diff --git a/src/pretix/api/serializers/event.py b/src/pretix/api/serializers/event.py
index dcd9f29454..dce96a09ff 100644
--- a/src/pretix/api/serializers/event.py
+++ b/src/pretix/api/serializers/event.py
@@ -772,6 +772,7 @@ class EventSettingsSerializer(SettingsSerializer):
         'invoice_address_company_required',
         'invoice_address_beneficiary',
         'invoice_address_custom_field',
+        'invoice_address_custom_field_helptext',
         'invoice_name_required',
         'invoice_address_not_asked_free',
         'invoice_show_payments',
@@ -916,6 +917,7 @@ class DeviceEventSettingsSerializer(EventSettingsSerializer):
         'invoice_address_company_required',
         'invoice_address_beneficiary',
         'invoice_address_custom_field',
+        'invoice_address_custom_field_helptext',
         'invoice_name_required',
         'invoice_address_not_asked_free',
         'invoice_address_from_name',
diff --git a/src/pretix/base/forms/questions.py b/src/pretix/base/forms/questions.py
index a2acc2f487..e7e6b6a4ea 100644
--- a/src/pretix/base/forms/questions.py
+++ b/src/pretix/base/forms/questions.py
@@ -1122,6 +1122,7 @@ class BaseInvoiceAddressForm(forms.ModelForm):
 
         if event.settings.invoice_address_custom_field:
             self.fields['custom_field'].label = event.settings.invoice_address_custom_field
+            self.fields['custom_field'].help_text = event.settings.invoice_address_custom_field_helptext
         else:
             del self.fields['custom_field']
 
diff --git a/src/pretix/base/settings.py b/src/pretix/base/settings.py
index 48b5cfa47e..c16e6b6e06 100644
--- a/src/pretix/base/settings.py
+++ b/src/pretix/base/settings.py
@@ -571,7 +571,7 @@ DEFAULTS = {
         'form_class': I18nFormField,
         'serializer_class': I18nField,
         'form_kwargs': dict(
-            label=_("Custom recipient field"),
+            label=_("Custom recipient field label"),
             widget=I18nTextInput,
             help_text=_("If you want to add a custom text field, e.g. for a country-specific registration number, to "
                         "your invoice address form, please fill in the label here. This label will both be used for "
@@ -580,6 +580,18 @@ DEFAULTS = {
                         "The field will not be required.")
         )
     },
+    'invoice_address_custom_field_helptext': {
+        'default': '',
+        'type': LazyI18nString,
+        'form_class': I18nFormField,
+        'serializer_class': I18nField,
+        'form_kwargs': dict(
+            label=_("Custom recipient field help text"),
+            widget=I18nTextInput,
+            help_text=_("If you use the custom recipient field, you can specify a help text which will be displayed "
+                        "underneath the field. It will not be displayed on the invoice.")
+        )
+    },
     'invoice_address_vatid': {
         'default': 'False',
         'type': bool,
diff --git a/src/pretix/control/forms/event.py b/src/pretix/control/forms/event.py
index a7f59a9439..7a63c7bc09 100644
--- a/src/pretix/control/forms/event.py
+++ b/src/pretix/control/forms/event.py
@@ -844,6 +844,7 @@ class InvoiceSettingsForm(EventSettingsValidationMixin, SettingsForm):
         'invoice_address_company_required',
         'invoice_address_beneficiary',
         'invoice_address_custom_field',
+        'invoice_address_custom_field_helptext',
         'invoice_name_required',
         'invoice_address_not_asked_free',
         'invoice_include_free',
diff --git a/src/pretix/control/templates/pretixcontrol/event/invoicing.html b/src/pretix/control/templates/pretixcontrol/event/invoicing.html
index 6c7c47020f..a3f8b89965 100644
--- a/src/pretix/control/templates/pretixcontrol/event/invoicing.html
+++ b/src/pretix/control/templates/pretixcontrol/event/invoicing.html
@@ -32,6 +32,7 @@
                 {% bootstrap_field form.invoice_address_beneficiary layout="control" %}
                 {% bootstrap_field form.invoice_address_not_asked_free layout="control" %}
                 {% bootstrap_field form.invoice_address_custom_field layout="control" %}
+                {% bootstrap_field form.invoice_address_custom_field_helptext layout="control" %}
                 {% bootstrap_field form.invoice_address_explanation_text layout="control" %}
             </fieldset>
             <fieldset>