In the latest version of Sage 50cloud Accounts (v27.2) Sage have introduced various new features, one of which is a new tax code being introduced – T14 for ‘Import of goods-No VAT’ which affects box 7, no VAT. We’re delighted to announce that our Sage 50 Accounts Support Community was instrumental in this new tax code being introduced, well done team!
So what else is new?
Sage has also introduced new features such as Brexit and EU VAT e-commerce package enhancements. This will be a great feature to support with endless changes in legislation!
The most popular feature they have introduced is Custom Alerts which comes into play when posting invoices and orders.
Sage have listened to their users and been active in responding to the most requested features, custom alerts being one of them.
Here’s a Summary
Here’s a breakdown of the new features for you:
- Custom Alerts when posting orders and invoices
- Support with the upcoming EU VAT eCommerce changes
- New VAT labels to show HMRC VAT Return changes
- VAT submissions headers
- Remote Data Access performance improvements.
If you get stuck or need advice with any of the new changes, the best place to turn to first is our Sage Facebook Support Communities.
We have also produced a free guide to support you with Brexit tax codes…
“Any advice relating to accounts or tax should be sought from your tax accountant. Sage Accounts Solutions Limited will not be held responsible for any loss or damage caused as a result of the information contained herein.”