- The UK government is rolling out a nationwide e-invoicing initiative as part of its Digital Transformation Roadmap, with full implementation expected by spring 2025. The initiative aims to simplify invoicing processes, reduce errors, and combat tax evasion.
- A public consultation will be launched soon to gather feedback from businesses on the best approaches for implementing e-invoicing, ensuring a smooth transition to the new system for both private companies and government departments.
- This e-invoicing initiative is a key strategy to narrow the tax gap and improve compliance, ultimately leading to increased efficiency and reduced administrative burdens for businesses.
Source Comarch
Click on the logo to visit the website
