The Australian Government is committed to delivering e-invoicing.
As part of the Digital Business Plan, the government has announcedExternal Link that:
- all Commonwealth Government agencies are mandated to adopt electronic invoicing by 1 July 2022
- it will consult on options for mandatory adoption of e-invoicing by businesses.
More information will be provided as it becomes available.
With over 1.2 billion invoices exchanged in Australia annually, savings to our economy are estimated to be $28 billion over 10 years.
Source: ATO
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