Tax People Aren’t Boring: Journey through Tax, Technology, and African Safaris with Geoff Peck. In this episode of Tax People Aren’t Boring, Geoff joins us to delve into his extensive career in the tax...
All Technology Posts
Transitioning from Manual to Electronic Invoicing: Challenges and Opportunities for Full Implementation
Automation is more efficient for business transactions, including tax reporting. The nation is not fully ready for complete electronic invoicing implementation. Discussion held on the full implementation of electronic...
5 months ago
EU Finance Ministers Discuss Customs Reform, Tax Achievements, and Future Legislative Proposals Under Polish Presidency
EU Finance Ministers met in Luxembourg under the Polish Presidency of the EU Council. Polish Presidency presented progress on the Customs reform package. Ministers supported a timely agreement on the new framework. Aim...
5 months ago
France Introduces XP Z12-014 Standard to Enhance B2B E-Invoicing Reform
France introduced the XP Z12-014 standard for B2B e-invoicing reform on June 13, 2025. Developed by AFNOR and FNFE-MPE, it provides clarity and guidance for businesses and PDPs. XP Z12-014 outlines e-invoicing roles...
5 months ago
Verifactu in Spain: Key Compliance Guide for New Certified Billing Obligation by 2026
Spain introduced a certified billing obligation called Verifactu Resident taxpayers not using SII must comply by January or July 2026 Verifactu sets requirements for electronic invoicing systems Legal entities must...
5 months ago
Kenya Revenue Authority Aims to Boost VAT as Top Tax Source Through Digital Reforms
Kenya Revenue Authority aims to make VAT the leading tax source through digital reforms eTIMS platform has improved VAT compliance and reduced fraud eTIMS allows real-time transaction monitoring and automated...
5 months ago
VAT Deduction Uncertainty for Invoices Outside KSeF: Challenges for Micro-Enterprises and Buyers
Concerns exist about VAT deduction from invoices issued outside KSeF Temporary exemption for micro-entrepreneurs should be clearly defined Government project does not resolve VAT deduction doubts for non-KSeF invoices...
5 months ago
Improvements Needed in the National e-Invoicing System
Poland’s National e-Invoicing System (KSeF) rollout was delayed and phased due to stakeholder feedback, with large taxpayers joining in February 2026 and others by April 2026. Digitally excluded taxpayers with low...
5 months ago
Getting Paid on Time Starts with Smarter E-invoicing
Transforming Invoicing into a Strategic Asset: Invoicing is evolving from a routine administrative task to a strategic function, with e-invoicing enabling automation, transparency, and improved control. This transition...
5 months ago
E-Invoicing & E-Reporting developments in the news in week 25/2025
Podcasts on E-Invoicing & E-Reporting mandates on Spotify Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time Reporting and ViDA...
5 months ago
Polish Government Approves e-Invoice System Bill: Remaining Concerns and Uncertainties
The Council of Ministers adopted the draft law for the National e-Invoice System (KSeF) in a mandatory format, moving the legislative process to its final stage. The obligation to issue invoices in KSeF will start in...
5 months ago
Malaysia Implements PINT-MY Billing for E-Invoicing to Enhance Tax Compliance and Digital Adoption
Malaysia adopts PINT-MY Billing for e-invoicing, based on UBL 2.1 XML format Guidelines set for B2B and B2G invoicing via MyInvois platform Supports automation and tax compliance with defined business roles and tax...
5 months ago
Romania Enforces Mandatory B2C E-Invoicing with Penalties Starting July 2025
Starting January 1, 2025, Romanian economic operators must use the RO e-Invoice system for B2C invoices. This requirement applies to all, regardless of VAT registration status. A grace period for adaptation was provided...
5 months ago
Latvia Sets New Deadlines for Mandatory B2B E-Invoicing and Data Reporting
Latvian Parliament approved new deadlines for e-invoicing mandates. Revised draft law No. 967/Lp14 was adopted. January 1, 2026: Mandatory e-invoice data reporting for B2G and G2G transactions. January 1, 2028:...
