CIMB Bank introduces LHDN's new e-billing feature for tax payments in Malaysia
By Digital News Asia July 28, 2023
- Bill Number through LHDN's one-stop MyTax service portal is required
- Pay taxes via CIMB BizChannel & CIMB Clicks with direct payment to LHDN
CIMB Bank Bhd and CIMB Islamic Bank Bhd introduced a new integrated e-billing feature by Lembaga Hasil Dalam Negeri (LHDN) within its CIMB BizChannel and CIMB Clicks platforms. CIMB is the first bank to implement the new e-billing service.
Customers must first obtain a Bill Number through LHDN's one-stop MyTax service portal to use the feature. After that, they can log in to CIMB BizChannel or CIMB Clicks, navigate to the bill payment section, select 'LHDN e-Billing' as the biller and enter the Bill Number.
The taxpayer's details will be automatically populated, and customers can pay directly from their accounts.
With the integration of LHDN's e-billing system feature into CIMB's platforms, each tax payment transaction will have its unique number for LHDN's reference. This ensures accuracy and transparency, with secure payment validation through the direct link with LHDN.
Ahmad Shazli Kamarulzaman (pic), deputy CEO of Group Commercial Banking at CIMB Group, said, "This convenient feature offers a simplified and streamlined tax payment method for businesses, including corporates and small and medium enterprises (SMEs)."
Marsidi Zelika, director of the Revenue Collection Department at LHDN Malaysia, said, "The e-Billing feature will undoubtedly bring significant benefits to LHDNM as well as provide the best payment experience to all Malaysian taxpayers."
The new e-billing feature complements other tax payment methods available via CIMB, such as FPX, online credit card payments via the MyTax portal, and the bank's ATMs and over-the-counter at all CIMB branches nationwide.
CIMB BizChannel is the bank's platform for business clients to allow them to manage their accounts, payments and finances anytime, anywhere. In 2022, CIMB BizChannel recorded a 36% increase in transaction volume and 11% growth in users year-on-year.
Related Stories :