Call a Security of Payments Lawyer to get help on any of your payment issues such as late payment and non-payment.
Drafting an invoice can be quite a complex thing. Invoices for construction projects are not just like any other plain bill.
When dealing with payments, you should do it the legal way. Contracts Specialist can explain to you the important aspects of an invoice under the Security of Payment Act NSW.
An invoice is basically referred to as the tax invoice . It is a document issued by a provider of products or services to the purchaser. It serves as a record of purchase or proof of transaction. You will need a tax invoice if the claim is more than $82.50 (including Goods and Services Tax or GST).
The customer must request for the tax invoice within thirty (30) days from the service of the products or materials or from when the customer receives a bill. The tax invoice must be provided within twenty-eight (28) days from the customer’s request
As a subcontractor or a supplier, you should specify the quantities and costs of the used products or services in the invoice. The information the invoice contains can vary depending on what has been used, the type of transaction, and the preferences of the purchasing company.
Serving a tax invoice plays a vital part in the Security of Payment process.
