Regulatory updates - United Kingdom

E-Invoicing/CTC Model:

– B2G NHS: Peppol

– B2G: Post-Audit

– B2B: Post-Audit

Mandatory Infrastructure:

– B2G NHS: Peppol

– Scotland: PECOS P2P

Mandatory Format:

N/A

Mandatory for Issuing:

– B2G NHS: e-Order mandatory for NHS trusts

– B2G and B2B: no explicit requirements

Mandatory for Receiving:

– B2G NHS: e-order all suppliers to NHS trusts

– B2G: All contracting authorities

– B2B: Buyer’s consent required

eSignature:

Not Required

Archiving Period:

6 years

Archiving Abroad:

Possible under certain conditions with tax authority approval