e-Invoicing in Australia
Characteristics of the electronic invoice in Australia
Australia began its electronic invoicing project with New Zealand in 2018 through the “Australia and New Zealand Government Electronic Invoicing Arrangement”. Since then, the Australian government has embarked on multiple initiatives in its digitalization strategy to incentivize private companies and public organizations to adopt the electronic invoice. It is highly likely that the Australian tax authority will publish a mass adoption plan for all taxpayers. Currently, it has announced that all government agencies must use the electronic invoice by July 2022.
Currently only the Commonwealth’s agency’s must adopt the electronic invoice by July 1st 2022.
PEPPOL BIS Billing 3.0.
Users must have an accredited PEPPOL Access Point, capable of creating the messages according to the specifications of the PEPPOL network. EDICOM is an Australian tax authority accredited access point.