Parity insist that I sign up to "self billing"

[7specialgems]

So, Parity insist that I stop sending invoices to them now and that I sign up to "self-billing", which I assume means that they take my bank details and work out how much I am owed based on my timesheets.

From their perspective I am sure that this is one less item of paperwork per contractor and a bit of a timesaver but from my (one's) perspective is this appropriate?

I wonder if this is a bit too "employee-like" from Hector's perspective?

[TykeMerc]

So, Parity insist that I stop sending invoices to them now and that I sign up to "self-billing", which I assume means that they take my bank details and work out how much I am owed based on my timesheets.

From their perspective I am sure that this is one less item of paperwork per contractor and a bit of a timesaver but from my (one's) perspective is this appropriate?

I wonder if this is a bit too "employee-like" from Hector's perspective?

Self billing is increasingly common (my current gig is self billed and I've had several others in the past that were), I believe the weight of opinion is it's fine on the employee indication front.
Parity will already have your bank details to pay your current invoices by direct methods, I can't even remember when in the over 20 years I've contracted that I was paid by cheque.

[TheCyclingProgrammer]

Self billing has no impact on your employment status, companies do it to reduce their admin overhead.

You should double check every invoice they issue though.

[northernladuk]

Quite a few threads on this here..

https://www.google.co.uk/search?q=se...m=122&ie=UTF-8

[Wanderer]

Self billing has no impact on your employment status, companies do it to reduce their admin overhead. You should double check every invoice they issue though.

Agreed. It's not an IR35 pointer.

Technically, you don't have to agree to it either but it's probably in your best interests to just accept it.

It does shift the burden of checking that invoices from the supplier to the contractor through and sometimes they "self bill" the wrong amount.

[cojak]

I have found that I get paid regularly and with consistency (no weird amounts that I have trouble reconciling) when I get self-billing.

There are some advantages to automated processes, if you insist to work outside of process, don't be surprised if you find yourself being forgotten as you fall into a gap.

[Scrag Meister]

I have had 2 contracts with self billing and to be honest it worked a treat as long as the approver was on the ball with the online timesheet system.

Never had any issues with payment except once when the approver and the proxy approver happened to be off on the same few days.

Go for it, it makes life easier.

[Martin at NixonWilliams]

As mentioned above, self-billing invoices are becoming more and more common, nearly all the agencies we see are now using them. From an accountants perspective they are usually easier and contain less discrepancies.

As mentioned above, double check all payments with your own records. It is easy for a time sheet to go missing etc.

No affect on employment status - Have a read of the IR35 guides on this site to understand the key factors.

I hope this helps.

Martin

[kevpuk]

Another Self-Billing Fan here.......previous gig was actually the first one I needed to raise my own invoices for, and was a shock to the system

[DirtyDog]

I did self-billing with Parity some years back with no issue.

Do they still require paper timesheets signed in triplicate?