+ Reply to Thread
Page 2 of 4 FirstFirst 1 2 3 4 LastLast
Posts 11 to 20 of 31
  1. #11

    Double Godlike!

    BlasterBates's Avatar
    Join Date
    Jul 2005
    Location
    Trump University
    Posts
    10,376
    Thanks (Given)
    40
    Thanks (Received)
    158
    Likes (Given)
    285
    Likes (Received)
    617

    Default

    All the tax office are interested is that the following information is on the invoice:

    https://www.gov.uk/invoicing-and-tak...y-must-include

    Anything else doesn't matter.
    Author of the best seller "How to get Poor quickly"

  2. #12

    I live on CUK

    SueEllen's Avatar
    Join Date
    Nov 2005
    Location
    in the Park
    Posts
    24,215
    Thanks (Given)
    790
    Thanks (Received)
    792
    Likes (Given)
    3881
    Likes (Received)
    3294

    Default

    Quote Originally Posted by openshac View Post
    Why does the second invoice (the agency's self billing invoice) create the tax point? Their invoice is created and dated after I have submitted my invoice.
    If you Google the relevant HMRC pages it states that if you agree to self-billing you don't create an invoice so the agency's date is the one you use. It's tough if it's later.

    As you haven't agreed to self-billing go over the agent's head to one of the directors and/or the admin staff in the agency to sort out the issue with your invoices.
    "You’re just a bad memory who doesn’t know when to go away" JR

  3. #13

    Double Godlike!

    malvolio's Avatar
    Join Date
    Jul 2005
    Location
    Walking in the garden, dreaming of Olivia...
    Posts
    10,095
    Thanks (Given)
    0
    Thanks (Received)
    181
    Likes (Given)
    4
    Likes (Received)
    638

    Default

    Quote Originally Posted by openshac View Post
    Why does the second invoice (the agency's self billing invoice) create the tax point? Their invoice is created and dated after I have submitted my invoice.
    Fair point. In which case your invoice is the tax point and theirs becomes merely a Remittance Advice. To be precise, in continuing services like ours, the tax point is set by when the work is charged for which, in your case, is when you issue your invoice.

    (One thing just occurred - if you're using FRS, does the tax point really matter?)
    Blog? What blog...?

  4. #14

    Double Godlike!

    BlasterBates's Avatar
    Join Date
    Jul 2005
    Location
    Trump University
    Posts
    10,376
    Thanks (Given)
    40
    Thanks (Received)
    158
    Likes (Given)
    285
    Likes (Received)
    617

    Default

    The "tax point" should be a unique identification number for the invoice. All the other information needs to be recorded as well and should match with the agency. Whether it says "self billing" or not is irrelevant.
    Author of the best seller "How to get Poor quickly"

  5. #15

    Nervous Newbie


    Join Date
    Mar 2012
    Posts
    15
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by SueEllen View Post
    If you Google the relevant HMRC pages it states that if you agree to self-billing you don't create an invoice so the agency's date is the one you use. It's tough if it's later.

    As you haven't agreed to self-billing go over the agent's head to one of the directors and/or the admin staff in the agency to sort out the issue with your invoices.
    I did speak to them but they just said they can't do anything as the system they use "is not set up for this and [they] are unable to manipulate the system".

    What other options do I have to stop them from Self Billing?

  6. #16

    Super poster


    Join Date
    Feb 2008
    Posts
    4,448
    Thanks (Given)
    4
    Thanks (Received)
    55
    Likes (Given)
    26
    Likes (Received)
    190

    Default

    Quote Originally Posted by malvolio View Post
    Fair point. In which case your invoice is the tax point and theirs becomes merely a Remittance Advice. To be precise, in continuing services like ours, the tax point is set by when the work is charged for which, in your case, is when you issue your invoice.

    (One thing just occurred - if you're using FRS, does the tax point really matter?)
    Yes, but to avoid paying VAT on money invoiced but not yet received you have to elect to use cash accounting.

  7. #17

    Super poster


    Join Date
    Feb 2008
    Posts
    4,448
    Thanks (Given)
    4
    Thanks (Received)
    55
    Likes (Given)
    26
    Likes (Received)
    190

    Default

    Quote Originally Posted by openshac View Post
    I did speak to them but they just said they can't do anything as the system they use "is not set up for this and [they] are unable to manipulate the system".

    What other options do I have to stop them from Self Billing?
    None at all. On second thoughts, quitting the gig would stop them pretty smartish.

  8. #18

    Fingers like lightning

    missinggreenfields's Avatar
    Join Date
    May 2016
    Posts
    670
    Thanks (Given)
    73
    Thanks (Received)
    32
    Likes (Given)
    275
    Likes (Received)
    187

    Default

    Quote Originally Posted by openshac View Post
    What other options do I have to stop them from Self Billing?
    Leave and find an agency / client that doesn't operate self billing.

  9. #19

    Super poster

    Scruff's Avatar
    Join Date
    Mar 2013
    Location
    Londres
    Posts
    2,323
    Thanks (Given)
    33
    Thanks (Received)
    94
    Likes (Given)
    417
    Likes (Received)
    346

    Default

    Create your own invoice by all means.

    To prevent the duplicate Tax Point, just head it "Pro-forma Invoice", and keep it for your records as a cross-reference.
    We have a poverty of intellect....
    QDOS Referral Code http://www.qdoscontractor.com/code/QCL26507
    IPSE Referral Code http://www.ipse.co.uk/join/IPSE01396

  10. #20

    Fingers like lightning

    Lance's Avatar
    Join Date
    Sep 2013
    Location
    home
    Posts
    774
    Thanks (Given)
    9
    Thanks (Received)
    19
    Likes (Given)
    91
    Likes (Received)
    180

    Default

    Quote Originally Posted by openshac View Post
    Does that actually guarantee that a duplicate tax point is not created?
    No idea. I use the same invoice reference though. And only get paid once.

+ Reply to Thread
Page 2 of 4 FirstFirst 1 2 3 4 LastLast

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.