What a VAT Credit Note Must Show?

A valid credit note must also show:

  • the words “tax credit note” shown in a prominent place
  • the name, address and Taxpayer Identification Number (TIN) of the supplier
  • the name and address of the customer
  • the reason for its issue
  • information sufficient to identify the taxable supply to which the tax credit note relates
  • the rate and amount of VAT credited
  • the date on which the tax credit note was issued