Regulatory updates - Ireland

As previously mentioned by Pagero, the public consultation for digital reporting requirements and electronic invoicing has been published by Revenue Commissioners. The duration of the consultation is from 13 October 2023 to 12 January 2024.

Stakeholders are encouraged to provide their views on real-time digital VAT reporting and electronic invoicing and their impact on the business models of different entities in different industries of economic operators in Ireland.

On 10 October 2023, Irish Minister of Finance Michael McGrath announced in his Statement on Budget 2024 the opening of a public consultation regarding existing VAT invoicing and reporting systems.

The public consultation will be published by Revenue Commissioners, and it welcomes stakeholders to submit their views and opinions on making digital advancements to reporting requirements and invoicing.

The European Directive on e-invoicing in Public Procurement (2014/55/EU) mandated public sector organisations to receive and process electronic invoices that are compliant with the European e-invoice Standard (EN-16931) by 18 April 2019 for Central Government Departments and April 2020 for all other public sector bodies.

To enable it to meet its obligations under the Directive, the Irish Government chose the Peppol network to provide a consistent and standardised channel for the Irish public sector to be able to receive e-invoices from its suppliers.

In March 2019, the Irish Office of Government Procurement (OGP) established an ‘e-invoicing’ Framework agreement, from which public bodies could procure the services and solutions they needed to comply with the Directive from an approved list of solution providers, including Pagero.

This e-invoice framework Agreement has expired, and the Office of Public Procurement has decided not to extend or establish a new Framework Agreement. It now advises Irish Public Sector Bodies to directly procure the Peppol-based e-invoicing services and solutions they require directly from the open market.

As a global Peppol Services provider with considerable experience in working with public sector bodies in Ireland, Pagero continues to provide a range of solutions to help them become and remain compliant with the Directive.