New Zealand’s Inland Revenue explains how e‑invoicing works, the benefits, and the changes to GST record‑keeping that took effect on 1 April 2023. The guidance notes that e‑invoices are exchanged via the Peppol network and that suppliers are encouraged to send them instead of PDFs.
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DevDiscourse · 15 days ago
New Zealand: The government plans to mandate e-invoicing for large businesses supplying government agencies from 1 January 2027, aiming to cut costs and improve cash flow. The initiative is expected to generate up to NZ$800 million in annual savings by streamlining invoice processing and reducing administrative work.
Bloomberg Tax · 4 months ago
New Zealand’s Goods and Services Tax (GST) is highlighted as a model consumption tax, featuring a single 15% rate, minimal exemptions, and a broad base that yields a stable revenue stream. The system’s simplicity reduces compliance burdens and has been praised for its efficiency and neutrality. Key innovations include zero‑rating business‑to‑business financial services and excluding most crypto assets from GST.
Avalara · 6 months ago
New Zealand GST invoices must be issued within 27 days of the supply and retained for at least seven years. They must contain specific details such as supplier and customer information, invoice date, description, taxable amount, GST, and gross amount. Invoices below NZD 1,000 may omit customer details and detailed GST calculations, and no tax invoice is required for supplies of NZD 50 or less.
1stopVAT · about 3 hours ago
NePAL has introduced a mandatory VAT framework for ride-sharing digital platforms, requiring operators to collect 5% VAT from drivers. The Inland Revenue Department issued a public notice on 17 July 2026, and technical guidance outlines reporting and invoicing duties. Operators must remit collected tax by the 25th day of the month following the reporting period.
Fiscal Requirements · about 5 hours ago
Philippines: The BIR has extended the e-invoicing deadline to 31 December 2026, giving e-commerce businesses, large taxpayers and CAS/CBA users more time to comply. Taxpayers must issue e-invoices in XML, JSON or other BIR-approved formats via accredited systems, and sales data reporting will begin once the central system is operational.
AviNews · about 20 hours ago
Vietnam clarifies that household businesses buying livestock from external suppliers, slaughtering them, and selling fresh meat must pay VAT at 1% of revenue. The guidance also confirms that self-produced livestock products are exempt from VAT if only basic processing is performed.
Key Takeaways
The law replaced the requirement to use tax invoices with a requirement to provide and keep taxable supply information records, such as purchase orders, ledgers, bank statements, and supplier agreements.
e‑invoicing information is exchanged through the Peppol network using the software business specifications for e‑invoicing.
Sending e‑invoices helps the processing and payment of invoices to run more securely and smoothly, improving efficiency and reducing manual entry.
Primary source
Read the full article at New Zealand Inland RevenueThis summary was published on VATfaqs.com on 14 January 2026. It relates to VAT developments in New Zealand. The original source is New Zealand Inland Revenue.
