UK E-Invoicing Mandate: Predictions on Timing, Approach and Model

Like any laggard, the UK is enjoying the benefits of "going last." As the European Union steps further into its block-wide ViDA directive, and Germany, Belgium and Poland follow Italy, Spain, Hungary and Romania into country-wide mandates, the UK has the luxury of stepping back and learning from all their missteps and best practices.

Countries across the globe are deploying mandated e-invoicing so governments can close their respective VAT gaps. Since going live, Brazil has recouped $58 billion in VAT, Chile has closed its gap by 50%, and Italy has increased VAT collection by €2.9 billion since 2019. Given that the UK has a VAT Gap of £9.5 billion (2024 figures), it's likely to be thinking very hard about what its e-invoicing future looks like. 

Watch this webinar, as we investigate possible: 

• Models - would the UK opt for a decentralized or centralized approach?
• Formats - would the UK use Peppol or another format?
• Approach - would small suppliers be excluded? Would the approach be Big Bang (like Belgium) or phased (like France)? And the implications of both.
• Timings - given what we know, when might the UK go live?

Watch the webinar.