Commentary

V3.555 Requirement to issue VAT invoices

Part V3 Supplies, acquisitions and imports

V3.555 Requirement to issue VAT invoices

V3.555 Requirement to issue VAT invoices

The obligation to issue a VAT invoice containing the comprehensive information specified in the legislation1 would create particular problems for retailers. The less onerous invoicing provisions available to retailers are set out below.

Less detailed VAT invoices

Retailers are required to provide a VAT invoice at the request of a customer who is a taxable person2; they are not required to provide a VAT invoice to anyone else3 (although there is nothing to prevent them from doing so if they so wish).

Where the supply is taxed at the standard or lower rate and the tax-inclusive consideration does not exceed £2504, the VAT invoice need contain only the following

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