On 23 September 2024, the head of His Majesty’s Treasury announced a package of reforms aimed at improving the United Kingdom’s tax system, which includes launching a public consultation on electronic invoicing.
The consultation will be conducted by His Majesty’s Revenue and Customs (HMRC). While no specific framework has been provided, the authorities aim to gather input from businesses on how to support and encourage the widespread adoption of e-invoicing in the country.
The date for the consultation launch has yet to be published.
Source Sovos
Click on the logo to visit the website
See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "United Kingdom"
- UK May Cut VAT on Public EV Charging to Offset Pay-Per-Mile Scheme and Boost Adoption
- UK May Cut VAT on Public EV Charging to 5% to Match Home Rates and Boost Adoption
- UK Overhauls VAT Grouping Rules to Attract Global Investment and Reclaim Overpaid VAT
- Supreme Court Rules VAT on Share Sale Costs Not Recoverable Despite Fundraising Purpose
- PFI Expiry: Managing VAT and Partial Exemption Risks at Asset Handback for Local Authorities















