[ˈɪnvɔɪs]
An Invoice requests payment from a buyer for the goods or services provided. It also outlines the transaction details and a total price to pay.
An Invoice is a document that outlines the transaction details between a buyer and a seller. It serves as a request for payment. It usually is a simple PDF document.
An Invoice typically includes personal information about both parties, details of the goods or services provided, and a price total that is expected to be paid by the buyer. Invoices for VAT-registered companies must include other information like their VAT number and they must display the VAT separately.
Invoices are used to monitor the financial health of the company and keep on top of their tax obligations.
There are loads of different tax laws in the United Kingdom. IR35 is very important to freelancers and contractors but can be a little confusing. Here, we explain simply what IR35 is and who it can affect.
Read moreSelf-employed individuals can use two different methods to expense business vehicle costs. Here, we investigate the positive and negatives for both methods and which one might be right for you.
Read more