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From 1 July 2026 Hungary will tighten its M-sheet VAT reporting, requiring detailed breakdowns of VAT charged and deducted by rate, and mandating new data fields. The ÁNYK filing system will be phased out by 31 December 2026, with taxpayers moving to the eVAT platform, and M-sheets will be abolished entirely from 2027. These changes stem from the 2025 Autumn Tax Package and represent a shift toward real‑time, deduction‑based reporting.
The article outlines a CFO-focused readiness scorecard for e-invoicing, highlighting gaps in regulatory awareness, technical infrastructure, process maturity, vendor coverage, and organisational alignment. It details key mandates in Belgium, France, and Germany, and stresses the importance of early assessment to avoid penalties and lengthy implementation cycles.
Global e-Invoicing Requirements Tracker
This blog post explains how SAF‑T can bridge the gap between real‑time e‑invoicing and periodic VAT returns, highlighting EU ViDA mandates, national e‑invoicing rules, and the role of SAF‑T in reconciling data. It details penalties in Poland, Romania’s cross‑validation pilot, and Italy’s fraud‑reduction success, underscoring the need for continuous data validation.
The UK government’s Simplified Customs Declaration Process (SCDP) offers a two‑stage electronic declaration method that reduces border controls for authorised traders. Importers must be pre‑authorised, hold an EORI number, and submit a supplementary declaration within ten calendar days of the reporting period’s end, keeping records for four years.
The European Commission has opened a public consultation to revise the EU e‑Invoicing Directive, offering three options that range from mandatory use of the EN 16931 standard for B2G transactions above thresholds to a full EU‑wide rollout with interoperability requirements and EU‑level governance. The consultation runs from 18 March to 10 June 2026 and seeks input on how to accelerate harmonisation ahead of the ViDA mandate, which will require structured e‑invoicing for intra‑EU B2B by July 2030.
Germany is preparing XRechnung 4.0, the next major version of its national e‑invoice standard, to align with the revised EN 16931‑1:2026. The new standard will break the one‑order‑one‑delivery rule, add B2B‑specific fields, and will not be backward compatible with XRechnung 3.0. Businesses must plan for the transition as the German e‑invoicing mandate requires all e‑invoices by 1 January 2028, likely using XRechnung 4.0.
This webinar, scheduled for March 26, 2026, will cover e‑invoicing and digital reporting obligations across Northern Europe, including Germany, Poland, the Nordics, and the Baltics. Participants will learn about upcoming timelines, the shift to real‑time compliance and CTC models, and practical steps for centralizing and automating reporting. The session aims to help organizations prepare for evolving regulatory requirements in the region.
This article argues that e‑invoicing does not create new problems but instead exposes existing process failures. It highlights how structured invoices enforce strict validation rules in countries such as Italy, India, and Germany, and cites adoption statistics following Italy’s 2019 mandate. The piece also discusses the impact of e‑invoicing on exception rates, processing costs, and cycle times.