E-invoicing Consultation

HMRC and the Department for Business and Trade (DBT) have published a joint consultation seeking views on standardising electronic invoicing and increasing its adoption across UK businesses and the public sector. E-invoicing is more than just sending invoices by emails. If implemented, it could bring productivity savings to businesses and also give visibility of individual taxpayers’ transactions. With many charities relying on volunteers and in many cases not using accounting software this may pose a challenge. CTG will respond to the consultation, and you may also want to do so. The consultation runs until 7 May.