Value Added Tax Consolidation Act 2010 section 68

Flat-rate farmer invoices and other documents

Section 68 sets out the rules governing invoices, credit notes, debit notes and settlement vouchers that flat-rate farmers must issue in respect of supplies of agricultural produce or agricultural services.

• A flat-rate farmer must issue an invoice where the purchaser requests one, provides a completed form and gives a copy to the farmer, though the farmer may also issue an invoice voluntarily even if these conditions are not met.
• Where the consideration on a flat-rate invoice changes after issue, the farmer must issue a supplementary invoice if the amount increases, or a farmer credit note if the amount decreases or a discount is allowed, with the purchaser's deductible amount adjusted accordingly.
• A purchaser entitled to receive a farmer credit note may instead issue a farmer debit note to the farmer, and where a registered person purchases from a flat-rate farmer, that person may issue a settlement voucher in place of the farmer's invoice, provided the farmer accepts it.
• All VAT provisions applying to standard credit notes and debit notes apply equally to farmer credit notes and farmer debit notes, and no invoice or settlement voucher may be issued in respect of supplies excluded from the flat-rate addition by ministerial order under section 86A.