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The UK is one step closer to nationwide e-invoicing

21 February 2025
United Kingdom

On February 13, 2025, the UK took yet another step towards implementing e-invoicing across the country, as the public consultation was launched, and the open consultation document was published.   The public consultation document addresses the main benefits of an e-invoicing system while keeping the outlook on how such a system should look open. The document underlines the importance of establishing common e-invoicing standards to facilitate trade and for business systems to effectively interact with each other. Furthermore, it underlines that increased adoption of e-invoicing may improve productivity, cashflow, simplify tax reporting, and reduce the tax gap.   As part...