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Post Info TOPIC: Invoicing/recording issues
Taxjunkie1


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Invoicing/recording issues
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Hi All,

I was asked a question by a potential client on invoicing and how to record some transaction here we go - he is self employed courier franchisee and agreed the following terms with his client

1.He rent vans from the client to carry out his daily runs

2.The client makes available fuel card facility to him to assist his cashflow

3.The van rental and fuel cost for the month is deducted his gross invoice amount.

should his client invoice him for this deduction? if not

how does he record the transaction properly using sage instant accounts to reflect this major monthly expenditures and to associate the transaction with his client?

Your views and opinion are welcome thank you.



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kjmcculloch83


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This sounds more like employment pretending to be self employment than a franchise.

Kris

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BKN Most Innovative Accountancy Firm 2012

Director and Co-Founder of The Bookkeepers Alliance

 
Taxjunkie1


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Posts: 5
Date:
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I see it leaning more towards IR35, i stand to be corrected as i sought clarity on this. Thank you Kris



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