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United Kingdom Tax Information

20% VAT (standard)

VAT is 20% standard, 5% reduced, 0% for exempt. Registration mandatory above £85,000 turnover.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in United Kingdom

Business name
VAT number if registered
Client details
Invoice number
Tax point date
VAT breakdown
Total with/without VAT

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

Net 30Net 14Due on ReceiptEnd of Month

Payment Methods in United Kingdom

Bank Transfer (BACS)Faster PaymentsDirect DebitCredit CardPayPal

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in United Kingdom?

United Kingdom has 20% VAT (standard). VAT is 20% standard, 5% reduced, 0% for exempt. Registration mandatory above £85,000 turnover.

What payment methods are common for bookkeepers in United Kingdom?

Common payment methods in United Kingdom include: Bank Transfer (BACS), Faster Payments, Direct Debit, Credit Card, PayPal. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in United Kingdom?

Your invoice should include: Business name, VAT number if registered, Client details, Invoice number. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

Do I need to charge VAT?

If VAT-registered (mandatory above £85,000 turnover), charge 20% on taxable supplies.