- UK E-Invoicing Initiative: On September 23, 2024, the UK government announced plans to encourage broader use of e-invoicing among businesses and government departments to reduce administrative burdens, enhance cash flow, boost productivity, and minimize tax filing errors.
- Upcoming Consultation: HMRC will initiate a consultation process to gather feedback on fostering investment in e-invoicing. The consultation date has not been specified, but businesses should prepare for potential mandatory e-invoicing.
- Digital Transformation Roadmap: HMRC will publish a Digital Transformation Roadmap in Spring 2025, outlining its strategy to become a “digital-first” organization, including provisions for digital inclusion and support for businesses not yet fully digital.
Source SNI
Click on the logo to visit the website
See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "United Kingdom"
- FTT Strikes Out VAT Appeal After HMRC Withdraws Assessments in Oriental Bu Trading Ltd Case
- FTT Grants HMRC’s Application to Strike Out Part of Scott Joseph Studio Ltd’s VAT Appeal
- FTT Refuses Late Appeal Against VAT Penalties in Choudhury v HMRC Due to Adviser Failings
- Supreme Court Rules VAT Chargeable on NHS Hospital Parking; No Special Legal Regime Applies
- FTT Rules Nutella Biscuits Not Partly Chocolate-Covered, Qualify for VAT Zero Rating


 
        		 
        	











