- Rule 44 Proposal: The New Zealand Government Procurement Rules propose that public agencies handling over 2,000 domestic trade invoices annually must be equipped to process e-invoices and require large suppliers to submit them, aiming to streamline procurement processes.
- Public Consultation: A public consultation on the fifth edition of the Government Procurement Rules is ongoing and was open until April 8, 2025, allowing stakeholders to provide feedback on the proposed changes.
- Implementation Timeline: If adopted, the requirement for public agencies to process e-invoices and mandate large suppliers to submit them will take effect by January 1, 2026, enhancing efficiency in government procurement practices.
Source Pagero
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "New Zealand"
- GST Ruling: Commercial Dwelling Status and Input Tax Deductions for Accommodation Supply
- New Zealand Inland Revenue Seeks Feedback on Updated Shortfall Penalties Guidance by October 31
- New Zealand Mandates Electronic Invoicing for Public Agencies by 2026
- 2025 GST Reform: What’s Changing in New Zealand’s Tax Law
- New Zealand’s Aging Population: Tax System Reforms to Address Future Economic Challenges