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The UK government has confirmed a mandatory e-invoicing regime set to launch in April 2029, covering B2B and B2G transactions. The plan likely adopts a four‑corner model using a localized Peppol standard, with phased implementation and potential incentives for SMEs. Businesses are urged to prepare early, engage in consultations, and assess technology and data readiness to meet the new compliance requirements.
UK companies will be required to use e-invoicing for all VAT transactions from January 2029. Storecove is hosting a webinar on January 15, 2026 to preview the upcoming change and explain implementation steps. The session will cover the regulatory requirements, impact on businesses, and how an API can simplify compliance.
Global e-Invoicing Requirements Tracker
The UK’s new ‘taxi tax’ imposes a 20% VAT on minicab fares, but Uber has restructured driver contracts from January 2026 to act as an agent, shifting VAT responsibility to drivers. Most drivers earn below £90 k and therefore do not charge VAT, keeping fares outside London unchanged, while London fares remain subject to VAT.
From 1 January 2025, the UK's long-standing VAT exemption for private education was removed. Private schools must now charge 20% VAT on their fees, significantly impacting the independent education sector.
Following consultation, the UK government confirmed mandatory e-invoicing for all VAT-registered businesses, with a phased rollout starting April 2028 for the largest businesses and full mandate by April 2029.