New Zealand’s e-Invoicing journey started with the joint announcement of the governments of Australia and New Zealand on the adoption of the PEPPOL standard for the Trans-Tasman Electronic Invoicing Framework in February 2019. To enable more effective implementation of e-Invoices, PEPPOL authorities have been established in both countries. The Ministry of Business, Innovation, and Employment (MBIE) in New Zealand is overseeing the process. By digitizing the invoicing system, the New Zealand government aims to save $4.4 billion over ten years and intends for 90% of B2G transactions to be conducted through e-Invoices by July 2026.
- 1. Is e-Invoicing mandatory in New Zealand?
- 2.What are the e-Invoicing requirements in New Zealand?
- 3.Will there be a digital signature for the invoices and what is the format?
- 4.Will there be an archiving period for the invoices?
- 5.What are the expected benefits for taxpayers of implementing e-Invoicing?
Source SNI
See also Fasten the seatbelts for the Upcoming E-Invoicing implementations in Asia
