Originally posted by amanwhoisquiet
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Broken self billing system what are my options"
Collapse
-
Originally posted by PerfectStorm View PostYeah, self billing is just an agency doing you a favour
Leave a comment:
-
To be fair it is never enforced. I've worked in recruitment (back office) for 20 years and we have always self billed whatever agency I have been with. Even when we have had HMRC audits this was just ignored as long as not abused. One of the few times HMRC just accept the situation on the ground and don't care about the paperwork trail.
Leave a comment:
-
Originally posted by RyanDS View PostAhem:
If you are a VAT registered supplier
Setting up a self-billing arrangement
If one of your customers wants to set up a self-billing arrangement with you, they’ll ask you to agree to this in writing. If you agree, they’ll give you a self-billing agreement to sign.
The terms of the agreement are a matter between you and your customer, but there are certain conditions you’ll both have to meet to make sure you comply with VAT regulations.
For VAT purposes you’ll have to do all of the following:
sign and keep a copy of the self-billing agreement
agree not to issue any sales invoices to your customer for any transaction during the period of the agreement
agree to accept the self-billing invoices that your customer issues
tell your customer at once if you change your VAT registration number, deregister from VAT, or transfer your business as a going concern
Odd though as my last contract was self-billing and no such agreement was signed.
I still raised invoices in FreeAgent though just didn't send them.
Leave a comment:
-
Originally posted by Lance View PostBulltulip.
If you are a VAT registered supplier
Setting up a self-billing arrangement
If one of your customers wants to set up a self-billing arrangement with you, they’ll ask you to agree to this in writing. If you agree, they’ll give you a self-billing agreement to sign.
The terms of the agreement are a matter between you and your customer, but there are certain conditions you’ll both have to meet to make sure you comply with VAT regulations.
For VAT purposes you’ll have to do all of the following:
sign and keep a copy of the self-billing agreement
agree not to issue any sales invoices to your customer for any transaction during the period of the agreement
agree to accept the self-billing invoices that your customer issues
tell your customer at once if you change your VAT registration number, deregister from VAT, or transfer your business as a going concern
Leave a comment:
-
Originally posted by PerfectStorm View PostYeah, self billing is just an agency doing you a favour and keeping things in a way that is accurate to their records, but I doubt it's legally binding that you must use it in all circumstances
And if the OP wants, he can draw up his own timesheet, get his Mgr to sign it and send it in with an invoice. Job done.
Leave a comment:
-
Originally posted by pauldee View PostCan you not just send them an invoice?
Leave a comment:
-
Originally posted by pauldee View PostCan you not just send them an invoice?
I see this a lot where clients dictate how they want to be invoiced, even down to systems that charge for their use. Surely any kind of invoice is as equally binding? I send you an invoice, you pay it - it doesn't matter what format it's in. Or am I missing something?
Leave a comment:
-
Can you not just send them an invoice?
I see this a lot where clients dictate how they want to be invoiced, even down to systems that charge for their use. Surely any kind of invoice is as equally binding? I send you an invoice, you pay it - it doesn't matter what format it's in. Or am I missing something?
Leave a comment:
-
Originally posted by Old Greg View PostAnd as you appear to be from Limerick, you presumably have persuasive relatives who can put the frighteners on them.
Leave a comment:
-
Originally posted by Lance View Postbut as you've not been paid I'd be inclined to cross that bridge.
I'd just tell them that XYZ Agency is X days in arrears on their payments to you, that they are telling you it is a timesheet problem but timesheet problems don't pay your bills, and it may end up being a problem for your ability to continue in the contract if it continues. You wanted them to be aware of it.
Leave a comment:
-
Originally posted by luimneach2005 View PostMy agency uses a self billing worksheet system. It's not been working for the last four weeks and I have been unable to bill. My client is abroad so my outlays are high. There has been no movement forward. I need those payments and I need them quicker than 2-3 months. What options do I have to submit a backdated invoice?
The contract constrains me to the timesheet system but if there isn't a working timesheet system what's our rights to be paid?
I should mention there were delays at the start of this too of up to a month because of their new system. it's one of those agencies that charges you % to get your money earlier but they have delayed mine through their lack of service to the point it's become an issue.
HELP
Leave a comment:
-
Agree with the IPSE assistance.
I'd also discuss with the client as the agency relationship is 2-way, and if they're having financial troubles the client need to be know. Strictly speaking you shouldn't discuss agency business with the client but as you've not been paid I'd be inclined to cross that bridge.
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: