Since October 2024, a consultation on e-invoicing is underway in Australia, expected to conclude in February 2025. This consultation targets small, medium, and large businesses, tax agents, federal government departments, and digital service providers. Its aim is to assess the implications for businesses if e-invoicing becomes the preferred method for government invoice submissions and to explore the support needed from the Australian Peppol Authority during the transition
Enhancing e-Invoicing adoption in Australia
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Other countries
Author: Ivana Picajkić
Category:
Fiscal subject related
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210
Content accuracy validation date:
25.11.2024
Content accuracy validation time:
11:14h
Since October 2024, E-invoicing adoption in under consultation and the completion of this consultation is expected in February 2025. This consultation is intended for small, medium and large businesses, tax and BAS agents, federal government departments and digital service providers.
The purpose of this consultation is to understand the implications for business if eInvoicing becomes the preferred channel for government to accept invoices from suppliers, and to explore the support expected from the Australian Peppol Authority, particularly during the transition period.
Currently, the use of e-invoicing through the Peppol network in Australia is optional. Despite its potential to enhance efficiency and security, the rate of adoption remains lower than necessary to fully realize the broader productivity benefits associated with this technology. A consultation will be conducted to explore how the Australian Peppol Authority can promote greater use of e-invoicing for business-to-government transactions, assess its impact on various community segments, and identify what support may be needed during the transition period.
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