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October TaxTech Updates

SNI software solution is compatible with all e-Invoicing regulations and is a Peppol Access Point. Here are the recent updates from SNI Blog in October:

  • Israel: The Israeli Tax Authority has postponed the mandatory e-Invoicing schedule from January 1, 2024, to April 1, 2024, due to the ongoing state of war.
  • Malaysia: The Malaysian government has announced a revised e-Invoicing timeline in the 2024 Budget. The implementation will start from August 1, 2024, for taxpayers with annual income or sales exceeding RM100 million.
  • France: The French tax authority has proposed a change to the Finance Bill of 2024, suggesting that the implementation of the French e-Invoicing and e-Reporting requirement will begin on September 1, 2026.
  • Ireland: The Revenue Commissioners in Ireland have initiated a Public Consultation to modernize Ireland’s VAT Invoicing and Reporting System.
  • Belgium: The Belgian Council of Ministers has approved a new draft of legislation for the mandatory adoption of B2B e-Invoicing. \
  • Malaysia’s Inland Revenue Board is preparing for the mandatory implementation of B2B VAT e-Invoicing in June 2024.

Source SNI


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