Employee or Sub-Contractor?

When deciding to take on a new member of your team it’s important to weigh up the options available to you. If choosing to take on a freelancer rather than employ then there are factors which you need to consider. Will the sub-contractor be providing their services to you through a limited company, partnership or unincorporated association? If the answer … Read More

What’s new in V27.2?

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 … Read More

What VAT Code should I use for bank charges paid?

At Sage Accounts Solutions we get so many questions about tax codes. We’ve had lots of recent questions arise in our Facebook Groups too, where like minded Sage users hang out and help each other with queries just like this. If you’re not already a member, then please join us! What code should you use for bank charges paid? It … Read More

What Sage 50 VAT tax code should I use for toll charges?

VAT can be a complex topic and what VAT codes to use in Sage 50 Accounts can be confusing. If you’re not sure what VAT tax code to use in Sage 50 for the toll charge expenses your business incurs, you’re in the right place as we train and support users of Sage 50! Here we explain exactly what VAT … Read More

What’s new in the Sage 50cloud Accounts and Sage 50 Accounts v27.1 release?

Following the release of the latest version of Sage 50cloud Accounts and Sage 50 Accounts, v27.1, we thought we would put some facts together for you about what’s new. What’s new in Sage 50 Cloud Accounts? The new upgrade gives you assistance to ensure that you are Brexit compliant, with the introduction of new tax codes. Download our latest Post-Brexit … Read More

Christmas gifts for the accountant

Christmas gift ideas for the accountant & bookkeeper   Limited Edition Selina-Jayne mug set Surprise the accountant in your life with one of these limited edition mug sets. Limited Edition – Exclusive to Selina-Jayne Designs One Mug 92 mm High 80 mm Diameter Ceramic Robust Mug Totally Dishwasher Safe One High Gloss Coaster 100mm x 100mm with Hardwood Back   … Read More

HMRC send out making tax digital letters

Have you received a letter from HMRC about Making Tax Digital? If so, you’re not alone. About 200,000 HMRC Making Tax Digital letters have been issued to businesses to let them know about the new service and how VAT record keeping and the way that VAT returns are submitted will change from April 2019. HMRC has sent the first 20,000 … Read More

Making Tax Digital-Are you ready?

calculator and pen on white background with mtd sign on top

Making Tax Digital – Are you ready? With the ever looming deadline approaching, 1 April 2019, VAT-registered businesses in the UK will need to submit their VAT returns using “functional compatible software”, as part of HMRC’s Making Tax Digital (MTD) plans. One thing to remember is that from April 2019, if your VAT turnover is above the VAT threshold (currently … Read More

Sage One is now Sage Business Cloud Accounting

Black screen showing green text sage business cloud

Sage One is now known as Sage Business Cloud Accounting  It offers everything for managing your accounts, payroll, payments, and your people. You no longer have to find the right product – just pick the options you require and the ones that meet your business needs.   Overview Create and send invoices in moments, reduce manual administration and its now … Read More