NBR panel suggests e-invoicing for VAT to establish transparency in tax collection Implementation of automated chalan in VAT collection will save time and reduce errors Committee formed to strengthen automation process...
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Slovakia’s Mandatory B2B E-Invoicing: Updates and Roadmap for VAT Compliance by 2027
Slovakia introduced mandatory B2G e-invoicing in 2022 Slovakian government plans to implement mandatory B2B e-invoicing Ministry of Finance released documents for public consultation until January 31, 2025 Mandatory B2B...
Chatbots Failure: Impact on Taxpayers and Advisers Revealed by Recent Reports
Reports show chatbots used by HMRC are working less than 50% of the time Resolution rate is only 21% even after connection is established Moving services online has caused significant issues for taxpayers and advisers...
Belgium to Implement New CTC E-Reporting Mandate by 2028: What You Need to Know
Italian Revenue Agency announced updates to e-invoicing technical specifications Updated documentation to version 1.9 effective from April 1, 2025 Changes include introduction of Document Type “TD29” for...
Measures to Impact Climate, Consumption, and Combat Fraud in Indirect Taxes: Agreed VAT and Excise Duty Changes
Measures in indirect taxes aim to impact climate, consumption, simplify formalities, and combat fraud Changes in VAT rates include reductions for heat pumps, extensions for demolition and reconstruction, and increases...
India’s Path to Mandatory B2C E-Invoicing by 2026-27: A Game-Changer for Tax Compliance
India plans to launch B2C e-invoicing with a voluntary pilot in 2024-25 Full rollout expected by 2026-27 if successful Businesses will generate and upload invoices to the Invoice Registration Portal for validation...
Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in January 2025
For the Podcast version on SPOTIFY, click HERE The Overviews Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological Timeline of B2B E-Invoicing & E-Reporting mandates in the European...
Singapore to Begin Phased Rollout of E-Invoice Reporting via InvoiceNow in May 2025
The Inland Revenue Authority of Singapore (IRAS) has announced a phased voluntary rollout of e-invoice data reporting via the InvoiceNow network. Starting May 1, 2025, GST-registered businesses can adopt it voluntarily...
Introduction of Fiscalization 2.0 and E-Invoicing in Croatia
Introduction of E-Invoicing for VAT Reporting: The Croatian government will implement the “Fiscalization 2.0” tax package next year, requiring e-invoicing as the primary reporting system for VAT, expanding...
ZATCA Determines Criteria for Selecting Taxpayers for 20th Wave of E-Invoicing Integration
ZATCA has recently issued a circular outlining the criteria for selection of taxpayers for the 20th wave of implementation of the e-invoicing integration phase. Taxpayers with taxable revenues exceeding SAR 1.5 million...
E-Commerce News February 2025
Quick-fire VAT and Ecommerce news from around the world to help you stay up-to-date with the market. Changes for Europe in 2025 A lot changed on January 1st, but there’s more in the pipeline you should be aware of. EU...
Chile Requires Physical Copies of VAT E-Invoices for Sales and Services from 2025
Obligation to Provide Printed or Virtual Receipts: The resolution mandates that businesses must provide either a printed or virtual representation of electronic sales receipts and payment vouchers for transactions...
Italy Further Extends Pre-Filled VAT Returns Pilot
Extension of Pre-Filled VAT Declarations: The Italian tax agency has extended a pilot program for pre-filling VAT declarations using electronic invoice data. Expanded Transaction Data Listing: The program now lists...
SNI Webinar – e-Invoicing and Digital Reporting: A Global Perspective for the First Half of 2025 (Feb 4)
Register HERE Date & Time: Feb 4, 2025 02:00 PM in Brussels Description Join us for e-Invoicing and Digital Reporting: A Global Perspective for the First Half of 2025 We will be covering the following: About SNI...
ZATCA Urges Taxpayers to Benefit from Fines Cancellation, Penalties Exemption Initiative
The Zakat, Tax and Customs Authority (ZATCA) has urged all taxpayers to take advantage of the cancellation of fines and exemption of penalties initiative, available until June 30, 2025. ZATCA clarified that the...
Belgian VAT Reforms 2025: Coalition Agreement Introduces Significant Changes for Various Sectors
Near Real-Time Reporting and E-Invoicing: From 2028, near real-time reporting for invoicing and expanded use of registered cash register systems (GKS) will be implemented to reduce administrative burdens and prevent...
The Netherlands Embraces Real-Time Taxation: Revolutionizing VAT Payments for Businesses
The Dutch Tax Authorities are exploring real-time taxation for VAT payments The system automatically calculates and transfers VAT at the moment of payment This eliminates the need for quarterly filings and aims to...
Croatia’s Fiskalizacija 2.0: Mandatory B2B E-Invoicing Launch in 2026 for Tax Compliance
Croatia to launch Fiskalizacija 2.0 in 2026, mandating B2B e-invoicing A free app called “FiskAplikacija” will be developed to support businesses The system will require real-time reporting to the...
Tax authorities reevaluate fixed establishments in Poland, impacting VAT settlements and e-invoicing compliance.
Polish tax authorities have changed their approach to recognizing fixed establishments (FEs) Taxpayers with recognized FEs in Poland have been informed that no FE exists Tax authorities refer to CJEU case law and set...
Norway’s Plan for Mandatory E-Invoicing and Digital Bookkeeping: A Review of Options for Implementation
Norwegian Ministry of Finance and Skatteetaten studying e-invoicing for B2B transactions Directorate of Taxes to present report by mid-June 2025 Electronic invoicing mandatory for B2G transactions since 2019 Extending...
Electronic Invoicing Trends in Finland: A Look at B2B and B2G Sectors by 2025
Electronic invoicing is widespread in Finland B2G sector has been using electronic invoicing since 2010 Government only accepts electronic invoices meeting national European standard Invoices must be validated through...
B2B Integration Insights 2025: Expert Forecasts and Industry Trends
Expert Forecasts and Predictions The publication includes insights, tips, and predictions from respected industry experts on the future of B2B integration, providing valuable foresight into upcoming trends and...
E-invoicing: new version of the technical specifications
Version 1.9 of the technical specifications, which will apply starting April 1, 2025, was published on January 31, 2025. The following changes and updates have been introduced: New Document Type and Updates: TD29...
Peppol Certified Service Providers
Peppol (Pan-European Public Procurement On-Line) is a network that enables businesses to exchange electronic documents (like invoices) with government agencies and other businesses across Europe and beyond. The terms...
Pakistan Implements New Electronic Invoicing Mandate for Taxpayers Effective Feb. 3, 2025
Mandatory Electronic Linkage: All registered persons must electronically link their electronic fiscal devices with the Federal Board of Revenue (FBR) and report this linkage through the online platform. Electronic...
Croatian Ministry of Finance Unveils ‘Fiscalization 2.0’ VAT Package for 2026 Implementation
Croatian Ministry of Finance introducing new VAT package “Fiskalizacija 2.0” New system will digitalize VAT system, simplify tax collection, reduce administrative burdens System to include e-invoices...
Kazakhstan Finance Ministry Launches Pilot Project for Electronic VAT Invoicing in Public Procurement
Kazakhstan’s Finance Ministry has launched a pilot project for public procurement contracts in the Electronic VAT Invoice System Participation in the project is voluntary and applies to suppliers, subcontractors...
Hungary Delays Mandatory E-Invoicing for Energy Sector to July 2025
Lithuania proposes further VAT rule amendments for small businesses Ministry of Finance refines previous proposals on VAT Law Amendments include expansion of special scheme for small enterprises Changes to place of...