Tax Authority and digital rules

The Tax Authority has moved to digital requirements that reach every dealer. A tax invoice above the set threshold needs an allocation number obtained from the Authority in real time, documents have to be digitally signed, and the books have to be exportable as an Open Format file. Falling short shows up in two places: your customer cannot deduct input VAT from an invoice with no allocation number, and an audit disqualifies books that cannot be exported. The guides here explain what each requirement means in practice, who it applies to, and what has to be kept and for how long.

Two points catch small businesses out. First, none of it scales with size: a dealer issuing three invoices a month is under the same numbering, signing and retention rules as a company with a bookkeeping department. Second, the allocation number is needed when the invoice is issued, not when it is paid, so an invoice that went out without one went out defective, and the fix is cancelling and reissuing rather than adding the number after the fact.