On May 1, TEI’s EMEA Indirect Tax and Customs Committee submitted a letter in response to His Majesty’s Treasury’s public consultation on real-time digital reporting and electronic invoicing.
The letter expressed support for efforts to digitize and automate tax administration, including the adoption of e-invoicing. It also emphasized the importance of standardizing and harmonizing e-invoicing frameworks across Europe and of providing impacted businesses with a reasonable implementation period—no less than two years from the date final requirements are clearly defined and publicly released.
To read the letter, click here.
