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New Zealand Introduces Enhanced E-Invoicing Rules for Public Sector

  • New Zealand Government published additional e-invoicing rules
  • Rules released by the Ministry of Business, Innovation and Employment on 18th November 2024
  • New rules set payment deadlines at 5 business days for e-invoices and 10 business days for regular invoices
  • MBIE conducting consultations with government suppliers and business community about mandatory e-invoices for government billing
  • Results of consultations to be reported to Cabinet by February 2025
  • Interest in e-invoicing among New Zealand businesses is increasing
  • Number of businesses registered to receive e-invoices rose from 23,000 in October to over 50,000 in November
  • Increase noted in large businesses sending e-invoices

Source: p2pnetwork.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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