Just landed a gig with these - how does this weekly thing / self billing work with them ?
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Hays IT
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If you are a limited company you don't have to agree to self-billing. You can continue to send in a monthly invoice. -
Self billing is really easy (although I'm not with Hays).
With me I complete my timesheet, get it signed on the Monday morning. If the agency has it by noon then I will get the money in the bank that Friday.
Simple as that. No need to raise any paper work yourself, I think they work solely from the timesheet.Comment
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Don't you still have to raise invoices for vat / accountantcy purposes ?Originally posted by FiveTimes View PostSelf billing is really easy (although I'm not with Hays).
With me I complete my timesheet, get it signed on the Monday morning. If the agency has it by noon then I will get the money in the bank that Friday.
Simple as that. No need to raise any paper work yourself, I think they work solely from the timesheet.Cenedl heb iaith, cenedl heb galon
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I decided against it when offered - it achieved nothing at all. Still send them a timesheet & invoice each week.
I seem to remember when I looked at it, that I would still have to create invoice anyway & put stuff in post to them - so I rejected it.Comment
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I’ve been self billed for 2 years, I just add my hours online and they send me a numbered invoice receipt with VAT and dates etc included even though I don't actually raise one myself.Originally posted by Bluebird View PostDon't you still have to raise invoices for vat / accountantcy purposes ?
I just scan it and send that to the accountant.
I'll be asking how to invoice soon as I’ve never had to before!Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
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I'd bill Hays weekly, less chance of them messing it up and less money outstanding.Originally posted by OrangeHopper View PostIf you are a limited company you don't have to agree to self-billing. You can continue to send in a monthly invoice.Comment
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I've not had a single problem with two different systems (Modis & Elan) I also bill and get paid weekly, whats there to be scared of?Originally posted by Epiphone View PostI'd bill Hays weekly, less chance of them messing it up and less money outstanding.Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
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I don't like how Hays IT bully you into joining 1 of 4 umbrella companies.
I want to use mine and they won't let me.
So I contacted one of the companies for a quote based on what I was currently earning and using the same amount in expenses,
They said that I could claim up to £21 a day in unreceipted items whether I spent it or not and they added the "extra" to the calculation. Then said how often do I want to be paid. Apparently to be paid weekly It would cost me more than what I am paying my currently umbrella company.
Yes the take home pay was alot more in their final calculation. But it seemed far too dodgy.
Rather to play safe than sorry, so it was a no thank you and I got a contract else where with another agency.
Regards
LeeComment
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Not at all, you tell Hays your VAT number and they will raise an invoice to the client for the "correct" amount.Originally posted by Bluebird View PostDon't you still have to raise invoices for vat / accountantcy purposes ?
You will receive a copy of this, and just take a copy to the accountant and bosh job done.
It really is that simple, like ginger says its harmless and easy.Comment
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