Self-billing

Under a self-billing arrangement it is the customer, rather than the supplier, who is responsible for raising the sales invoice for the supply made.

A customer can issue a self-billed invoice if the following conditions are met:

• •the supplier has agreed to accept self-billed invoices
• •the customer and supplier have a self-billing agreement in place
• •the customer using self-billing must meet these conditions:
• • ◦he must raise self-billed invoices for all transactions with that supplier for at least 12 months or for the duration of the contract
  • ◦the self-billing document must show the supplier's name, address and VAT registration number together with all of the other VAT invoice requirements - see the VAT invoice requirements guidance note for more information
  • ◦a new agreement must be created if the supplier's business transfers its business as a going concern to an new owner or the supplier changes its VAT registration number
  • ◦a list containing the name, address and VAT registration number of the suppliers who have agreed to use self-billing must be maintained
  • ◦self-billed VAT invoices must not be issued on behalf of suppliers who are not currently VAT registered

Self-billing is the most suitable invoicing arrangement in situations where it is easier for the customer to determine the value of a supply and / or the tax point date of the goods / services supplied.

It should be noted