- Accelerated E-Invoicing Mandates: Both Australia and New Zealand are advancing their e-invoicing programs, with Australia requiring all Non-Corporate Commonwealth Entities to process a significant percentage of invoices via Peppol by July 2026, and New Zealand mandating e-invoicing for agencies processing over 2,000 invoices annually starting January 2026.
- Strategic Importance for Multinationals: Despite their smaller market size, the aligned e-invoicing frameworks in Australia and New Zealand provide a unique opportunity for multinational companies to streamline compliance and leverage a consistent invoicing system across both countries, enhancing operational efficiency.
- Proactive Business Strategies: Businesses are encouraged to prioritize government contracts, use the region as a testing ground for global e-invoicing rollouts, focus on supplier enablement, and build scalable systems that go beyond mere compliance, positioning themselves advantageously as e-invoicing evolves.
Source Fabio Santoro
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Australia"
- Australia Publishes Updated Consolidated Text of New Tax System (GST) Act 1999, Effective Jan. 1
- OECD Urges Australia to Broaden and Raise GST for Fiscal Sustainability and Economic Growth
- OECD Urges Australia to Raise GST and Boost Affordable Housing to Address Budget Deficit
- GST Fraud, False Invoicing, and Gold Dealer Scams Top ATO’s Crime-Fighting Priorities
- Understanding GST Exemptions, GST-Free, and Input Taxed Status for Australian Businesses
