The Inland Revenue Board of Malaysia has postponed the CTC mandate for certain small taxpayers. Taxpayers with annual revenue between RM500,000 and RM25 million must comply by July 1, 2025, with a six-month relaxation...
All Technology Posts
Singapore GST InvoiceNow: Voluntary E-Invoicing Timeline
Singapore Inland Revenue Authority announced a soft launch of nationwide e-invoicing for all GST-registered businesses under the GST InvoiceNow Requirement. GST-registered companies can voluntarily comply with e...
Malaysia Postpones E-Invoicing Deadline for Micro Businesses
Malaysia delays e-invoicing for micro businesses until January 1, 2026. The government announced a revised timeline for e-invoicing implementation. The delay benefits micro, small, and medium enterprises (MSMEs). MSMEs...
Pakistan Mandates E-Invoicing for Businesses
Pakistan’s FBR requires all registered businesses to electronically link their fiscal devices with the tax agency. Businesses must integrate their sales tax systems with the FBR by February 3, 2025. The new system...
ViDA: What It Means for Polish Companies
The European Parliament adopted the ViDA package, a digital reform of the EU VAT system. The ViDA package includes three pillars that will be implemented gradually from 2028 to 2035. Pillar 1: Single VAT Registration...
Saudi Arabia E-Invoicing Compliance: Making Waves
Phased Implementation: The e-invoicing mandate, overseen by the Saudi Arabian Zakat, Tax and Customs Authority (GAZT), began in December 2021 and is being implemented in phases. Phase 1 requires all resident taxpayers...
ecosio Webinar – E-invoicing in the UK – Insights from HMRC (March 5)
Register HERE What we’ll cover HMRC recently launched a public consultation to establish standards and promote the wider adoption of electronic invoicing across UK businesses and government departments. To explore...
Italy E-invoicing Schema Update: Key Changes Effective April 1, 2025
New Document Type and Tax Regime Code: The updated version 1.9 of the Italian mandatory e-invoicing specifications introduces Document Type “TD29” for reporting omitted or irregular invoices and a new Tax Regime Code...
Malaysia’s Updated Timeline for e-Invoicing Implementation
Postponement of e-Invoicing Deadline: The Malaysian government has extended the e-Invoicing deadline for small and medium enterprises (SMEs) with annual sales between RM150,000 and RM500,000 to January 1, 2026...
US E-Invoicing: Current Status and Future Outlook
E-invoicing is gaining popularity globally, but the US has a decentralized approach. The US e-invoicing system was developed by the Business Payments Coalition (BPC) and the Federal Reserve. The BPC launched the E...
Slovenia’s B2B E-Invoicing Mandate: New Draft Law and Implementation Date
Slovenia proposes mandatory B2B e-invoicing by January 2027. The new draft law aims to combat VAT evasion and improve tax compliance. The implementation deadline is postponed from July 2026 to January 2027. Real-time...
UAE E-Invoicing Mandate: Public Consultation Open Until February 27, 2025
The UAE government has initiated a public consultation on a proposed B2B and B2G e-invoicing mandate, open until February 27, 2025, allowing businesses and stakeholders to provide feedback ahead of implementation...
Saudi Arabia Sets Criteria for E-Invoicing Integration Phase 20
Saudi Arabia’s ZATCA has announced criteria for the 20th wave of the Integration Phase for E-invoicing. The 20th wave includes taxpayers with VAT revenue exceeding SAR 1.5 million in 2022 or 2023. Targeted...
FIRS to commence pilot phase of e-invoicing with large taxpayers
FIRS e-Invoice Initiative: The Federal Inland Revenue Service (FIRS) is set to launch an e-invoicing and e-valuation solution, starting with a pilot phase involving selected large taxpayers to enhance tax compliance and...
E-Invoicing & E-Reporting developments in the news in week 8/2025
New LinkedIn Group: Global E-Invoicing & Real Time Reporting developments Click HERE for the PODCAST version discussing ”E-Invoicing & E-Reporting developments in the news in week 8/2025” Follow the latest...
Costa Rica Extends Electronic Invoicing Deadline to September 2025
New Implementation Deadline: Costa Rica’s Ministry of Finance announced that taxpayers must implement version 4.4 of electronic invoicing rules by September 1, 2025, extending the original deadline of June 1, 2025...
E-Faktur Client Desktop: New Option for Tax Invoice Creation
E-Faktur Client Launch: Starting February 12, 2025, Taxable Entrepreneurs (PKP) can use the e-Faktur Client Desktop application to create tax invoices for Taxable Goods and Services, as outlined in Decree KEP-54/PJ/2025...
Dominican Republic Offers Tax Credit for E-Invoicing Adoption
Tax Credit Overview: The Dominican Republic’s DGII issued Notice No. 05-25, establishing a tax credit for businesses implementing e-invoicing, applicable to various tax liabilities within the same fiscal year...
E-Invoicing Guide for Malaysian E-commerce Businesses
E-commerce platforms are responsible for issuing e-Invoices to consumers. Merchants are not required to issue separate invoices or receipts. Platforms must issue self-billed e-Invoices to record merchant and service...
KSeF: What We Know and How to Avoid Chaos
The Polish Ministry of Finance has introduced changes to the KSeF system, delaying some obligations for businesses. The KSeF obligation will be implemented in two phases: February 1, 2026: Businesses with sales...
myDATAapp: Now You Can Download Receipts as PDFs
The AADE updated the FAQ for the myDATA app on February 21, 2025. Two new questions and answers were added, numbered 5 and 6. Question 5 asks if it is possible to save login credentials. The answer is no, to ensure...
Botswana Announces E-Invoicing Solution for 2026
Botswana plans to implement mandatory e-invoicing to improve VAT collection efficiency. The Electronic VAT Invoicing Solution will enable real-time tracking of VAT transactions. The project is expected to be completed...
E-Invoicing: Everything You Need to Know About It!
E-Invoicing Benefits and Compliance: E-invoicing streamlines the generation, transmission, and storage of invoices, enhancing VAT reclaim processes by enabling faster refund processing, improved compliance, and reduced...
EU – Digital Reporting Regime after Parliament Approves Draft Legislation ViDA 2025
Approval of the ViDA Initiative: On February 12, 2025, the EU Parliament approved the draft of the VAT in the Digital Age (ViDA) initiative, marking a significant step towards reforming the EU VAT system. This approval...
The UK is one step closer to nationwide e-invoicing
Launch of Public Consultation on e-Invoicing: On February 13, 2025, the UK government initiated a public consultation to advance the implementation of nationwide e-invoicing, focusing on open policymaking and...
Norway Explores e-Invoicing for Businesses as a future Outlook
Investigation into Digital Bookkeeping and e-Invoicing: The Norwegian Ministry of Finance is investigating digital bookkeeping and e-Invoicing requirements to enhance competitiveness, improve tax compliance, and...
Ready to comply with VERIFACTU and e-invoicing in Spain? The 2025 and 2026 deadlines are approaching fast!
Mandatory E-Invoicing Compliance: The Spanish government has introduced the VERIFACTU regulation requiring businesses to certify their computerized billing systems (SIF) by July 1, 2025, to enhance tax compliance and...
Government seeks to standardise and increase adoption of e-invoicing
Joint Consultation Launch: On February 13, 2025, HMRC and the Department for Business and Trade initiated a consultation to gather feedback on enhancing e-invoicing uptake among UK businesses, running until May 7, 2025...