- Consultation Launch: The UK government has initiated a 12-week consultation to explore the standardization and broader adoption of e-invoicing across businesses and the public sector, led by HM Revenue and Customs (HMRC) and the Department for Business and Trade (DBT).
- Current Landscape and Benefits: While e-invoicing has been successfully implemented in various countries, enhancing efficiency and tax reporting accuracy, the UK lacks a standardized framework, with the exception of NHS suppliers using the PEPPOL network.
- Stakeholder Engagement: The consultation, open until May 7, 2025, seeks input from businesses of all sizes and industry groups to inform a strategy that fosters economic growth and tax compliance, with additional stakeholder engagement planned through forums and industry events.
Source SNI
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