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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.

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

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

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

Net 30Net 14Due on ReceiptEnd of Month

Payment Methods in United Kingdom

Bank Transfer (BACS)Faster PaymentsDirect DebitCredit CardPayPal

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor 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 financial advisors in United Kingdom?

Common payment methods in United Kingdom include: Bank Transfer (BACS), Faster Payments, Direct Debit, Credit Card, PayPal. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in United Kingdom?

Your invoice should include: Business name, VAT number if registered, Client details, Invoice number. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

Do I need to charge VAT?

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