Invoices
This page sets out changes to our VAT and billings processes for customers.
Please note this applies to amounts which are paid directly to Landsec. Amounts which are paid to an agent, such as Savills, will still be invoiced in advance. Any changes to this will be advised separately.
From the June quarter day (24 June 2020) Landsec is no longer going to issue VAT invoices in advance of cash being received by Landsec. A Request for Payment will be issued approximately four to six weeks in advance of our customers payment due date. This will be in the agreed manner, either electronically via email or post. When a payment is received by Landsec it will be matched to the Request for Payment previously issued. Once this matching has taken place, a VAT receipt will be issued to the customer (in the same way as the Request for Payment, either electronically via email or post).
FAQs
Will this delay when I (the customer) can recover VAT?
When will this new process apply?
Why are you doing this now?
Can I use the Request for Payment as a VAT invoice to recover VAT from HMRC?
How will I get my VAT receipt?
Can I recover VAT from HMRC before I have received my VAT receipt?
When is the VAT point (date)?
What payments will this apply to?
When will VAT invoices rather than Requests for Payments be issued?
Is Landsec obliged to issue a VAT invoice in advance of the due date? Can I wait until I receive the VAT invoice before paying?
What if I paid without sending a remittance advice to remittances@landsec.com?
What if I make an overpayment?
What if I only pay part of what is due?
What happens if I do not pay on the due date?
What happens if I pay the amounts owed before the due date?
What happens if I make a payment in relation to arrears due before June 2020?
Request for Payment example
VAT Receipt example
