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Trinidad and Tobago Tax Information

12.5% VAT

VAT is 12.5%. Registration required above TTD 500,000 turnover. BIR registration mandatory.

Life Coach Services to Invoice

  • Discovery session
  • Coaching session
  • Intensive day
  • Group coaching
  • Online course
  • Accountability program
  • VIP retainer

Invoice Requirements in Trinidad and Tobago

BIR number
VAT registration
Client details
Invoice number
VAT (12.5%)
Total in TTD

Payment Terms

Programs paid in full or payment plan. Single sessions paid before booking.

CashNet 14Net 30Net 45

Payment Methods in Trinidad and Tobago

Bank TransferRepublic BankFirst CitizensCredit CardCash

Life Coach Invoice Tips

  • Reference program name
  • Include session dates
  • Note homework/resources
  • Document progress milestones
  • Track package completion

Frequently Asked Questions

What tax rate applies to life coach 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 life coachs in Trinidad and Tobago?

Common payment methods in Trinidad and Tobago include: Bank Transfer, Republic Bank, First Citizens, Credit Card, Cash. Programs paid in full or payment plan. Single sessions paid before booking.

What should life coach invoices include in Trinidad and Tobago?

Your invoice should include: BIR number, VAT registration, Client details, Invoice number. For life coach services specifically, also include: Discovery session, Coaching session, Intensive day.

How to price coaching?

Package-based pricing $1,500-10,000+ for 3-6 month programs. Value-based, not hourly.

Should coaches offer single sessions?

Packages preferred for commitment. Offer single session as intro or premium option.

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.