.

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