The UK is preparing for one of the biggest changes to its tax and invoicing rules in decades. On 26 November, the government announced in the 2025 Budget that electronic invoicing will become ...
South Africa is doing some catching up and plans to introduce an electronic value-added tax (Vat) reporting and invoicing system. Countries in Asia Pacific and Europe are already at an advanced stage ...
Beginning October 2022, directors of registered businesses across the country issuing fake invoices, receipts and also failing to file their annual tax returns could face over five years in prison.
Invoices in formats such as PDF or XML or other electronic formats are treated equally to invoices in paper format. Of course, the overriding principle in relation to each VAT invoice is the need to ...
UAE businesses face a major digital overhaul in 2026-2027 with a new e-invoicing system. Starting July 2026, companies will ...