Have your say on e-invoicing

The government is seeking views on the standardisation of electronic invoicing. Why, and how can you join the consultation?

Have your say on e-invoicing

E-invoicing refers to digitally generated invoices between suppliers and customers. This is more involved than, say, generating a PDF from a manually typed document, and would usually be initiated via the accounting/bookkeeping software. The government is looking at the possibility of standardising e-invoicing, and has launched a consultation that will run until 7 May 2025. The stated aim of the consultation is to gather views - there are no planned short-term changes - and will cover the following areas:

  • different models of e-invoicing
  • whether to take a mandated or voluntary approach to e-invoicing
  • what scope of mandate might be most appropriate in the UK and for businesses
  • whether e-invoicing should be complemented by real time digital reporting.

Standardisation would mean the requirements for e-invoicing would need to be harmonised by common requirements. Currently, it may be possible to use e-invoicing for some suppliers/customers but not others due to differences between systems used. To submit your views, use the link above.

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Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.

Chartered Accountants in Ireland (ICAI)