Invoicing for backdated VAT

[Bluebird]

I do lol!

at the bottom of my invoices it says

PAYMENT DUE FROM DATE OF INVOICE!

Its for 2.5 grand as well, and they had constantly been late in paying invoices. I've email them several times and got a 'we are looking into it' reply

You can't say "payment due from date of invoice2 - they will always be late.

What does it say in your contract ?

Better to say payment due on xx/xx/xxxx as per terms of contract - xx days from date of invoice.

[dotnetter]

You can't say "payment due from date of invoice2 - they will always be late.

What does it say in your contract ?

Better to say payment due on xx/xx/xxxx as per terms of contract - xx days from date of invoice.

Yeah true I need to dig out the contract really.

I think I'm putting enough pressure on them to deal with it by the end of the week, if it's not in my account by then I think I'm going to have to start doing soemthing about it.

[oraclesmith]

I attached a letter I got from the HMRC instructing me to collect the VAT from <client>. Seemed to do the trick. After all it is their money.

[dotnetter]

I didn't get a letter from HMRC my accountant advised me to do it!

[oraclesmith]

Well you could ask for their advice in writing and they have to respond in writing, which is what I did. If your client gets difficult you can always explain this to Her Majesty's VAT helpline. Sometimes these clients need to be reminded of their obligations to the Crown!

If you don't want to get HMRC involved, you could always get your accountant to produce something if they're onside.

[PAG]

Agencies are just earning interest on the money. simple.

[TheFaQQer]

Have a look at the Better Payment Practice website which tells you how to chase bad debt - that's effectively what this is, so you may as well charge them interest and penalties for not paying on time.

HTH,

Faqqer

[dotnetter]

Thanks for that, I looked through the site and sent an email informing the agency that the invoice is well over 30 days overdue and im within my rights to start charging interest.

See what they say i suppose.

[dotnetter]

Just got a reply saying it's will be cleared into my account by Friday!

[Bluebird]

great news, now all you have to do is supply your company details and we'll invoice you for our advice