VAT change, how to invoice...

[davido140]

Just finished a project for a client,

Got a load of invoicing to do, some of the services were done by a sub contractor over the last 3 months, some at 17.5% VAT some at 15% VAT, physical goods isnt a problem, but for the services rendered should I be charging 17.5 percent for all the stuff in Oct/Nov and 15 percent for december or can I just whack it all down at 15% (make my life a lot easier, lots of lines on the invoices) because its being invoiced in Dec',

Cheers

Dave

[Gylen]

davido140 said:

Just finished a project for a client,

Got a load of invoicing to do, some of the services were done by a sub contractor over the last 3 months, some at 17.5% VAT some at 15% VAT, physical goods isnt a problem, but for the services rendered should I be charging 17.5 percent for all the stuff in Oct/Nov and 15 percent for december or can I just whack it all down at 15% (make my life a lot easier, lots of lines on the invoices) because its being invoiced in Dec',

Cheers

Dave

If I understand it correctly, any invoice rendered after the 1st of December, must be invoiced at 15% so I guess that makes your life easier

[hornetrider]

As far as I'm aware its from the date of invoice... so 15% the lot.

[JagLover]

Any work done 14 days or more before the invoice is issued is deemed to have taken place at a tax point of the date of supply of the goods or services.

However as a special transition measure this has been extended to 30 days.

Hence for invoices being raised now, you can account for Vat at 15% for any work on or after the 16th November. If the work took place before that date you MUST account for it at 17.5%.

Edited by JagLover on Tuesday 16th December 16:20

[_daveR]

Gylen said:

davido140 said:

Just finished a project for a client,

Got a load of invoicing to do, some of the services were done by a sub contractor over the last 3 months, some at 17.5% VAT some at 15% VAT, physical goods isnt a problem, but for the services rendered should I be charging 17.5 percent for all the stuff in Oct/Nov and 15 percent for december or can I just whack it all down at 15% (make my life a lot easier, lots of lines on the invoices) because its being invoiced in Dec',

Cheers

Dave

If I understand it correctly, any invoice rendered after the 1st of December, must be invoiced at 15% so I guess that makes your life easier

I had to invoice for two weeks work with one week @ 17.5% and one @ 15%. I just sent them two invoices at the end of the second week each with the corresponding VAT rate on. As I understood it, work done whilst the 17.5% rate was applicable must be charged at that rate.

[Gylen]

_daveR said:

Gylen said:

davido140 said:

Just finished a project for a client,

Got a load of invoicing to do, some of the services were done by a sub contractor over the last 3 months, some at 17.5% VAT some at 15% VAT, physical goods isnt a problem, but for the services rendered should I be charging 17.5 percent for all the stuff in Oct/Nov and 15 percent for december or can I just whack it all down at 15% (make my life a lot easier, lots of lines on the invoices) because its being invoiced in Dec',

Cheers

Dave

If I understand it correctly, any invoice rendered after the 1st of December, must be invoiced at 15% so I guess that makes your life easier

I had to invoice for two weeks work with one week @ 17.5% and one @ 15%. I just sent them two invoices at the end of the second week each with the corresponding VAT rate on. As I understood it, work done whilst the 17.5% rate was applicable must be charged at that rate.

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

[_daveR]

Gylen said:

_daveR said:

Gylen said:

davido140 said:

Just finished a project for a client,

Got a load of invoicing to do, some of the services were done by a sub contractor over the last 3 months, some at 17.5% VAT some at 15% VAT, physical goods isnt a problem, but for the services rendered should I be charging 17.5 percent for all the stuff in Oct/Nov and 15 percent for december or can I just whack it all down at 15% (make my life a lot easier, lots of lines on the invoices) because its being invoiced in Dec',

Cheers

Dave

If I understand it correctly, any invoice rendered after the 1st of December, must be invoiced at 15% so I guess that makes your life easier

I had to invoice for two weeks work with one week @ 17.5% and one @ 15%. I just sent them two invoices at the end of the second week each with the corresponding VAT rate on. As I understood it, work done whilst the 17.5% rate was applicable must be charged at that rate.

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

I'd ask my accountant tbh.

