Contractor Invoice Generator for Trinidad and Tobago
Create professional contractor invoices for clients in Trinidad and Tobago. This free invoice generator combines contractor-specific billing practices with Trinidad and Tobago's tax requirements (12.5% VAT) and preferred payment methods like Bank Transfer and Republic Bank.
Free, no registration required. Your data stays in your browser.
Trinidad and Tobago Tax Information
VAT is 12.5%. Registration required above TTD 500,000 turnover. BIR registration mandatory.
Contractor Services to Invoice
- Labor charges
- Material costs
- Equipment rental
- Permit fees
- Subcontractor work
- Change orders
- Warranty work
Invoice Requirements in Trinidad and Tobago
Payment Terms
Progress billing at milestones. Retain 5-10% until final inspection.
Payment Methods in Trinidad and Tobago
Contractor Invoice Tips
- Break down materials and labor
- Reference permits
- Document change orders
- Include lien waiver language
- Track progress payments
Frequently Asked Questions
What tax rate applies to contractor invoices in Trinidad and Tobago?
Trinidad and Tobago has 12.5% VAT. VAT is 12.5%. Registration required above TTD 500,000 turnover. BIR registration mandatory.
What payment methods are common for contractors in Trinidad and Tobago?
Common payment methods in Trinidad and Tobago include: Bank Transfer, Republic Bank, First Citizens, Credit Card, Cash. Progress billing at milestones. Retain 5-10% until final inspection.
What should contractor invoices include in Trinidad and Tobago?
Your invoice should include: BIR number, VAT registration, Client details, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.
How should contractors bill for projects?
Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.
How do contractors handle material markup?
15-25% markup is standard. State policy in contracts.
What is Trinidad's VAT rate?
Trinidad and Tobago applies 12.5% VAT on most goods and services. Basic food items and some services are zero-rated.