DO YOU ISSUE VAT INVOICES ?

With effect from 1 October 2007, it will now be a mandatory requirement for all VAT invoices to have an identifying number, which must be from a series that is unique and sequential.

Also, users of the margin scheme for second hand goods, users of the Tour Operators' Margin Scheme, and businesses which provide either intra-EC VAT exempt services or services subject to the reverse charge procedure must now include on their invoices either a reference to the relevant article in the EC Directive, a reference to the relevant UK legislation, or any other reference evidencing the supply made. Previous references advised by HMRC are superseded.

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