5 months ago
Polish E-invoicing System (KSeF) to Transform Invoicing for Domestic and Foreign Companies by 2026
Polish E-invoicing System KSeF will be implemented in Poland on February 1st or April 1st, 2026 It will affect Polish companies, foreign companies registered for VAT in Poland, and foreign companies with a fixed...
5 months ago
E- Invoicing in Czech Republic
E-Invoicing Mandates: There is no mandatory requirement for Business-to-Government (B2G), Business-to-Business (B2B), or Business-to-Consumer (B2C) electronic invoicing in the Czech Republic. However, public contracting...
5 months ago
From July 1, Hefty Fines for VAT Record Errors in Electronic Invoicing System
From 1 July, fines up to two million dinars will be imposed for errors in VAT records. The Ministry of Finance previously allowed leniency for technical errors in VAT records. From 1 July, inaccuracies in electronic...
5 months ago
EAC Urged to Embrace Digital VAT Systems for Enhanced Compliance and Revenue Efficiency
EAC member states are encouraged to digitalize VAT systems for better compliance and efficiency. VAT is crucial for African economies but faces challenges like compliance gaps and administrative inefficiencies. Dr...
5 months ago
Latvia Postpones Mandatory B2B e-Invoicing to 2028 Following Accounting Law Amendments
Latvia delays mandatory e-invoicing for B2B transactions to 2028 Amendments to the Accounting Law were published on 11 June 2025 The implementation date in paragraph 8 is changed from 2026 to 2028 Companies must...
5 months ago
Nigeria Introduces Merchant Buyer Solution to Transform Tax Administration with E-Invoicing System
Nigeria is introducing the Merchant Buyer Solution (MBS) to transform tax administration. MBS is an electronic invoicing system led by the Federal Inland Revenue Service. Announced in November 2024, it aims to improve...
5 months ago
VAT Data Analytics and Inspections to Prevent Profiteering During Euro Transition
The National Revenue Agency is using VAT data analytics to detect and prevent unfair profiteering during the currency changeover. Businesses attempting to raise prices under the euro transition will be scrutinized. Tax...
5 months ago
Latvia Proposes Mandatory E-Invoicing Aligned with EU Standards, Seeks Public Input
Latvia is consulting on a draft law for mandatory e-invoicing as of 17 June 2025 The draft aligns with EU digital reporting standards It sets technical requirements, submission procedures, and a phased implementation...
5 months ago
Poland Approves Mandatory E-Invoicing Bill to Simplify Tax System and Reduce Fraud
The Polish government approved a bill for mandatory e-invoicing through the National e-Invoicing System (KSeF). The bill aims to simplify document circulation, ease invoice handling, and reduce tax fraud. The draft law...
5 months ago
Poland Approves VAT Law Amendments for National E-Invoicing System Implementation by 2026
Polish government approved amendments to VAT law for national e-invoicing system KSeF KSeF is an electronic platform for issuing, receiving, and storing e-invoices Aims to reduce administrative burdens, increase...
5 months ago
Polish Government Approves Bill for National e-Invoice System Implementation, Aiming for Tax System Digitization
The government approved a bill regarding the National e-Invoice System on June 17. The bill confirms key proposals for issuing e-invoices as requested by businesses. Next steps include publishing technical...
5 months ago
Comprehensive Guide to Croatia’s Fiscalization 2.0: E-Invoicing, Compliance, and Implementation
Subjects required to perform fiscalization and e-invoicing Scope and applicability of the new fiscal law including B2C and B2B transactions Technical infrastructure including AMS, FiskApplication, and MICROeINVOICE...
5 months ago
Turkey’s Advanced E-Invoicing System: Features, Compliance, and Impact on Tax Administration
Turkey’s e-invoicing system uses the UBL-TR format for all transactions Invoices must be digitally signed with financial seals Businesses with high turnover and certain sectors must use e-invoicing E-invoices are...
5 months ago
Exemptions from Poland’s Mandatory e-Invoicing System (KSeF) in 2026: Key Industries and Transactions
Poland’s National e-Invoice System (KSeF) becomes mandatory on 1 February 2026 Exemptions apply to industries where e-invoicing is impractical Exempt industries include transport, financial services, and certain...
5 months ago
