United Kingdom Launches Public Consultation to Promote the Use of Electronic Invoicing
The HMRC and the Department for Business and Trade (DBT) have launched a joint consultation to gather feedback on the standardization of Electronic Invoicing and its increased adoption among businesses and the public sector in the United Kingdom.
The consultation will remain open until May 7, 2025, and can be accessed through this link.
The United Kingdom (UK) government has announced a package of reforms aimed at advancing the new government's agenda. Chancellor Reeves unveiled measures designed to improve the UK tax system and lay the foundations for a stronger economy.
As part of this strategy, one of the key pillars is the digitalization of administrative and tax processes. In this context, Electronic Invoicing emerges as a fundamental tool for achieving more streamlined, transparent, and efficient financial management. To advance this goal, HMRC and the DBT have launched a joint consultation to gather input from businesses and public sector entities regarding the standardization of Electronic Invoicing and the promotion of its widespread adoption across the UK.
The ultimate aim of this initiative is to promote the widespread and uniform use of Electronic Invoicing across both the business and public administration sectors in the UK. This aims to reduce administrative burdens, improve the traceability of commercial transactions, and combat tax fraud, while also increasing operational efficiency within organizations.
The implementation of an Electronic Invoicing system represents a major transformation in the daily operations of UK businesses. This shift aligns with the established trends in many European countries and other regions worldwide, where Electronic Invoicing has become the standard. Its adoption facilitates process automation and improves financial transparency.
Further details on the new e-invoicing framework will be outlined in the forthcoming Digital Transformation Roadmap, which aims to create a more efficient and digital tax system.
Digitization Strategy in the NHS Healthcare System
The UK Department of Health (DH) is rolling out an e-procurement strategy aimed at the National Health Service (NHS) and its suppliers. The goal of this initiative is to streamline the procurement process for goods and services, making it more efficient.
rated within the healthcare supply chain. In addition to invoices, the initiative covers orders, shipping notices, credit notes, and other essential data, such as product information. These measures will make procurement processes faster, more efficient, and more secure.
A key component of the strategy is the mandatory use of the GS1 and Peppol international standards. These globally recognized standards ensure interoperability between NHS providers, facilitating seamless data exchange across their systems.
