RBS IB London

[Integrity]

If you use automated billing you don't get a chance to write your own invoices...

One of the reasons I never use automated billing...

When you refer to Automated Billing, are you talking about "Self-Billing" where you would get your clients to write your invoices on behalf of your businesses?

Software packages should allow two seperate entries on an invoice. For a discount to be applied, you would typically have a single line with a positive price (The List Price), and a single line for the Discount (with a negative value).

[Xenophon]

rates are being cut 10% across the board for all staff, including existing.

Not all areas of RBS are cutting contractor rates.

[ratewhore]

One of the reasons I never use automated billing...

[Lockhouse]

If you use automated billing you don't get a chance to write your own invoices...

[HairyArsedBloke]

What an excellent idea

Rub it in at every occasion.

[Integrity]

Just remember that when you include it on your invoice, record it as a 10% discount applied to the start rate that you business charges your client. At least this way it will never be forgotten.

It is a good idea to do this generally, even if the initial quoted fees are negotiated down due to market conditions.

There are too many times where after agreeing a reduction, the reduced amount is soon considered the normal amount, and then used as the basis for reducing it further.

Basically, if you ask for £500 per day as standard fees, and agree to do the project at £450 per day.

Write the invoice as:
Consulancy Fees 5 x £500
Discount applied to Consultancy fees = 5x £50

Net = £2250 + VAT

Just remember, it is a Discount, so treat it as a Discount - everyone else does.

Integrity

[Hex]

Is that a good IR35 pointer?

I wondered that.

The Resource Solutions RBS contract used to be an IR35 fail but that was 2 years ago, I believe it has changed a bit since then, but I don't know if it any better IR35 wise.

[BrilloPad]

rates are being cut 10% across the board for all staff, including existing.

Is that a good IR35 pointer?

[dude69]

rates are being cut 10% across the board for all staff, including existing.

[Lockhouse]

Hi,

Any idea what the direct RBS contract is like WRT IR35? IIRC isn't it Resource Solutions?

Ta