Fiscal subject related
General information
New Zealand has begun the phased rollout of the PINT A-NZ specification for e-invoicing, which replaced the ANZ Peppol BIS 3.0 specification as of September 15, 2024. This new format is mandatory for business-to-government (B2G) e-invoicing and business-to-business (B2B) transactions when agreed upon by the parties involved.
This is the first step before PINT becomes mandatory in May 2025 for all B2G e-invoicing transactions in Australia & New Zealand. Australia and New Zealand have implemented a policy that promotes e-invoicing while not making it compulsory. This includes offering incentives for private companies to adopt e-invoicing, such as faster payment terms from public entities. Both countries have selected the Peppol network as the main platform for e-invoicing, ensuring that most central and local government administrations are accessible through this network.
The updated timeline for implementation is as follows:
- November 15, 2024: Mandatory adoption of invoicing, credit notes, and self-invoicing (previously set for April 2024).
- May 15, 2025: Self-invoicing will be mandatory, marking the end of the BIS 3.0 specification.
Starting November 15, 2025, the PINT (Peppol International) invoice format will become the standard for all business-to-government (B2G) e-invoicing transactions. This format builds on the existing Peppol BIS 3.0 and is tailored to meet local needs in a standardized way. Australia and New Zealand have developed the Peppol PINT A-NZ invoice format, with specifications available online for users.
The PINT format has already been successfully implemented in Malaysia and Singapore. Key changes from the ANZ PEPPOL BIS 3.0 to PINT A-NZ include new specifications and values for business process identifiers and a new document type identifier scheme called the wildcard scheme. Additionally, updated business rules have introduced new rule identifiers while streamlining or removing others, including those previously classified as “warning” severity levels.
The next key deadline is May 15, 2025, when the PINT A-NZ invoice format will become mandatory for all B2G e-invoicing transactions. Until then, the standard Peppol BIS 3.0 invoice format remains optional, as outlined in the A-NZ Peppol Authority Special Requirements (PASR).
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