[Gylen]

_daveR said:

Gylen said:

_daveR said:

Gylen said:

davido140 said:

Just finished a project for a client,

Got a load of invoicing to do, some of the services were done by a sub contractor over the last 3 months, some at 17.5% VAT some at 15% VAT, physical goods isnt a problem, but for the services rendered should I be charging 17.5 percent for all the stuff in Oct/Nov and 15 percent for december or can I just whack it all down at 15% (make my life a lot easier, lots of lines on the invoices) because its being invoiced in Dec',

Cheers

Dave

If I understand it correctly, any invoice rendered after the 1st of December, must be invoiced at 15% so I guess that makes your life easier

I had to invoice for two weeks work with one week @ 17.5% and one @ 15%. I just sent them two invoices at the end of the second week each with the corresponding VAT rate on. As I understood it, work done whilst the 17.5% rate was applicable must be charged at that rate.

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

I'd ask my accountant tbh.

yeah - I don't even try and pretend I understand this stuff...That's what we pay them for.

[V8mate]

VAT should be charged according to rate in force at time of service delivery.

[Steamer]

V8mate said:

VAT should be charged according to rate in force at time of service delivery.

That would make total sense.

I only hope its right, I've just spent all day invoicing work that was done in Oct / Nov - so its all going out with 17.5% VAT.

[JagLover]

Steamer said:

I only hope its right, I've just spent all day invoicing work that was done in Oct / Nov - so its all going out with 17.5% VAT.

That is correct for invoicing re work done in Oct/Nov.

[JagLover]

V8mate said:

VAT should be charged according to rate in force at time of service delivery.

Assuming of course (as pointed out above) the date of the service delivery is more than 14 days from the invoice date (30 days as a transitional arrangement).

[touching cloth]

Yep, had a leaflet through and it said if the work was carried out in November then it's at the higher rate regardless of the date of the invoice. We work on monthly retainers for a number of clients, all got invoiced in early December but as work was wholly supplied for the month of November they were all still invoiced at 17.5%; our next round of invoices to be sent early Jan will be at the new rate obviously being for work 1 Dec onwards.

Edited by touching cloth on Tuesday 16th December 16:39

[davido140]

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

[V8mate]

davido140 said:

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

Why, after the answer has been given, do people add incorrect advice with the caveat "I think..."?

[Gylen]

V8mate said:

davido140 said:

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

Why, after the answer has been given, do people add incorrect advice with the caveat "I think..."?

You mean my answer? It's actually the first response and I was quite happy to be corrected. Then I asked a further question as it appeared that I had misunderstood the situation...

[V8mate]

Gylen said:

V8mate said:

davido140 said:

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

Why, after the answer has been given, do people add incorrect advice with the caveat "I think..."?

You mean my answer? It's actually the first response and I was quite happy to be corrected. Then I asked a further question as it appeared that I had misunderstood the situation...

No. Not yours. The one I quoted "I think..." from.

[Gylen]

V8mate said:

Gylen said:

V8mate said:

davido140 said:

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

Why, after the answer has been given, do people add incorrect advice with the caveat "I think..."?

You mean my answer? It's actually the first response and I was quite happy to be corrected. Then I asked a further question as it appeared that I had misunderstood the situation...

I thought he was the OP? Ach, I'm far too hungover for complicated quoting

No. Not yours. The one I quoted "I think..." from.

[V8mate]

Gylen said:

V8mate said:

Gylen said:

V8mate said:

davido140 said:

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

Why, after the answer has been given, do people add incorrect advice with the caveat "I think..."?

You mean my answer? It's actually the first response and I was quite happy to be corrected. Then I asked a further question as it appeared that I had misunderstood the situation...

No. Not yours. The one I quoted "I think..." from.

I thought he was the OP? Ach, I'm far too hungover for complicated quoting

Fair enough. Don't you just hate it when an OP's question is answered and he bl00dy ignores it and goes off on his own tangent?

[Gylen]

V8mate said:

Gylen said:

V8mate said:

Gylen said:

V8mate said:

davido140 said:

Gylen said:

Perhaps so...We don't really use sub-contractors but now I'm puzzled. How do you account for, for example, a protracted contract that covers six months or so of work with one invoice at the end? I thought it would just be the date of the invoice?

Precisely the situation I'm in !

I think its invoice 17.5 up till 15 Nov, then 15 after that date, pain in the arse really for business to business sales, nobody pays the bloody VAT anyway,

Why, after the answer has been given, do people add incorrect advice with the caveat "I think..."?

You mean my answer? It's actually the first response and I was quite happy to be corrected. Then I asked a further question as it appeared that I had misunderstood the situation...

No. Not yours. The one I quoted "I think..." from.

I thought he was the OP? Ach, I'm far too hungover for complicated quoting

Fair enough. Don't you just hate it when an OP's question is answered and he bl00dy ignores it and goes off on his own tangent?

No. I hate it when his question and the associated answers make me realise that I don't understand something I thought I did!!!