Australia is modernizing its financial systems with a focus on revising Peppol PINT. E-invoicing was introduced in 2019 to streamline business transactions. The recent revision of Peppol PINT aims to further streamline the invoicing process. Businesses will need to update their systems to comply with the new specifications, which may lead to cost savings. Embracing these changes can lead to a more efficient invoicing process for businesses.
Source VATit
Click on the logo to visit the website
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Australia"
- ATO Withdraws Practice Statement on GST Treatment of Government Agency Fees and Charges
- ATO Finalizes Waiver of Tax Invoice Requirement for Direct Entry Services in 2025
- Addendum to GST Determination on Interconnection Services Supplies by Australian Telecom Providers
- ATO Issues Alert on False Invoicing and Fraudulent GST Credit Claims
- ATO Releases Updated Guide for GST Analytical Tool for Top 1000 Taxpayers
