Archive for July 2024

In Ireland, the modernisation of VAT reporting is imminent, with expectations to mandate real-time reporting and e-invoicing for both business-to-business and business-to-government transactions. The Irish Department of Finance’s recent consultation hints at transformative changes in e-invoicing regulations. Mandatory e-invoicing for B2B and B2G transactions is under consideration, which have the potential to reshape Ireland’s financial…

In Lithuania, companies have long been required to send their invoices to public institutions electronically via via E. sąskaita. There are many advantages to introducing mandatory e-invoicing. For example, it promotes efficiency, transparency and accuracy in public procurement processes. Starting from July 1, 2024, all invoices to public institutions in Lithuania must be sent through…