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Limited Company - Invoice from someone elses?

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    #11
    Originally posted by k2p2 View Post
    I think this could work.

    Contract is with ltd co.
    You are the supplied resource.
    You as yourself invoice the ltd co for your services.
    Ltd co pay your invoice.

    You then declare the income on your tax return and pay whatever's due.

    Or you could just go brolly!

    Edit: Obviously the Ltd co would have to file the appropriate accounts etc, so if company is currently dormant, it's probably not worth it.
    Yes, of course he could use someone else's limited co for a short period. But frankly why would you go this route? The tax implications alone are horrendous never mind handing over 'your' money to a completely unrelated, separate legal entity (someone else's ltd co) and trying to get it to give you 'your' money back!

    Sorry, but this suggestion is just sheer lunacy. IMVHO.
    I couldn't give two fornicators! Yes, really!

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      #12
      Originally posted by k2p2 View Post
      I think this could work.

      Contract is with ltd co.
      You are the supplied resource.
      You as yourself invoice the ltd co for your services.
      Ltd co pay your invoice.

      You then declare the income on your tax return and pay whatever's due.

      Or you could just go brolly!

      Edit: Obviously the Ltd co would have to file the appropriate accounts etc, so if company is currently dormant, it's probably not worth it.
      Another way:

      - contract between agency and someone else's limited company
      - when OP has a company in place, invoice the other Ltd for the work

      Not know what the OP is hoping to achieve, it's hard to say, though. If it's a "I need a company quick..." kind of question, then this would work - the only implication would be on VAT for the first company.

      Still don't know why you would bother, though.
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        #13
        It takes a day and under 20 quid to set up a company, at least as easy as sorting out that arrangement.
        bloggoth

        If everything isn't black and white, I say, 'Why the hell not?'
        John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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