Understanding your VAT invoice

If you pay your lease by direct debit you will receive, a quarterly Direct Debit (DD) VAT invoice.  

Billing Period  
This could either be quarterly or annually in advance depending on your contract 

Agreement Number 
This field indicates your Lease Agreement number. 

Due Date   
This field indicates the date on which the invoice is due for payment.  
This date may change if it falls on a weekend or bank holiday. 

Rentals and Other Fees 
This field indicates the NET amount for each payment due.  

VAT %  
This field indicates the percentage (%) of VAT applied. 

VAT Amount 
This field indicates the VAT amount for each payment to be claimed by Direct Debit. 

Amount Due
This field indicates the total amount to be paid or claimed by Direct Debit inclusive of VAT. 


Pitney Bowes Finance Limited invoice image

Helpful Information
  • This document should be retained. 
  • It is your ‘TAX INVOICE’ within the meaning of the VAT regulations. It is also a request for payment if you do not pay by direct debit 
  • If you are registered for VAT you may have to produce this schedule to HM Revenue and Customs in support of any claim reductions made in your VAT returns (Form VAT 100) 
  • Should the VAT rate change during the given year stated on your schedule you will be sent a revised Schedule of VAT. 

Useful links 
How to make a payment 
How to view and print  a copy of your invoice
Your Lease invoice Explained


UPDATED:  29 May 2019