- South Africa is moving towards mandatory electronic invoicing with a draft law introduced in 2025.
- The draft law includes definitions for electronic invoices and reports and proposes an interoperability framework.
- A public consultation period was held, and a final bill is expected in 2026.
- SARS plans another consultation on technical standards and interoperability by the end of 2025.
- SARS is also considering a Continuous Transaction Control model for real-time tax compliance.
Source: edicomgroup.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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