Global Daily Tax News, UK Seeks Input On Standardizing Electronic Invoices, (Feb 14, 2025)
HM Revenue and Customs and the Department for Business and Trade have released a joint consultation on electronic invoicing.
The consultation, which will run until May 7, 2025, is intended to gather views on standardizing electronic invoicing and how to increase adoption of e-invoicing across UK businesses and the public sector.
The UK does not currently mandate standards for e-invoicing, other than the PEPPOL requirements set by the National Health Service England for its suppliers.
The consultation says the Government is not looking to identify a specific standard or standards to adopt in the UK but broader views on how standards could be used to support e-invoicing adoption and increase potential benefits.
Feedback from businesses will help to support the development of a UK approach, HMRC said.