Europe Newswire News Social and Regulatory Policy All Government Levels Best Practices Market Research Library

The UK Government has now implemented the EU Directive on electronic invoicing in public procurement through The Public Procurement Regulations 2019. Contracting authorities and other contracting entities (utilities) are now required to receive and process supplier invoices that comply with the technical e-invoicing standard developed under the Directive. This applies to all
central contracting authorities with immediate effect. ‘The Directive aims to address the use of varied e-invoicing formats across the Member States through the introduction of a standard. These varied formats cause unnecessary complexity and additional operating costs for businesses, public contracting bodies and contracting entities,’ says the directive. Read the policy note here.

0

No comments

You must be logged in to post a comment.