Invoice Template For Limited Company UK
Instantly create HMRC compliant invoice for your limited company
Here is invoice template for limited company which is used by thousands of businesses especially limited companies in UK. As per HMRC’s guidelines it is a legal obligation of a limited company to invoice the customer once the product is sold or the services are provided.
Please include the following details in your invoice template for limited company UK:
1. Label the document as invoice or tax invoice
2. Provide your limited company name
3. Registered address of your limited company
4. Contact information
5. A unique invoice number
6. Individual’s name or the company name and address of the customer you're invoicing
7. Detailed description of what you're charging for i.e., good and/or services
8. The date of the invoice
9. Invoice due date
10. Amount being charged for each product or service (per unit, quantity and amount)
11. VAT, if applicable
12. The net amount payable
13. Terms and conditions
Make sure you include the full company name as it appears on the certificate of incorporation of your limited company. And if you decide to put names of your directors on your invoices, you must include the names of all directors.
Limited companies are required to issue tax invoice if they are VAT registered and they also have to include the VAT number in the invoice. Also note the invoice number needs to be unique and must follow a sequence.
It is always good to include the invoice due date and also provide terms and conditions around payments. You may mention payment terms clearly to avoid conflicts in future. In case you charge interest for late payment please include the interest rate and late payment fee details as well. For faster payment collection, limited companies can also include bank account details in the invoice or an online payment link for collecting payment through a debit or a credit card or a digital wallet. The best way to make sure you are using a compliant invoice template for limited company please use HMRC recognized VAT invoicing and accounting software. This will ensure that you are not only issuing complaint invoices but you are also MTD compliant by keeping digital records of all your limited liability business and you can also submit VAT returns online.
Please include the following details in your invoice template for limited company UK:
1. Label the document as invoice or tax invoice
2. Provide your limited company name
3. Registered address of your limited company
4. Contact information
5. A unique invoice number
6. Individual’s name or the company name and address of the customer you're invoicing
7. Detailed description of what you're charging for i.e., good and/or services
8. The date of the invoice
9. Invoice due date
10. Amount being charged for each product or service (per unit, quantity and amount)
11. VAT, if applicable
12. The net amount payable
13. Terms and conditions
Make sure you include the full company name as it appears on the certificate of incorporation of your limited company. And if you decide to put names of your directors on your invoices, you must include the names of all directors.
Limited companies are required to issue tax invoice if they are VAT registered and they also have to include the VAT number in the invoice. Also note the invoice number needs to be unique and must follow a sequence.
It is always good to include the invoice due date and also provide terms and conditions around payments. You may mention payment terms clearly to avoid conflicts in future. In case you charge interest for late payment please include the interest rate and late payment fee details as well. For faster payment collection, limited companies can also include bank account details in the invoice or an online payment link for collecting payment through a debit or a credit card or a digital wallet. The best way to make sure you are using a compliant invoice template for limited company please use HMRC recognized VAT invoicing and accounting software. This will ensure that you are not only issuing complaint invoices but you are also MTD compliant by keeping digital records of all your limited liability business and you can also submit VAT returns online.