On 30 October 2024, the United Kingdom (UK) government confirmed that it will publish a consultation in early 2025 to establish standards for the adoption of electronic invoicing (e-invoicing) within the UK. The Chancellor of the Exchequer, Rachel Reeves, delivered the UK Budget on 30 October 2024. It included an announcement about a consultation for the introduction of e-invoicing in the UK.UK e-invoicingThe publication of the consultation will be eagerly awaited by many businesses. If the UK Government intends to create a digital value-added tax (VAT) system fit for the future, the introduction of e-invoicing is a crucial step. From a...