Self-Billing Invoices for VAT-Registered Sole Trader Creators
VAT-registered creators on Lounges.tv can now update their profiles with business and VAT details to generate self-billing agreements. These agreements allow Lounges.tv to issue invoices, including VAT, to simplify tax filing.
If you’re a VAT-registered sole trader, please make sure your Lounges.tv profile is up to date. You’ll need to add your business details and VAT number in your account settings. Once this is completed, a self-billing agreement will be generated. This agreement allows Lounges.tv to issue your self-billing invoice before the end of the financial year.
Your self-billing invoice will include the VAT amount due to you, so you can easily file your taxes.
We’re Improving the Process
We’re always working to make things smoother and more transparent for creators. As part of this commitment, we’re rebuilding our wallet and payment system to give you a better, more reliable experience.
What’s Changing?
By Q3 2026, you’ll have access to a brand-new invoicing area directly in your Lounges dashboard. This upgrade will allow you to:
-
Download self-billing invoices for all your earnings
-
View and export account statements
-
Access all documents needed for tax filing
Everything you need—payments, earnings, invoices, and tax documentation—will be in one place, automatically generated for you.
During the Transition
While the new system is being built, we’ll continue to issue your documents manually to ensure you have everything you need. Until the updated dashboard goes live:
-
You can request an account statement showing all earnings and tax details
-
We will issue self-billing invoices for the amounts due
-
The official annual self-billing invoice will be provided before April 2026, with interim invoices available on request
Why Self-Billing?
Self-billing helps streamline the process for you by allowing Lounges.tv to issue invoices on your behalf. This means:
-
Accurate and consistent invoicing
-
Faster payment processing
-
Less admin work for you
-
Full compliance with UK VAT regulations
What You Need to Do
You only need to take action if you would like an account statement or an interim invoice. If so:
-
Contact our support team or your account representative
-
Share the email linked to your Lounges creator account
-
We’ll prepare and send your documents as soon as possible
Thank You for Your Patience
We know how important clear financial information is for creators. These upgrades are part of our commitment to supporting your growth and making tax and payment processes as simple as possible.
Thank you for your patience while we build a better, more seamless experience for you. We’ll share more updates as we get closer to launch.