The Australian Government (Department of Treasury) recently took initiative with the Business eInvoicing Right (BER) to push for the adoption of Business-to-Business (B2B) eInvoicing in Australia. Gradually, all companies will be able to request their trading partners to send them e-Invoices in the Peppol format. The objective of the BER initiative is to gradually introduce the obligatory use of e-Invoicing among Australian companies based on their size.
Following this consultation, the Government has invested a further $15.3 million to enhance the value of e-Invoicing for businesses and increase business awareness and adoption.
Source: edicomgroup.com
Latest Posts in "Australia"
- Understanding GST Exemptions, GST-Free, and Input Taxed Status for Australian Businesses
- GST Pricing Rules in Australia: When, Where, and How to Display GST-Inclusive Prices
- ATO Clarifies GST Rules for Power Industry: BPPAs, Gifted Assets, and Agency Arrangements
- Final GST Rules Clarified for Sunscreen Products: Ensure Correct GST Application When Selling
- Australia Enacts Treasury Laws Amendment 2025: New GST Reverse Charge Deduction Rules Effective July 2024
