This notice cancels and replaces Notice 700/62 (September 2014).
1.1 What this notice is about
This notice is about the VAT treatment of self-billing. Self-billing is a commercial arrangement between a supplier and a customer in which the customer prepares the supplier's invoice and forwards a copy to the supplier with the payment.
You may only issue self-billed invoices to your suppliers if—
— they've agreed to this method of accounting
— you have set up a self-billing agreement (section 3)
— you follow the rules set out in paragraph 4.1.
You do not need to seek HM Revenue and Customs' (HMRC's) authorisation to operate self-billing.
Main narrative treatment—V3.523.
1.2 What's changed
HMRC has updated the September 2014 edition to comply with the latest style guidelines of GOV.UK.
Section 3.1 has guidance added to clarify the requirements for self-billing agreements.
Section 6.4 has been updated to confirm the responsibility of self-billees for accounting for output tax.
1.3 Who should read this notice
This notice is written for customers who operate, or wish to operate, self-billing with their suppliers and for suppliers who accept, or wish to accept, self-billed invoices from their customers.
|If you are a…||I see especially sections…|
|customer who issues, or who wants to start issuing self-billed invoices to your suppliers (in other words, you are a self-biller).||2-5 and 7-8|
|supplier who has a customer that issues, or wants to issue, you with self-billed invoices (in other words, you are a self-billee).||6 and 7-8|
1.4 Law covering this notice
The relevant law is—