VAT invoicing
VAT invoicing

The following Tax practice note provides comprehensive and up to date legal information covering:

  • VAT invoicing
  • When a VAT invoice must be provided
  • Contents of a VAT invoice
  • Contents of a VAT invoice supplied to a person in another Member State
  • Timing
  • Self-billed invoices
  • Simplified invoices
  • Electronic invoicing
  • No VAT invoice

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for Tax?

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:

  1. 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?

  2. 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:

  1. the circumstances in which a

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