VAT invoice
VAT invoice template, HMRC compliant and MTD ready
Issue full VAT invoices with your VAT registration number, the rate applied to each line, net and VAT totals and the gross amount due. Standard 20 percent, reduced 5 percent, zero rated and reverse charge all supported.
- Unique sequential invoice number
- Your business name, address and VAT number
- Customer name and address
- Time of supply, the tax point
- Invoice date if different from the tax point
- Description of goods or services supplied
- Quantity, unit price and net amount per line
- VAT rate applied to each line
- Total net, total VAT and gross amount in GBP
- Any zero rate, exempt or reverse charge wording
What must a VAT invoice include?
A unique number, your name, address and VAT number, the customer details, the tax point, a description of the supply, the net amount and VAT rate per line, and the total net, VAT and gross amounts.
When can I issue a simplified VAT invoice?
For retail supplies where the total including VAT is 250 pounds or less.
How long must VAT records be kept?
Six years, and they must be kept digitally where Making Tax Digital applies.
What is the domestic reverse charge?
For certain construction services the customer accounts for the VAT. The invoice shows no VAT amount and states that the reverse charge applies.
When must the invoice be issued?
Within 30 days of the date of supply, or of payment if you were paid first.