VATREC16023 | Other Invoicing arrangements for particular businesses: Cash and carry wholesalers: The till roll VAT invoice

For the till roll to satisfy VAT invoice requirements, it must provide all the following essential information:

• a unique identifying number;

• time of supply;

• date of issue of the document;

• the name, address and registration number of the supplier;

• the name and address of the person to whom the goods or services are supplied;

• a description sufficient to identify the goods or services supplied;

• for each description, the quantity of the goods or the extent of the services, and the rate of VAT and the amount payable, excluding VAT, expressed in any currency;

• the gross total amount payable, excluding VAT, expressed in any currency;

• the rate of any cash discount offered;

• the total amount of VAT chargeable, expressed in sterling;

• total amount of VAT charged; and

• the unit price.

Problems can arise in providing some of the essential information and VATREC16024 to VATREC16028 explains how these problems may be overcome.