The following Tax guidance note Produced in partnership with Pinsent Masons provides comprehensive and up to date legal information covering:
A VAT invoice must normally be provided when a VAT registered person supplies goods or services to another VAT registered person. A VAT invoice is a document containing certain information about the supply.
VAT invoices are important, not only for administrative and record-keeping purposes, but because they can affect the amount and timing of VAT payments. In particular:
issuing a VAT invoice can create a tax point under the VAT time of supply rules (triggering liability to account for output tax)—for more details, see Practice Note: VAT time of supply rules—when is a supply made?
the recipient of a supply will need a VAT invoice in order to reclaim input tax. For more information on VAT recovery, see Practice Note: When can a person recover VAT?
This Practice Note describes the basic rules on VAT invoices, including:
the circumstances in which a VAT invoice must be provided
the contents of a VAT invoice
special rules applying to retailers, and
A VAT invoice must be provided when a VAT registered person (see Practice Note: Who must and who can register for VAT in the UK?):
makes a taxable supply (ie a supply that is not exempt) of goods or services in the UK to a taxable person (ie a person
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