Can I invoice in other currencies and still meet UK rules?

Yes. You can invoice in foreign currencies while fully meeting UK VAT requirements.

WBudget allows you to issue invoices in a wide range of foreign currencies while ensuring compliance with HMRC rules for UK-taxable supplies. This is particularly important for UK businesses that trade internationally or provide services to overseas customers but are still required to account for VAT under UK legislation.

Under HMRC guidance, when VAT is chargeable on a supply, the VAT amount must be shown in pounds sterling (GBP), even if the invoice total is presented in another currency. WBudget handles this requirement automatically by displaying VAT values in GBP alongside the foreign-currency amounts, ensuring that invoices remain clear, compliant and suitable for VAT reporting.

When creating a foreign-currency invoice, the system applies an appropriate exchange rate to calculate the VAT value in GBP. This allows both you and your customer to see the commercial value of the invoice in the agreed currency, while ensuring that the VAT information meets UK regulatory standards. The result is an invoice that is easy to understand, professionally presented and aligned with HMRC expectations.

Multi-currency support is especially useful for businesses working with international clients, cross-border service providers and UK companies billing overseas entities. Rather than maintaining separate systems or manually converting figures, WBudget ensures that currency handling and VAT presentation work together seamlessly, reducing the risk of calculation errors or non-compliant invoices.

From a reporting perspective, foreign-currency invoices are treated consistently within your records. VAT totals are stored and reported in GBP, supporting accurate reconciliation, accountant review and Making Tax Digital processes. This ensures that currency choice does not introduce inconsistencies between invoices, VAT reports and exported records.

In practical terms, this means you can:

• Issue invoices in foreign currencies such as EUR or USD
• Automatically display VAT amounts in GBP where UK VAT applies
• Maintain clear, HMRC-compliant invoice layouts
• Avoid manual exchange rate calculations
• Keep VAT records consistent for reporting and submission

Overall, WBudget enables flexible, international invoicing without compromising UK compliance. You can bill customers in the currency that suits your commercial relationship, while remaining confident that VAT is presented correctly and your records continue to meet HMRC requirements.