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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.

Web Developer Services to Invoice

  • Website development
  • Web application development
  • E-commerce solutions
  • API development
  • Maintenance & support
  • Bug fixes
  • Hosting management

Invoice Requirements in Trinidad and Tobago

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

Payment Terms

50% deposit, 50% on launch. For larger projects, use milestone payments tied to sprints.

CashNet 14Net 30Net 45

Payment Methods in Trinidad and Tobago

Bank TransferRepublic BankFirst CitizensCredit CardCash

Web Developer Invoice Tips

  • Reference repository commits or versions
  • Break down by feature or sprint
  • Include deployment details
  • List technology stack
  • Document maintenance separately

Frequently Asked Questions

What tax rate applies to web developer 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 web developers in Trinidad and Tobago?

Common payment methods in Trinidad and Tobago include: Bank Transfer, Republic Bank, First Citizens, Credit Card, Cash. 50% deposit, 50% on launch. For larger projects, use milestone payments tied to sprints.

What should web developer invoices include in Trinidad and Tobago?

Your invoice should include: BIR number, VAT registration, Client details, Invoice number. For web developer services specifically, also include: Website development, Web application development, E-commerce solutions.

How should web developers bill for projects?

Break down by feature, page, or sprint. Include hours for development, testing, and deployment.

Should developers charge for bug fixes?

Include a warranty period (30-90 days) for bugs in original scope. After that, charge hourly.

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.