The United Kingdom

Regulations

E-invoicing requirements in The United Kingdom

Banqup Group has a compliant inbound and outbound solution.

‍Technical requirements

• Platform - Peppol

• Format - Peppol and PECOS P2P

• Archival period - Minimum 6 years

‍B2G mandates

• Only for the NHS

• Receiving - NHS orders must be received electronically and suppliers to the NHS must send their invoices through the PEPPOL network

• Issuing - Mandatory e-order for NHS trusts

‍B2B mandates

• No existing or upcoming mandates

‍E-reporting

• Periodic reporting Making Tax Digital (MTD) - businesses must report their tax in a digital way

• Phased approach for companies until 2026