VAT Compliance
Important: Tax Engine is NZ-Specific
Invoicely's tax engine is built for New Zealand GST (15%). It is not MTD-compliant and does not integrate with HMRC.
What Works for UK Businesses
- Configurable tax rates
- Tax codes: S, Z, E, N
- Tax-inclusive/exclusive splitting
What's Not Included for UK
- ❌ Making Tax Digital (MTD) submission
- ❌ UK VAT return box mapping
- ❌ Construction Industry Scheme (CIS)
Professional Invoicing & Quotes
Invoicing
- Branded invoices with UK business details
- Auto-generated invoice numbers with VAT
- Email delivery with payment links
- Recurring invoices, credit notes
Quotes & Purchase Orders
- One-click quote → invoice conversion
- Supplier review portal
- Automatic stock updates
Double-Entry Accounting & Reports
- 170+ pre-configured accounts
- Trial Balance, P&L, Balance Sheet, Cash Flow
- General Ledger, VAT Return, Inventory Valuation
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