Regulatory updates - New Zealand
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.
E-invoicing will become the new normal for B2G transactions in 2026
The New Zealand government has introduced new Procurement Rules that mandate additional government agencies to utilize e-invoices and ensure payments are made within 5 business days.
New Zealand and Singapore’s Prime Ministers sign Memorandum of Agreement on e-invoicing
On 15 April 2024, Christopher Luxon, New Zealand`s Prime Minister and his Singaporean counterpart Lee Hsien Loong announced the signing of a Memorandum of Agreement (MoA) on e-invoicing.
New Zealand moves towards e-invoicing as default method to exchange invoices with the Government
The Government of New Zealand intends to make e-invoicing more attractive for businesses by requiring Government agencies to pay e-invoices faster and publishing payment targets to increase transparency.
Updated Timetable will be in effect for the PINT A-NZ migration
The PINT A-NZ migration plan has been updated, with revised Peppol Authority Specific Requirements (PASRs) for Australia and New Zealand released on 23 January 2024.
Australia and New Zealand announce the plans for PINT A-NZ migration
The Peppol Authorities of Australia and New Zealand are implementing the Peppol PINT A-NZ specification, which will be made obligatory.
New Zealand to modernize the GST invoicing rules from 1 April 2023
The new framework brings about changes to the information requirements in invoices. The changes are designed to support e-invoicing and the country’s adoption of the Pan European Public Procurement Online (Peppol) framework.
Pagero accredited for Peppol in Australia and New Zealand
On 17 March 2020, Pagero was approved as a Peppol Access Point by both Australian and New Zealand Peppol authorities.
Country Specifications
E-Invoicing/CTC Model:
-B2G: Peppol
-B2B: Post-Audit
Mandatory Infrastructure:
– B2G: Peppol
– B2B: N/A
Mandatory Format:
– B2G: Peppol BIS AU-NZ
– B2B: N/A
Mandatory for Issuing:
No explicit requirements
Mandatory for Receiving:
– B2G: All Central Government agencies
– B2B: Buyer’s consent required
eSignature:
Not Required
Archiving Period:
7 years
Archiving Abroad:
Allowed subject to derogation