Estonia's government confirms a VAT rate increase, starting July 1, 2025, to stabilise public finances and address the country's growing budget deficit. A VAT rate increase that will go into effect on July 1, 2025, has been formally confirmed by the Estonian government. The following adjustments will be made: The standard VAT rate will rise from 22% to 24%. The 9% lower rate will increase to... Read more

The Philippines’ Bureau of Internal Revenue (BIR) will require selected taxpayers to adopt electronic invoicing and sales reporting by March 2026, following Revenue Regulations 11-2025 and the CREATE MORE law. Although e-invoicing was introduced under the 2018 TRAIN Law, full implementation has been delayed, with pilot testing starting in 2022 but showing limited progress. While the new rules are... Read more

E-invoicing has been mandatory for Dutch public authorities since 2019, with around 1.6 million invoices exchanged annually. B2B e-invoicing is voluntary but requires buyer consent, integrity controls, and seven-year archiving. For B2G, e-invoices must be sent via Peppol using an Organization Identification Number (OIN). Common formats include SI-UBL 2.0 and Peppol BIS 3.0. From July 1, 2030, cros... Read more

Irish VAT for Business applies to most goods and services, with a standard rate of 23%. Reduced rates apply to certain sectors, while zero rates apply to exports, intra-EU deliveries, and certain foodstuffs. Registration is mandatory for businesses with turnover over €75,000, and distance sales have a €10,000 threshold. Non-compliance can result in penalties. As an EU member state, Ireland applies... Read more

Switzerland introduced VAT in 1995, a general consumption tax targeting domestic consumption. It has undergone revisions since 2010, with increased rates in 2024 to support social insurance and simplify regulations. Overview of Value Added Tax (VAT): Switzerland moved from a turnover tax to conform to EU standards by implementing VAT on January 1, 1995. In 2010, the VAT system was completely redes... Read more

Singapore’s Peppol-based e-invoicing system, launched in May 2025, is voluntary but will become mandatory in phases—starting November 2025 for new GST-registered companies and April 2026 for all new GST registrants. Businesses can use the InvoiceNow platform to transmit e-invoices and report to IRAS. E-invoicing solution providers assist with compliance, document formatting, automation, and data s... Read more