When writing an invoice, make sure you include a clear description of the goods and services being invoiced for, with each service or item on a separate line for easy identification. If you have a list of items in the description, then each one will be marked with an individual amount. I just can't understand people who just chuck all invoices and receipts into a box file and hand it all over to an accountant to sort out. If you’re a small business or contractor, it’s best to use simple payment terms to avoid being misunderstood and having payments delayed. Simply plug in your business details and upload your logo, and you’re all set to create professional invoices.

Major tools are capital expenditure (you can't just deduct the cost of them from your income) and so are vans. You can also upload a logo or customise the design and most software are cloud-based, meaning that your data will never be lost. Check out the invoice template gallery by FreshBooks for a curated collection of thoughtfully designed templates customised to your business needs.Use of QuickBooks MTD for VAT software and bridging software must be aligned with HMRC's eligibility requirements and includes additional setup between the small business and HMRC. Whether you fill out a 1099, Self-Assessment, T2125, B1, BIR60 or more, if you’re a sole trader of any type, save time with QuickBooks Self-Employed so you have more time for what really matters. From solid colors to ones with patterns, gradients, and textures, there are lots of options for you. Cash books , like receipt books, and duplicate invoice books help you stay up to date and organised with spending, payments, and invoices. Versatile contractor invoice templates make it easy to itemize and bill for every aspect of your contracting work.

Learn about the pros and cons of running your business as a sole trader, find advice on invoicing, and learn how to file your taxes as a sole trader. When you own and run your entire business, there’s a lot to do, from managing employee schedules to making deals with clients.

Invoices require certain information to be valid in the UK and requirements differ based on your business structure and VAT status.