- IRAS seeking comments on draft e-Tax Guide for adopting InvoiceNow requirements
- Public consultation launched on 12 June 2024, closes on 11 July 2024
- Singapore to use PEPPOL peer-to-peer transmission process for e-invoices
- InvoiceNow platform to send transaction listings to tax authority
- Implementation of InvoiceNow requirements in stages for applicable GST registrants
- Existing GST-registered businesses can volunteer to use scheme from 1 May 2025
- Newly incorporated companies registering for GST voluntarily from 1 November 2025
- All new voluntary GST registrants from 1 April 2026
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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