Proposed VAT B2B & B2G e-invoicing & real-time reporting Public consultation extended by Revenue Commissioners The Irish Minister for Finance has announced on 10 October 2023 the opening of a public consultation on Ireland’s digitalisation of VAT Invoicing and Reporting System. This was part of
E-invoicing extended May 2024 Mandatory electronic invoicing by certain taxpayers was commenced by the Directorate General of Taxes DGI in 2012 and has been rolled out to many taxpayers since. It is now obligatory for all enterprises with a tax revenue above UYU 305,000 (approx.
New Zealand’s revised adoption of Peppol PINT e-invoicing specification The phased introduction of the PINT A-NZ specification of OpenPeppol standard e-invoicing has been revised. This replaces the existing ANZ Peppol BIS 3.0 specification. The format is obligatory for B2G e-invoicing, and also if e-invoicing is
Business Payments Coalition launch DBNAlliance as common e-invoice network exchange option A new not-for-profit entity, Digital Business Networks Alliance, has been established as the legal entity to run an industry-backed e-invoicing exchange framework. The focus of its current 30 members is in the energy, supply
Tax authorities stage a coup d’etat of taxpayers’ VAT returns – EU VAT in the Digital Age next? What’s the hottest topic in tax authorities’ minds? Live reporting? VAT on digital services? E-invoicing. No! It’s a much more fundamental shift of tax reporting control from
IS ESF mandatory e-invoicing status and EEU updated The Central Asian republic Kazakhstan’s Ministry of Finance has provided updated rules, Order No.1321, from January 2024 on the Electronic Invoice Information System (IS ESF) e-invoicing portal. The changes cover three scenarios: New statuses for cancelled or
1st January 2025 B2B e-invoicing mandate – EC permission request Greece has applied to the European Commission for permission to mandate the use of B2B e-invoicing. It is hopeful of receiving a derogation from the VAT Directive by September in time for a 1 January
Final provinces join digital e-invoicing (e-fapiao) pilot All Chinese provinces have now launched their digitalise e-fapiao programmes. Last month, Anhui, Beijing, Guizhou, Hunan, Ningxia, Qinghai and Shandong joined the nation-wide trials which has started in 2021. Tibet, the final province, joined 1 December 2023. These
1 Jan 2024: micro businesses mandated in SdI e-invoicing All remaining businesses with a turnover not exceeding €25,000 per annum are included within the SdI e-invoicing obligations from 1 January 2024. Over the past two years, there has been a phased introduction for small businesses.
