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Posted Tue, 29 Oct 2024 05:05:41 GMT by Robert Bassett
I am self employed via my own company, which is VAT registered. I am the only employee of the company and I work for multiple clients doing consulting. A new client (that is based overseas in Hong Kong, if that is relevant, my other clients are UK based) can only contract with me as an individual, not a company. If I invoice them personally for the work, can I still get the money paid into my business account, record the revenue in my company and use my company VAT number to pay the VAT? The combined money from this client and all my other clients will take me over the VAT threshold.
Posted Mon, 04 Nov 2024 10:54:48 GMT by HMRC Admin 21 Response
Hi,
If you are invoicing in your own name and not in the name of your VAT registered business then it is you as the sole trader who is making the supply to your customer.
You can therefore not record the details of the supply on your VAT registered company VAT return and the payments shouldn't be paid in to your company bank account as you as an individual have made the supply.
Please also see the guidance below:
Statement of Practice 4 (1983).
Thank you.

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