An Agency operating a self billing system means they do not require an invoice to be submitted by the Contractor‘s Company and they will pay for services provided on submission of a timesheet.
If you are a Client who is classed as a “self biller”; you are still required for FW Accounting invoicing purposes to email a copy of your timesheet or your self- billing remittance to; email@example.com. Without this, our invoicing software is unable to calculate & deduct your VAT and Corporation Tax liability for the purpose of the tax reserve service, where applicable.
Please also remember to provide us with details of any changes to contract rates or end dates, to help ensure our records are kept up to date and we are producing invoices at the correct rates paid.
What Legal Issues Might Contractors Face?
From tax investigations to client disputes and defamation
Does Length Of Contract Impact Your IR35 Status?
Should contractors be wary about working for a client over a long period of time?
What Do Our Contractor Accountancy Packages Include?
All your accountancy needs and more, for one fixed fee.