- The Netherlands risks falling behind in implementing the European directive VAT in the Digital Age (VIDA), which mandates electronic invoicing for cross-border B2B transactions starting July 1, 2030. While countries like Italy, Spain, Belgium, Germany, and France are already moving towards mandatory e-invoicing for domestic transactions, the Netherlands remains hesitant. Software providers have urged the government to adopt domestic e-invoicing to avoid inefficiencies and increased administrative burdens. The benefits include standardized processes, reduced manual work, improved data quality, and more accurate VAT filings. The Dutch government is cautious due to concerns about regulatory pressure on SMEs but acknowledges potential efficiency gains. The decision on mandatory e-invoicing will consider the preferences of businesses and service providers.
Source: fiscaalvanmorgen.nl
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.
