Contents of Recipient Created Tax Invoices

A recipient created tax invoice must contain a suitably modified version of the type of information required in a normal tax invoice for $1,000 or more. The precise requirements are that it must:

• Prominently state the words "recipient created tax invoice"
   
• Set out the name or trading name of the supplier
   
• Set out the ABN of the supplier
   
• Set out the name or trading name of the recipient
   
• Set out the ABN of the recipient
   
• Set out the date of issue
   
• Contain a brief description of each thing supplied
   
• For each description identify the quantity of the goods or the extent of the services supplied (eg the number of items or the hours of labour)
   
• Give the GST inclusive price
   
• Contain the required information as to GST
   
• Be in the approved form