The UK Tax Authority (HMRC) and the Department for Business and Trade (DBT) have launched a joint consultation on e-invoicing, inviting input from businesses, industry bodies, interest groups, and individuals. The consultation, open until May 7, 2025, seeks to explore how e-invoicing can better support businesses and whether its use should become mandatory.
What’s under review?
The UK government is gathering feedback on:
· Different models of e-invoicing
· Whether adoption should be mandatory or voluntary
· The potential scope of a mandate
· Integration with real-time digital reporting
James Murray, Exchequer Secretary to the Treasury said, “As part of the Prime Minister’s Plan for Change, we have begun our work to transform the UK’s tax system into one that is focused on helping businesses and the economy to grow. E-invoicing simplifies processes, reduces errors and helps businesses to get paid faster. By cutting paperwork and freeing up valuable time and money, it will help improve firms’ productivity and their ability to grow and succeed.”
For more on the key areas of focus, read our news story here.
For more details and to respond to the consultation visit the UK Government website here.
The consultation, open until May 7, 2025
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