In cooperation with Australia, e-invoicing New Zealand has adopted the Peppol PINT standard. New Zealand’s government will increase the range of government agencies that must receive and issue structured Peppol e-invoices by 2026.
New Zealand B2G e-invoicing boost
Public
Other countries
Author: Ivana Picajkić
Category:
Fiscal subject related
General information
Views:
480
Content accuracy validation date:
27.11.2024
Content accuracy validation time:
07:50h
On November 5, 2024, New Zealand’s Economic Development Minister and Small Business and Manufacturing Minister announced a significant revision to Rule 51 of the Government Procurement Rules, which aims to broaden the implementation of e-invoicing across government entities.
Under this regulatory change, by January 1, 2026, a wider array of government agencies—including ACC, Waka Kotahi, Health NZ, and NZ Police—will be mandated to send and receive e-invoices. Furthermore, these agencies are required to process 95% of domestic trade e-invoices within five business days. This initiative aligns with New Zealand’s ongoing efforts to enhance payment timelines and modernize financial transactions, ultimately benefiting businesses, particularly small and medium-sized enterprises (SMEs).
The updated procurement rules will roll out In two phases. Starting January 1, 2025, approximately 135 government agencies will need to ensure that 90% of all domestic trade invoices are settled within ten business days. This requirement will escalate to 95% by January 1, 2026. The changes extend beyond central government agencies to include a broader range of public entities, promoting a more uniform and transparent invoicing system.
To facilitate this transition, the government intends to engage with businesses regarding the potential requirement for certain suppliers to submit e-invoices as part of the procurement process. Feedback from these consultations is anticipated by February 2025 and may influence future guidelines for adoption. Additionally, the Ministry of Business, Innovation and Employment (MBIE) has provided a directory of eligible public agencies to assist businesses in adapting their invoicing practices.
This comprehensive overhaul of New Zealand’s procurement policies reflects a commitment to advancing digital transformation in government operations. By emphasizing rapid e-invoicing and payment processing, New Zealand seeks to improve efficiency and transparency in the public sector while delivering concrete economic advantages to the wider business community, establishing a foundation for streamlined and digitally integrated government procurement practices.
Other news from Other countries
South Africa Proposes Major VAT Reforms to Modernize Tax System
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
South Africa’s 2025 draft TLAB and TALAB propose major VAT reforms to modernise the system and close compliance gaps. Key changes include extending intermediary rules to local suppliers, zero-rating silver exports and clinical trial services, exempting all basic education supplies (forcing some schools to deregister), removing low-value import thresholds, and tightening VAT registration with site... Read more
South Africa Releases VAT Draft to Advance E-Invoicing and Digital Reporting
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
South Africa's National Treasury and Revenue Service introduces e-invoicing, e-reporting, and an interoperability framework to modernize the VAT system. On August 16, 2025, South Africa’s National Treasury and Revenue Service released a draft amending the VAT Law, introducing definitions for e-invoicing, e-reporting, and an interoperability framework to modernize the VAT system. E-invoicing... Read more
New Zealand’s e-Invoicing Mandate: A Concise Overview
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
New Zealand is transitioning to e-invoicing as a standard, driven by the global Peppol Network and the regional PINT A-NZ specification. The Ministry of Business, Innovation and Employment (MBIE) oversees the adoption, with central public agencies required to receive e-invoices since March 2022. From January 2026, agencies processing over 2,000 domestic invoices annually must send and receive e-in... Read more
Malaysia Introduces 2025 Tax Reforms: E-Invoicing Rollout
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
Malaysia's tax authority has introduced new tax measures and compliance requirements for 2025, including mandatory e-invoicing for taxpayers with annual income between 5 and 25 million ringgits, increased support for MSMEs, and a new tax handling branch. On August 22, the Malaysian Tax Authority published e-Bulletin No. 4/2025, which detailed a number of new tax laws and compliance standards for 2... Read more
Indonesia Reforms Digital Tax Collection for E-commerce
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
Between May and July 2025, Indonesia introduced major reforms to strengthen e-commerce and digital tax collection. PERPRES-68/2025 creates a state-backed system to collect VAT on overseas digital sales, PMK-37/2025 appoints qualifying domestic and foreign platforms (PPMSE) as Article 22 income tax collectors with a 0.5% withholding on sellers’ revenue, and PER-12/2025 tightens VAT reporting and re... Read more
Colombia 2026 Tax Reform Proposal
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Colombia's Ministry of Finance proposes tax reforms for 2026 budget, aiming to raise COP 26.3 trillion, including reduced VAT rates for hybrid vehicles, increased financial sector surcharges, and reduced personal income tax. On September 1, 2025, Colombia’s Ministry of Finance submitted a tax reform bill to Congress for the 2026 budget, aiming to raise COP 26.3 trillion. The bill reforms VAT... Read more
China VAT Rebate Policy Update 2025
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
China's State Tax Administration and Ministry of Finance have revised the VAT credit rebate policy to boost fiscal revenue. The policy now allows full refunds for four key industries: manufacturing, scientific research and technical services, software and IT services, and ecological protection and environmental management. Other sectors, including real estate, face partial refunds, requiring busin... Read more