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Agent raising invoive on my Ltd's behalf

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    #11
    A number of agency's offer self billing arrangements.

    The following link covers some main aspects, including VAT.

    http://www.hmrc.gov.uk/vat/managing/...lf-billing.htm

    You should not raise your own invoice in addition, this is one of the conditions you agree to, being in this type of arrangement with your client.

    I hope this helps.

    Brett

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      #12
      Originally posted by Brett at Nixon Williams View Post

      You should not raise your own invoice in addition, this is one of the conditions you agree to, being in this type of arrangement with your client.
      You should not submit your own invoice, I agree, but as long as you keep the VAT Point straight (most easily done by mimicking their version of the invoice, which you treat as a Remittance Advice), how you maintain your own payment records is up to you. It has the additional benefit of highlighting the agency's frequent mistakes and miscalculations, especially around expenses.
      Blog? What blog...?

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        #13
        Originally posted by northernladuk View Post
        How can people can know so little about IR35 beggars belief.

        This is either utterly ridiculous or a troll.
        Hey buddy - I don't know what your problem is coming on here shillin at bods all the time.

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          #14
          My first contract was through them. First payment was late because I hadn't registered for VAT so apparently needed to raise my own invoices. Apart from that they were fine. Never heard from them since of course, despite the client asking me recently if I was available for another contract.

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            #15
            Originally posted by Freaki Li Cuatre View Post
            Hey buddy - I don't know what your problem is coming on here shillin at bods all the time.
            You'll get used to him, in fact I'm sure that you will get lots of helpful comments from him.

            Comment


              #16
              Originally posted by BigRed View Post
              You'll get used to him, in fact I'm sure that you will get lots of helpful comments from him.
              Still got a way to go, though
              Blog? What blog...?

              Comment


                #17
                Originally posted by Freaki Li Cuatre View Post
                Just accepted a role via an agency called Steria. They insist that this is how the client will be billed.

                Sounds a bit suspect to me - how does it sound from an IR35 point of view?
                Basic advice when running your own Contractor business - Self-Billing Invoices. <-- READ THIS.

                More discussion here.

                Remember also that unless you have specifically agreed to self-billing (by signing a self-billing agreement) then you must issue VAT invoices as normal whether the agency wants them or not.

                And this...
                ... the agency's frequent mistakes and miscalculations, especially around expenses.
                Personally I'm not happy where the self-billing is linked to electronic sign-off of timesheets and no paper trail to settle "computer says no" arguments.

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