questionText: To ask the Secretary of State for Business and Trade, what steps the Department is taking to ensure that the design of the UK’s electronic invoicing regime minimises costs and administrative burdens for small businesses.
answerText: Electronic invoicing, or e-invoicing, will become mandatory for VAT transactions from April 2029. E-invoicing will help business productivity and efficiency, reduce late payments and streamline tax administration. DBT and HMRC ran a consultation between F...
heading: Small Businesses: Billing