Government encourages the adoption of PEPPOL e-invoicing
Australia has mandated business-to-government (B2G) e-Invoicing since July 2022, requiring government agencies to adopt the use of PEPPOL e-Invoicing. Further”on,”the Australia Taxation Office (ATO) announced a Business e-Invoicing Right (BER) initiative to promote business-to-business (B2B) e-invoicing in a gradual phase, starting with large companies from July 2023. Under” this initiative,”businesses are legally obliged to adopt and send e-invoices if requested by their customers.”This means that Australia is not implementing a government-led e-Invoicing mandate (aka as Continuous Transaction Control), but rather seeks to stimulate the uptake of e-Invoicing through ‘market dynamics’. The ATO remains committed to encouraging the adoption of e-invoicing, and recently published an article on the benefits of PEPPOL e-invoicing for SMEs. With more than 18,000 businesses already using eInvoicing, the government expects a significant growth in the use of e-invoicing over the next 12 months.