- Ireland’s new e-invoicing regime will follow the EU’s EN 16931 standard and use the PEPPOL network with a five-corner model.
- Invoices will be exchanged in structured XML format via accredited PEPPOL Access Points, enabling secure, automated, and real-time data processing and reporting.
- This shift allows Revenue to receive transaction-level data directly, reducing reliance on periodic VAT returns.
- Businesses must upgrade ERP systems, integrate with PEPPOL, and review master data and VAT logic.
- Support is available through readiness workshops, vendor selection, and end-to-end implementation services to ensure smooth compliance and minimal disruption.
Source: fiscal-requirements.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.
Latest Posts in "Ireland"
- Government in Talks with EU on Fuel VAT Rates Amid Calls for Relief for Households and Businesses
- Conference Urges Removal of VAT on Wool Products to Boost Sustainability and Rural Livelihoods
- Irish Revenue Updates VAT Fraud Guide: Key Risk Indicators and Due Diligence for Businesses
- Updated Guide Highlights Key VAT Fraud Risk Indicators and Due Diligence for Businesses
- VAT Modernisation: Implementation of eInvoicing in Ireland
