Welcome to this week’s edition of the VATupdate.com newsletter, where we bring you the latest on E-invoicing, VAT compliance, fiscalization, and the technology. AFRICA African customs authorities across...
All Technology Posts
South Africa Introduces Legal Framework for E-Invoicing and E-Reporting Under VAT Act
South Africa enacted the Tax Administration Laws Amendment Act, 2026, creating a legal framework for e-invoicing and voluntary e-reporting under the VAT Act. The Act defines e-invoice, e-debit note, e-credit note, and e...
1 month ago
CREATE Framework: Crafting Effective AI Prompts for Tax and Accounting Professionals
The CREATE framework is a six-step system for crafting precise AI prompts tailored to tax and accounting professionals. CREATE stands for Character, Request, Examples, Adjustments, Type of output, and Extras, each...
1 month ago
SII Director and Huechuraba Mayor Present Progress on New Law for Open-Air Markets
The new law allows market vendors to opt for a special tax regime, paying a 1.5% substitute tax on total sales instead of the usual 19% VAT, if they register with the SII. In Huechuraba, 194 out of 364 licensed vendors...
1 month ago
Is There a Limit to the Number of Corrective Invoices Issued in KSeF?
There is no upper limit to the number of corrective invoices (faktury korygujące) that can be issued in KSeF for a single original invoice. Each correction must be a structured invoice, reference the original KSeF...
1 month ago
Poland’s VAT Invoicing: KSeF Transition and NIP Requirements Effective January 2027
Contractors’ Tax Identification Numbers (NIP) must be recorded in VAT registers. Fiscal receipts with NIP can serve as simplified invoices until December 31, 2026. From January 1, 2027, all simplified invoices...
1 month ago
It’s a wrap: Turning E‑Invoicing and E‑Reporting Mandates into Business Opportunities
The Episodes Blog Part 1: How CFOs Should Prepare for E-Invoicing & Digital Reporting Mandates – VATupdate Blog Part 2: Where CFOs Underestimate ViDA Risk: Operational, Financial and Governance Pitfalls – VATupdate...
1 month ago
E‑Invoicing & E‑Reporting Explained: X‑Rechnung Invoices in Germany
Germany’s official electronic invoicing standard, detailing its definition, legal framework, technical specifications, implications for businesses, and its place within the broader European e-invoicing landscape...
1 month ago
Briefing document & Podcast: Spain – E-Invoicing and E-Reporting
Last update: April 18, 2026 Executive Summary Spain is rapidly advancing towards a comprehensive Continuous Transaction Control (CTC) environment, fundamentally reshaping how businesses issue, receive, and report...
1 month ago
Electronic Invoicing System (SEF) – Key Changes Introduced with Version 3.17.0
Summary Stricter VAT period controls: SEF now prevents recording or correcting individual and summary VAT records for future tax periods, both via the user interface and API. Limited corrections after recording: Once...
1 month ago
Brazil Introduces New PIS/COFINS Invoicing Rules Under Complementary Law 224/2025 Starting April 2026
Brazil’s Complementary Law No. 224/2025 reduces federal tax benefits and changes PIS/COFINS treatment from April 1, 2026. Transactions previously taxed at zero rate now incur a reduced tax (10% of the standard rate)...
1 month ago
Peppol e-Invoicing: What It Is and How It Impacts Your Business and VAT Compliance
Peppol is a global framework that standardizes and secures electronic invoice exchange between businesses and governments. Governments are mandating Peppol to improve tax compliance, transparency, and reduce VAT fraud...
1 month ago
Chile Delays New Dispatch Guide and E-Invoice Requirements to November 2026
Chile’s tax authority has postponed new requirements for dispatch guides and e-invoices. The new compliance deadline is now November 1, 2026. The delay applies to documentation for the physical transfer of goods...
1 month ago
Singapore Mandates GST InvoiceNow E-Invoicing: Phased Rollout, Compliance Steps, and Key Exclusions
Singapore is introducing GST InvoiceNow, a nationwide e-invoicing system requiring GST-registered businesses to transmit invoice data directly to IRAS for near real-time reporting. Implementation will be phased, with...
