- The UK will require all VAT-registered businesses to use e-invoicing for B2B and B2G transactions by 2029.
- The system will be decentralised and interoperable, allowing businesses to choose from various software providers following common UK standards.
- Real-time reporting (RTR) will not be introduced in 2029 but may be considered in the future.
- Key milestones: stakeholder engagement starts January 2026, implementation roadmap published at Budget 2026, mandatory e-invoicing from 2029.
- The mandate aims to improve efficiency, reduce late payments, support SMEs, and strengthen tax compliance.
Source: marosavat.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.
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