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As more countries mandate e-invoicing to modernise tax systems and improve compliance, several governments recognise that business readiness varies. To support smoother transitions, some have introduced grace periods or temporary penalty relief – giving companies breathing room while they adapt systems and processes. Here’s a
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Like many European countries, and in line with the EU’s VAT in the Digital Age (ViDA) initiative, governments are moving rapidly toward mandatory electronic invoicing for B2B transactions. Belgium implemented mandatory e-invoicing at the start of this year, with Poland and France expected to follow,
Across Africa, governments are increasingly turning to e-invoicing as a tool to modernise tax administration, close VAT gaps, and strengthen compliance. From real-time invoice reporting to fully mandated clearance models, digital invoicing is becoming a central pillar of tax reform on the continent. Here’s a
Just like the EU, the UK reports on its estimated lost VAT every tax year. HMRC defines the tax gap as “the difference between the amount of tax that should be paid to HMRC, and what is actually paid”. HMRC publishes an annual ‘Measuring Tax
