VATupdate

Share this post on

Transforming Government Invoicing: The Peppol Framework in Australia

  • Australia and New Zealand have created the “Australia and New Zealand Government Electronic Invoicing Arrangement” for e-invoicing
  • E-invoicing is mandatory for all Australian Government agencies since July 2022
  • $23.3 million allocated by Australian government for secure e-invoicing network
  • B2B e-invoicing still being discussed and encouraged by government
  • Australian Peppol Authority (ATO) defines Peppol standards and approves access points
  • Companies can register for e-invoicing through Peppol network
  • E-invoices must contain specific information and be archived for 5 years
  • States and Territories have specific e-invoicing implementations since July 1st, 2022.

Source: tiekinetix.com

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.

Sponsors:

VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner