What is a valid VAT invoice or reciept? Don't get caught out with the wrong paperwork.
HMRC will only accept claims for input VAT when accompanied by a valid VAT invoice or reciept. So what does a valid VAT invoice or reciept look like and what does it have to include?
What ISN'T a valid VAT invoice?
Sorry - none of the following are acceptable for the reclaim of input VAT on your VAT return:
E-mail confirmations
Delivery notes
Order summary
Order confirmation
Pro-forma invoice
Statements
Contracts
Payment acknowledgement
So what do I need?
HMRC will allow simplified invoices for supplies of under £250 (including the VAT). Everything above needs a full VAT invoice. Here's what each should include:
The information contained within in this article is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax, or financial advice specific to your own circumstances from your own adviser.
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