Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential merits of e-invoicing for improving tax administration and collection.

Following the Chancellor’s announcement at Budget 24, HMRC and DBT have run a joint consultation on promoting e-invoicing among UK businesses and the private sector. This consultation closed on 7 May and the government will publish a summary of responses and update on the next steps following this consultation in due course. As part of HMRC’s work on e-invoicing the department will consider the potential merits of e-invoicing for improving tax administration and collection.