If your business is registered for VAT, new VAT invoicing rules have recently been introduced. From 1 October companies who are VAT registered should have consecutively numbered sales invoices. Up to now, they have only had to have an identifying number. Other new rules include the need for VAT invoices relating to exempt supplies. I understand that HMRC are giving everyone 12 months to comply so if your numbers are randomly chosen, you won’t be put in jail just yet.
About Giles
Giles is the founder and managing director of ContractStore. It was his idea to set up a company selling documents online and he has played a major part in the company's development.
He is an English solicitor, with over thirty years' experience of drafting and negotiating commercial and construction contracts in the UK and overseas. He has long been convinced that there is a quicker and simpler approach to the delivery and supply of most contracts, and he is an active proponent of the use of plain English in legal documents. He specialises in the drafting of construction and engineering contracts and as well as contributing contracts to the ContractStore website, he is co-author of the JCT Constructing Excellence Contract publiushed in 2007 (and its predecessor, the Be Collaborative Contract, which is available online from ContractStore).
