What if I do not have a receipt/invoice?

[Jessica@WhiteFieldTax]

Receipts aren't the be all and end all of everything, and if push comes to shove so long as you can **evidence** a payment thats the key thing.

If HMRC suspect something is dodgy a receipt is only one thing they will look at. They will look behind it if necessary.

[kingcook]

You do the same as when you lose or misplace a receipt. You write it out yourself with an explanation ie the other party didnt issue one originally and this one is in lieu of it.

You dont need to go through the hassle of finding another person who will issue you one(which might be hard)!

Would that really work?

What would stop someone from writing out one of these for 6 months worth of services @ £300/day, done by "some stranger from the pub, don't know his name"?

[northernladuk]

Well, a sub contractor really.

Can we split this hair any further or are we done.

You say splitting hairs but the difference between employing him and the supplier option means the advice we give would have to be completely different. I don't see that splitting hairs.....

We are done now though

[Wanderer]

Actually, he's not employing anyone. He's paying a supplier.

Well, a sub contractor really.

Can we split this hair any further or are we done.

[TestMangler]

Write up a remittance advice is what I'd be inclined to do. Or just tell your worker that if he doesn't give you a receipt then he won't get paid. Oh and here's a receipt I prepared for you earlier, please sign it and I'll pay immediately. Sorted.



Well, at least he's actually employing a third party - that's a start.

Actually, he's not employing anyone. He's paying a supplier.

[northernladuk]

Well, at least he's actually employing a third party - that's a start.

Technically he isn't though, he just throwing a bung until he finds out how to do it properly but see what you mean.

This student wouldn't be related?

[Wanderer]

Would a remittance advice from the OP serve the same purpose BB?

Write up a remittance advice is what I'd be inclined to do. Or just tell your worker that if he doesn't give you a receipt then he won't get paid. Oh and here's a receipt I prepared for you earlier, please sign it and I'll pay immediately. Sorted.

Glad to see that you are employing the services of a third party with absolutely no clue about what you are doing. Fine example of running a business properly.

Well, at least he's actually employing a third party - that's a start.

[northernladuk]

Glad to see that you are employing the services of a third party with absolutely no clue about what you are doing. Fine example of running a business properly.

[cojak]

What if I do not have a receipt/invoice?

Would a remittance advice from the OP serve the same purpose BB?

[BolshieBastard]

I have a Barclays business current account for my pvt ltd company that provides consultancy services. I am using a college-student for some typing related work on an adhoc basis for my projects and paid him GBP 100 from this bank account.

I have an accounting package (Freeagent) linked to this bank account (came with Barclays business account at a small cost) that automatically captures these outflows from the bank account. However I do not have a receipt - he's a college student (and not an organized company) and does not give me a receipt. Do I need to send such receipts do HMRC when I file my tax return or would just declaring these invoices and showing the items in the bank statements suffice, along with me declaring the reasons against each item.

What is the process? thanks

You do the same as when you lose or misplace a receipt. You write it out yourself with an explanation ie the other party didnt issue one originally and this one is in lieu of it.

You dont need to go through the hassle of finding another person who will issue you one(which might be hard)!

[NotAllThere]

Give him a piece of paper to sign with every bit of work that he does for you. If he refuses to give you a receipt, find someone to do the work who will. For the rest of his receipts do what you've already suggested.

[dowjones123]

I have a Barclays business current account for my pvt ltd company that provides consultancy services. I am using a college-student for some typing related work on an adhoc basis for my projects and paid him GBP 100 from this bank account.

I have an accounting package (Freeagent) linked to this bank account (came with Barclays business account at a small cost) that automatically captures these outflows from the bank account. However I do not have a receipt - he's a college student (and not an organized company) and does not give me a receipt. Do I need to send such receipts do HMRC when I file my tax return or would just declaring these invoices and showing the items in the bank statements suffice, along with me declaring the reasons against each item.

What is the process? thanks