Written by Chris Calverley
As e-invoicing mandates loom across Australia and New Zealand, businesses must upgrade now or risk losing lucrative government contracts.
From 29 August, all Australian exports to the US face import duties as the $US800 de minimis exemption ends, complicating trade and duty compliance.
Some Australian exporters are risking heavy US fines by using dodgy tactics to evade new 10% tariffs, but playing by the rules with smart software offers safer growth.
Australian exporters using outdated tax software risk fines and delays; adopting AI-infused compliance tech in FY2026 offers speed and accuracy benefits.
Changes to the US de minimis exemption could complicate sales for Australian exporters, with potential new taxes and paperwork looming on the horizon.
As businesses look to FY2025, embracing e-invoicing can streamline operations, enhance cash flow and improve compliance for Australian firms.
As businesses evolve, integrating tax automation with ERP systems becomes crucial for enhancing efficiency and compliance while reducing costs.
