End of tax year - question for my British chums
Thread poster: OlafK

OlafK
United Kingdom
Local time: 15:18
English to German
+ ...
Mar 24, 2003

No, actually for those of you living and working in the UK. Do you ever hold back invoices at the end of the tax year, i.e. do you send invoices for work completed in March after April 5?

 

Libero_Lang_Lab  Identity Verified
United Kingdom
Local time: 15:18
Member (2006)
Russian to English
+ ...
Yes! Mar 24, 2003

A tried and tested strategy if you think you\'re looking to carry over taxable earnings for a year.

 

xxxMarc P  Identity Verified
Local time: 16:18
German to English
+ ...
Is this legal? Mar 25, 2003

Hi Olaf,


I read somewhere (I think it may have been in the ITI Bulletin, but I\'m not sure) that this is illegal in the UK. Having said that, I don\'t see how the tax authorities would know when you actually did the work.


I am notoriously slow at writing invoices, and I get lots of calls from my customers at the end of December, begging me for them. icon_smile.gif

Marc


 

OlafK
United Kingdom
Local time: 15:18
English to German
+ ...
TOPIC STARTER
I can't see how it can be illegal Mar 25, 2003

I actually state the delivery date on my invoices but if I forget to write an invoice, well, I am a very busy man. Clients often \"forget\" to pay too. These things happen. I am not talking about huge amounts of money or several months worth of jobs, just the last couple of weeks maybe. I like the idea of clients begging me to send them invoices, I think I\'ll try that.

 


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End of tax year - question for my British chums

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