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).
Other news from Other countries
New Simplified VAT Framework Introduced for Small Businesses in Chile
Other countries
Author: Ema Stamenković
From January 1, 2026, Chile simplifies VAT for small businesses, allowing fixed monthly payments if qualifying criteria and application procedures are met. With effect from January 1, 2026, the Chilean tax authority has simplified the VAT taxation regime for small taxpayers. This simplifies their tax obligations by enabling qualified small businesses to pay a fixed monthly VAT based on their sales... Read more
Accredited Service Provider (ASP): The Trust Anchor in UAE's E-Invoicing
Other countries
Author: Ema Stamenković
An Accredited Service Provider (ASP) is crucial for businesses in the UAE’s digital tax system, holding exclusive authority to obtain clearance from the Federal Tax Authority (FTA). Unlike standard ERP software, ASPs provide secure transmission and validation, serving as intermediaries in the Peppol-based 5-Corner Model for e-invoicing. Their core responsibilities include transforming raw data int... Read more
Understanding VAT Rates in Vietnam
Other countries
Author: Ema Stamenković
VAT in Vietnam is applied to goods and services, with rates of 0%, 5%, and 10% depending on the product category. A temporary reduction to 8% is enacted until December 31, 2026, except in certain sectors. Exemptions include agricultural products, items with low annual revenue, and specific services. Businesses must properly manage VAT rates to avoid penalties, file declarations monthly or quarterl... Read more
Malaysia Tightens E-Invoicing Validation Rules for Data Quality
Other countries
Author: Ljubica Blagojević
Malaysia’s Inland Revenue Board (IRBM) is strengthening e-invoicing validation rules by introducing stricter format, length, and code requirements for main invoice fields to improve data quality. Businesses must update their invoicing and ERP systems to avoid rejections, with the changes effective in Sandbox from 15 December 2025 and in Production from 9 January 2026. The updated rules impose form... Read more
Estonia’s Rounding of Cash Policy: Estonia Sends 1- and 2-Cent Coins to Latvia
Other countries
Author: Ema Stamenković
Estonia is phasing out one- and two-cent euro coins, sending them to Latvia after adopting cash rounding rules in January 2025. Retailers support this for quicker transactions, while higher denominations remain in circulation. Estonia is phasing out one- and two-cent euro coins by sending them to Latvia, which still uses them, following the introduction of cash rounding rules in January 2025 that... Read more
Vietnam: Draft Regulations Define Cases Exempt from VAT Declaration and Payment
Other countries
Author: Ema Stamenković
The Ministry of Finance is preparing a Decree to amend Decree No. 181/2025/ND-CP regarding the VAT Law. It outlines VAT exemptions for unprocessed and minimally processed agricultural, forestry, livestock, and aquaculture products sold by producers, while a 5% VAT applies to others. The draft clarifies VAT calculation methods, exemption cases, and non-declaration requirements. Importantly, it sugg... Read more
Reminder: UAE VAT Updates Effective January 1, 2026
Other countries
Author: Ema Stamenković
The FTA has released amendments and guidelines for the VAT Law, including a new Administrative Exceptions Guide. Big changes effective January 1, 2026, include removal of self-invoicing for imports and a five-year limit on excess recoverable input tax claims. The Ministry of Finance and Federal Tax Authority (FTA) have issued amendments and new guidelines to the Value Added Tax Law. Updated VAT A... Read more