Tax invoice requirements

Produced by Tolley

The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Tax invoice requirements
  • Tax invoices
  • Intra-EU trade (prior to 1 January 2021)
  • Simplified tax invoices
  • Retailers’ tax invoices
  • Fuel invoices
  • Cash and carry wholesalers
  • References
  • When a tax invoice must be issued
  • When a tax invoice must not be issued
  • More...

Tax invoice requirements

This guidance note provides details of the information that must be shown on a valid tax invoice. Businesses who supply goods and services that are liable to the standard or reduced rate of VAT are required to issue a tax invoice to another VAT registered person.

If the business is issuing and / or receiving electronic invoices, then it should also read the Electronic invoicing guidance note for more information.

A tax invoice shows certain VAT details regarding the supply of goods and services. It can be either in paper or electronic form. A VAT registered customer is required to have possession of a valid tax invoice from the supplier in order to recover any VAT charged by the supplier.

A tax invoice forms part of the required accounting documentation that must be retained by a business and will be reviewed by HMRC as part of an audit.

Tax invoices

A tax invoice must show the following information:

  1. a sequential number based on one or more series which uniquely identifies the document

  2. supplier’s name and address

  3. supplier's VAT registration number

  4. customer’s name and address

  5. invoice date

  6. tax point date (see the Time of supply (tax points) guidance note)

  7. a description of the goods / services supplied that can be used to identify the supply made

  8. unit price of the goods supplied (excluding VAT). The unit price must also be stated for services as well and normally the hourly rate or price for standard services will be used. However, if it is not possible to show a unit price or the customer does not require it, then it does not need to be shown on the invoice

  9. quantity

  10. VAT rate applicable to each of the goods / services supplied

  11. total amount payable (excluding VAT) for each type of supply (zero-rated, reduced-rated, standard-rated and exempt / outside the scope)

  12. total VAT payable (any foreign currency amounts must be converted into GBP and see below for more information)

  13. rate

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