Oct 2024 B2B e-invoicing mandatory launch now missed following voluntary phase April 2024 Draft plans to introduce mandatory B2B e-invoicing in the Gulf state of Oman this autumn now appear on hold. The plans were originally announced via the the Tax Authority update to VAT
July 2024: implementation of digital invoice and record keeping phased launch The implementation of the Danish Bookkeeping Act main digital requirements is now underway. Under the 2022 Danish Bookkeeping Act, Danish resident businesses are mandated to record and store their accounting records on approved accounting
ViDA Pillar 1, Intra-community EU Digital Reporting Requirement & e-invoicing 2030; full EU and domestic harmonisation 2035 As part of the EU ViDA reforms, EU Finance Ministers gave political agreement to Pillar 1, Digital Reporting in May 2024. One of the other pillars, Pillar 3,
SARS considers e-invoicing / digital VAT transaction reporting with pre-filled returns The South African Revenue Service (SARS) is expected to shortly conclude on its plans to implement e-invoicing and digital reporting. This is likely to be based on a PEPPOL framework. In September 2023, SARS
Unified Revenue Service rolls out e-billing regime by Dec 2024 The Botswana 2024/25 budget has confirmed the implementation of a mandatory e-invoicing (‘e-billing’) regime by December 2024. This will include online tax filing systems, online customs declarations, and electronic payment (electronic funds transfer). The Unified Revenue
Phased rollout of pre-clearance Electronic Billing System from May 2024 The Mauritius Revenue Authority (MRA) has confirmed the introduction of mandatory e-invoicing for businesses operating based on a Continuous Transaction Controls CTC model. The first, large tax payers, RS 100m turnover, will be expected to
Australia 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 agreed
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
ETTN portal extending to all live reporting of electronic invoices The State Tax Service of the Central Asian state of Kyrgyzstan has confirmed that all businesses will have to adopted the Electronic Invoice Note system (ETTN) from May 2023. It has already been in place