1 month ago
South Africa Advances Digital VAT Compliance and E-Invoicing Under SARS Modernisation Plan
South Africa is moving towards digital VAT compliance and e-invoicing as part of SARS’s VAT Modernisation programme. E-invoicing will become central to future tax administration. The phased implementation is tentatively...
1 month ago
Revo Takes the Stage: Understanding the French e‑Invoicing Mandate (April 22)
REGISTER HERE On Wednesday, 22 April at 11:00, Revo will participate in a joint webinar with Marosa dedicated to one of Europe’s most complex e‑invoicing and e‑reporting frameworks. 👉 French e‑Invoicing:...
1 month ago
Is Your ERP Ready for Germany’s 2027 E-Invoicing Requirements?
Germany is transitioning to mandatory e-invoicing for all domestic B2B transactions, driven by the Growth Opportunities Act, with key deadlines in January 2027 (for companies with over €800,000 annual turnover)...
1 month ago
South Africa introduces legal framework for e-invoicing and e-reporting
South Africa has enacted the Tax Administration Laws Amendment Act, 2026 (effective April 1, 2026), establishing a legal framework for e-invoicing and voluntary e-reporting within its VAT system as part of a broader tax...
1 month ago
What is International Tax Compliance? (Complete Guide by RTC)
International tax compliance is crucial for global businesses, involving adherence to diverse tax laws and reporting standards across multiple jurisdictions, encompassing everything from corporate income tax to digital...
1 month ago
Blog Part 5: Living with ViDA: Governing VAT and Finance in a Continuous Compliance Environment
Other episodes: Blog Part 1: How CFOs Should Prepare for E-Invoicing & Digital Reporting Mandates – VATupdate Blog Part 2: Where CFOs Underestimate ViDA Risk: Operational, Financial and Governance Pitfalls –...
1 month ago
Malaysia Introduces Accelerated Capital Allowances to Support E-Invoicing Implementation from 2024 to 2027
Malaysia has introduced accelerated capital allowance rules to support e-invoicing, allowing faster recovery of ICT and software development costs for expenditures from 2024 to 2027. Eligible businesses can claim 20%...
1 month ago
Payment Notices: PEC Notification Valid Even If Recipient’s Address Is Inactive or Full
Payment notice via PEC is valid even if the recipient’s PEC address is inactive, invalid, or full, as long as the document is deposited on InfoCamere and an informative registered letter is sent. The informative...
1 month ago
How to Add Meter Readings and Usage Data to Invoices in KSeF System
Additional data such as meter readings, consumption, and billing periods should be included in the “DodatkowyOpis” field when issuing invoices via KSeF. The “DodatkowyOpis” field serves as a...
1 month ago
Key Amendments to Malta’s VAT Act 2026: ViDA Transposition, E-Commerce, and Transfer Pricing
The Act amends the VAT Act to align with EU Directive 2025/516 (ViDA), effective from January 1, 2027. Key changes include extending the deemed supplier rule for e-commerce platforms, phasing out call-off stock...
1 month ago
The Hidden Costs of Not Automating SII and VeriFactu Compliance in Finance Teams
The real cost of not automating SII and VeriFactu compliance goes beyond fines, including rework, delayed close cycles, and finance team distraction. Manual compliance becomes increasingly burdensome and costly as...
1 month ago
Essential e-Invoicing Requirements for B2B Sellers: Steps to Ensure Global Compliance and Avoid Penalties
e-Invoicing mandates for B2B sellers are rapidly expanding worldwide, making compliance urgent for businesses, especially multinationals. These mandates aim to close VAT gaps and promote business automation and...
1 month ago
Accelerated Capital Allowance for E-Invoicing: New Rules for YA 2024–2027 in Malaysia
Accelerated capital allowance is introduced for qualifying e-invoicing expenditures from YA 2024 to YA 2027. New rules allow full capital allowance claims within 2 years for e-invoicing-related expenses (20% initial...
1 month ago
Dutch Bill Implements EU VIDA Proposal to Simplify Single VAT Registration and Reduce Administrative Burden
The Dutch government has submitted a bill to implement part of the European VIDA proposal, specifically to prevent double VAT registrations within the EU. The bill aims to reduce administrative burdens from multiple VAT...
1 month ago
