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[Jayden]

Electronic filing, or e-filing, refers to the process of filing taxes electronically, using online software approved by the competent tax authority of the respective country.

Sometimes lhdn e filing is restricted to certain professionals and/or companies with a minimum annual income limit. Whether individuals, small businesses and other professionals can file electronically depends on each country and sometimes, even within the same country, on each province, depending on tax and government regulations.

Advantages of e-filing

E-filing is becoming increasingly popular due to the wide range of benefits it brings:

1. Convenience and flexibility

E-filing has increased flexibility in tax filing and is much more convenient, as you can now file your taxes from the comfort of your home or workplace whenever you want. They can do it whenever they want, as it is no longer a 9 to 5 task.

2. Saving time and money

E-filing saves a lot of time and money. When taxes are filed electronically, whether for businesses, professions or individuals, the data is transmitted directly online from the e-filer's servers to those of the tax office. The process saves a lot of time and money from transferring data from paper to online entry and prevents the agency from making transmission errors.

Electronic filing also reduces time and effort for both the tax agency and the taxpayer, as it is generally much easier and faster to process electronic tax returns than paper returns, thus saving a lot of time on both ends.

3. Increased *cenzura*

Since transmission errors and the like can be avoided through electronic filing, it leads to greater *cenzura* of data records and the overall tax filing process.

4. Less room for record manipulation and window dressing.

E-filing leaves less room for manipulation of data records and window dressing. With e filing, online data availability and interconnectivity are much deeper, and linking or tracing data back to a tax paying unit becomes much easier and faster with e-filing.

5. Increased authenticity and accountability

E-filing has also increased the authenticity of the process and the accountability of both the tax agency and the taxpayer. Paper filing is a bit more ambiguous because there is a great deal of ambiguity in the receipt of tax documents and records.

With electronic filing, notification throughout the tax filing process and/or confirmation of receipt or rejection is delivered within 24 hours, which increases the level of certainty of the entire process. It makes it less ambiguous than it usually is through the paper filing method.

About Us

QNE Software Sdn Bhd (QNE) is a dynamic organization located in Kuala Lumpur (KL) that actively provides Accounting System to the South East Asia market. QNE’s solutions are designed specifically to meet the requirement of local business practices and challenging environments.

Website - https://www.qne.com.my/

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