Botswana will implement an electronic VAT invoicing solution by March 2026. The solution aims to improve revenue collection efficiency. It will enable real-time tracking of VAT transactions. The project benefits both...
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Costa Rica Extends E-Invoicing Deadline to September 2025
Costa Rica extended the deadline for e-invoice changes to September 1, 2025. The deadline was originally set for February 11, 2025. The changes include new definitions for electronic and provisional receipts, exceptions...
7 months ago
Dominican Republic Offers Tax Credit for E-Invoicing Implementation
Dominican Republic issued a notice regarding a tax credit for e-invoicing implementation. The tax credit is applicable to various tax obligations in the same fiscal year. The maximum limit for the tax credit is 2...
7 months ago
E-Invoicing in the Netherlands: What it Means for Accountants
E-invoicing is a new way of sending and receiving invoices in a digital and standardized format. It uses secure networks like Peppol to automatically process invoice data. E-invoicing is becoming mandatory in Europe due...
7 months ago
VAT Registry Access Issues: Temporary Technical Problems
There are problems accessing the list of VAT registered entities. The Ministry of Finance informs that on February 13, 2025, there may be temporary technical problems accessing the list of VAT registered entities...
7 months ago
UK E-Invoicing Consultation: Mandated or Voluntary?
HMRC and the Department for Business and Trade published a UK e-invoicing consultation paper. E-invoicing is the digital exchange of invoice information between buyers and suppliers financial systems. The government...
7 months ago
Dominican Republic Tax Credit for e-Invoicing Implementation
Dominican Republic offers a tax credit for large taxpayers who implement e-invoicing during the voluntary period. The credit can be applied to income tax, ITBIS, income tax, and asset tax. The maximum credit is...
7 months ago
Botswana Budget 2025: Expanding VAT and Digital Trade
The Botswanan Ministry of Finance and Economic Development posted the 2025 budget speech online. The speech outlines measures to broaden the VAT base by introducing VAT on digital trade by September. The speech also...
7 months ago
Belgium Mandates Electronic Invoicing and Reporting in 2026
Mandatory e-invoicing: From January 1, 2026, Belgian resident businesses (including VAT fixed establishments) must issue structured electronic invoices (e-invoices). Scope: Applies to B2B transactions where: The supply...
7 months ago
Webinar Mathez Compliance – Electronic invoicing: how to bring your company into compliance? (Feb 18)
REGISTER HERE The reform of electronic invoicing has begun and will transform the practices of all companies, regardless of their size and activity. Are you ready to face these new obligations? The aim of this webinar...
7 months ago
E-Invoicing & E-Reporting developments in the news in week 7/2025
New LinkedIn Group: Global E-Invoicing & Real Time Reporting developments Click HERE for the PODCAST version discussing ”E-Invoicing & E-Reporting developments in the news in week 7/2025” Follow the latest...
7 months ago
Global E-Invoicing Developments for 2025
E-Invoicing Adoption Trends: As of 2025, many countries are implementing or planning to mandate e-invoicing to enhance tax compliance, reduce fraud, and streamline business processes. Notable countries like Belgium...
7 months ago
E-invoicing solution set to transform tax compliance in Botswana by March 2026
Electronic Invoicing Initiative: The Minister of Finance and Economic Development highlighted the implementation of an electronic invoicing solution as a pivotal initiative in the 2025/2026 Budget Speech, aimed at...
7 months ago
Public hearing announced for Fiscalization Law in Bosnia and Herzegovina
Public Hearing Period: From January 1 to March 1, 2025, the Federal Ministry of Finance of Bosnia and Herzegovina is conducting a public hearing on the Draft Law on Fiscalization of Transactions, inviting the public to...
7 months ago
UK Government Launches Consultation on e-Invoicing: A Step Toward Digital Efficiency
Public Consultation Initiative: On February 13, 2025, the UK Government initiated a public consultation to accelerate the adoption of electronic invoicing (e-Invoicing) across businesses and the public sector, aligning...
7 months ago
Pakistan’s Digital Tax Evolution: The e-Invoicing Notification That Will Reshape Compliance
Implementation of E-Invoicing Regulations: The Federal Board of Revenue (FBR) has launched SRO 69(I)/2025, mandating e-invoicing and real-time compliance for businesses. Key requirements include the use of licensed...
7 months ago
EU Parliament Advances ViDA Reforms, Final Ratification Expected by March 2025
Approval of ViDA Package: On February 12, 2025, the EU Parliament approved the VAT in the Digital Age (ViDA) package, following a political agreement among member states. This package aims to modernize the VAT system by...
7 months ago
How Electronic Invoicing Works in Argentina
The electronic invoice is mandatory in Argentina for all taxpayers, including self-employed workers. There are different types of electronic invoices, also called electronic receipts, depending on the tax status of both...
7 months ago
VAT Developments to Watch for in 2025
Anticipated VAT changes for 2025 signify a pivotal year for tax accounting systems, blending modernisation with increasing complexity. VAT registered organisations should prepare for evolving VAT compliance demands...
7 months ago
UK Launches Public Consultation on E-Invoicing
Consultation Timeline Open from: February 13, 2025 – May 7, 2025 Public Consultation on E-Invoicing: The UK government has initiated a public consultation from February 13, 2025, to May 7, 2025, to explore the...
7 months ago
Egypt is Expanding its E-Receipt Mandate for B2C Transactions
The Egyptian Tax Authority (ETA) has announced that the sixth wave of taxpayers, designated under Resolution No. 405/2024, must comply with the e-receipt mandate.
Source: SNI
7 months ago
Bahrain VAT E-Invoicing 2025 Potential Launch
The Bahraini tax authority, The National Bureau for Revenue (NBR), is completing the design and build of a nation-wide B2B electronic invoicing system. This includes the design of IT architecture cybersecurity, project...
7 months ago
7 months ago
Denmark Updates OIOUBL E-Invoicing Standard: New Schematron Version 1.15 RC Released for Testing
The Danish Business Authority has released OIOUBL Schematron 1.15 (RC) for OIOUBL 2.1, introducing stricter VAT validation rules to improve e-invoicing accuracy.
Source: www.fiscal-requirements.com
7 months ago
The Philippines Advances Electronic Invoicing System
The Philippines Bureau of Internal Revenue (BIR) is implementing an Electronic Invoicing System (EIS) initially targeting the top 100 taxpayers to streamline tax reporting and improve compliance. Source: www.fiscal...
7 months ago
EU Parliament Approves VAT Reforms to Modernise Taxation in the Digital Age
On February 4, 2025, the European Parliament approved significant updates to the Value Added Tax (VAT) regulations, aiming to modernise the system in line with the evolving digital economy.
Source: innovatetax.com
7 months ago
E-invoicing Public Consultation Published
Initiation of Consultation: HM Revenue & Customs (HMRC) and the Department for Business & Trade have launched a public consultation aimed at promoting electronic invoicing across UK businesses and the public...
7 months ago
Government Seeks Views on E-Invoicing
The government has launched a consultation to gather views on standardising e-invoicing, and how to encourage UK businesses and government departments to adopt it.
Source: www.icaew.com
7 months ago
