+ Reply to Thread
Page 1 of 2 1 2 LastLast
Posts 1 to 10 of 12
  1. #1

    Nervous Newbie


    Join Date
    Jul 2016
    Posts
    1
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default Vat only invoice

    Hi I am doing some work for a company and they have asked me could I send a separate invoice for the VAT a month later. My Ltd company is VAT registered, does anybody know why this would be and if it is even legal?

    Thanks

  2. #2

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    32,838
    Thanks (Given)
    132
    Thanks (Received)
    1289
    Likes (Given)
    1687
    Likes (Received)
    5702

    Default

    Yes. Your accountant.
    'CUK forum personality of 2011' - Winner - Yes really!!!!

  3. #3

    I live on CUK

    SueEllen's Avatar
    Join Date
    Nov 2005
    Location
    in the Park
    Posts
    26,369
    Thanks (Given)
    1140
    Thanks (Received)
    937
    Likes (Given)
    4273
    Likes (Received)
    3791

    Default

    If a company is asking you to do that it would indicate they are having finance problems so it would be a good idea to leave asap.
    "You’re just a bad memory who doesn’t know when to go away" JR

  4. #4

    Super poster


    Join Date
    Jan 2009
    Location
    Near London, UK
    Posts
    3,280
    Thanks (Given)
    36
    Thanks (Received)
    237
    Likes (Given)
    199
    Likes (Received)
    655

    Default

    I'm fairly certain that as a VAT registered business you cannot invoice without VAT so their request is a non-starter.

    You could choose to offer them an extended payment window but I wouldn't. I'd also agree with the above and start looking for a new contract.

  5. #5

    Banned

    Old Greg's Avatar
    Join Date
    Mar 2007
    Location
    The Tombliboo Bush
    Posts
    15,784
    Thanks (Given)
    417
    Thanks (Received)
    145
    Likes (Given)
    248
    Likes (Received)
    1171

    Default

    Quote Originally Posted by TheCyclingProgrammer View Post
    I'm fairly certain that as a VAT registered business you cannot invoice without VAT so their request is a non-starter.

    You could choose to offer them an extended payment window but I wouldn't. I'd also agree with the above and start looking for a new contract.
    Sound advice as usual. OP, have you asked the client why?

  6. #6

    More time posting than coding

    Darren at DynamoAccounts's Avatar
    Join Date
    Apr 2016
    Location
    Between Leeds & London
    Posts
    224
    Thanks (Given)
    6
    Thanks (Received)
    24
    Likes (Given)
    194
    Likes (Received)
    51

    Default Invoice

    Would suggest you get the full invoice in (including the VAT) they will then have to negotiate the payment arrangement, whether it be part now and part later but ask why they want that kind of arrangement. Main point being to get the full invoice in to them in case there are any debt recovery problems.

  7. #7

    TripleIronDad

    BrilloPad's Avatar
    Join Date
    Aug 2006
    Posts
    95,105
    Thanks (Given)
    19473
    Thanks (Received)
    5087
    Likes (Given)
    19473
    Likes (Received)
    8872

    Default

    Sounds illegal. And they are having cashflow issues.

    If they don't pay up, report them to HMRC.

    As others have suggested, ask why first.
    Katy Perry - don't be afraid to catch feels. Taylor Swift - feels $1 a go.

  8. #8

    Double Godlike!

    malvolio's Avatar
    Join Date
    Jul 2005
    Location
    Walking in the garden, dreaming of Olivia...
    Posts
    10,234
    Thanks (Given)
    0
    Thanks (Received)
    197
    Likes (Given)
    4
    Likes (Received)
    699

    Default

    It could simply be that they aren't yet VAT registered and want to wait until they can reclaim it...
    Blog? What blog...?

  9. #9

    Super poster

    Fred Bloggs's Avatar
    Join Date
    Feb 2008
    Posts
    4,626
    Thanks (Given)
    4
    Thanks (Received)
    73
    Likes (Given)
    53
    Likes (Received)
    248

    Default

    Quote Originally Posted by malvolio View Post
    It could simply be that they aren't yet VAT registered and want to wait until they can reclaim it...
    Sounds logical. When the boot has been on the other foot, I have sent invoices without VAT and then two weeks later once I have the certificate, sent VAT only invoices. Not had a problem.

  10. #10

    Lord of the Vectras

    VectraMan's Avatar
    Join Date
    Dec 2005
    Location
    European Union (Yorkshire)
    Posts
    11,442
    Thanks (Given)
    71
    Thanks (Received)
    233
    Likes (Given)
    322
    Likes (Received)
    1222

    Default

    Quote Originally Posted by malvolio View Post
    It could simply be that they aren't yet VAT registered and want to wait until they can reclaim it...
    You can reclaim VAT from before you registered.

    Sounds more likely they don't want to pay all the bill. But then having an invoice doesn't meant they have to pay all the bill anyway.
    Will work inside IR35. Or for food.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.