On November 18, 2024, the Ministry of Business, Innovation & Employment (MBIE) released rules on “Improving government payment times for domestic trade invoices and uptake of e-Invoicing”. These new Government Procurement Rules include payment deadlines such as 5 business days for e-invoices and 10 business days for invoices.
Currently, the MBIE’s e-invoicing team is conducting an ongoing consultation with government suppliers and the business community on potentiall…