Changes to the National Living and National Minimum Wage

Your Sage 50 Payroll update should be released in February/March time. This will be a mandatory update to get the legislation changes to the National Living and National Minimum Wage. National Living and National Minimum Wage During the Autumn budget the chancellor announced that there will be an increase in both the National Living Wage and the National Minimum Wage. … Read More

What is the Pomodoro Technique?

If you receive my weekly emails you will have read about the experience I had with the Pomodoro Technique a few weeks ago. Following the responses I received I thought I would share this with a wider audience. If you’re not subscribed to my mailing list then you can subscribe here to receive weekly updates. What is the Pomodoro Technique? … Read More

What tax code should I use for the ICO fee?

The amount you pay to ICO for your data protection fee depends on the size of your business. They also take into consideration your turnover and business structure. This can be any amount from £40 to £2,900. Is the fee subject to VAT? The ICO website states: “No. Statutory fees are outside the scope of VAT, so no VAT is … Read More

What’s new in V28 of Sage 50Cloud Accounts?

Sage have released v28 of Sage 50cloud Accounts. This version brings new and improved features to the software. There are also some things you need to consider before making the switch. What’s new? A new business dashboard which is customisable so that you can choose what key business information you want to view without having to run various reports There … Read More

How can Satago help me with my cash flow?

If there’s something we all hate doing, it’s chasing invoices! Let’s face it, we don’t want to have to chase people for payment, it’s awkward and not a good use of our time. Satago gives you the option to automate your invoice chasing by integrating with your email. You can set up automated reminders that have that personal touch, so … Read More

How we interpret data

We all interpret data in our own ways. For example I’m a visual person, I would much rather see a dashboard with images and graphs than a list of text. We’re all different and where one thing works for one person, it doesn’t always work for another.  Ask yourself, do you like graphs and pretty charts or black and white … Read More

What you need to know about Sage Salary and Supplier Payments

In just a few clicks within your Sage software you can securely pay all of your Salary and Supplier payments, but what are the benefits? Saves time and reduces errors Your staff and supplier payments can be submitted directly from your Sage software which means you don’t have to manually re-enter information such as bank details and it’s not necessary … Read More

Invoice basis or cash basis for VAT – what’s the difference?

When it comes to the time to register your business for VAT, whether that be because you’ve hit the threshold or that you are opting to register voluntarily, you need to decide whether it will be on an invoice or cash basis*. When we (Sage Accounts Solutions Limited) deliver training or are helping you to setup Sage, we have to … Read More

Changes for HMRC customers who pay VAT by Direct Debit

HMRC are in the process of changing their VAT services, this will mean that existing customers will need to be transferred over to a new IT platform. All customers who currently have a Direct Debit set up with HMRC will be affected. What action do I need to take? By law HMRC must have a valid point of contact for … Read More