Why you should invest in professional development

If you’re like me you’ll always be looking for ways to improve your expertise or learn new things. If you struggle to get out of your comfort zone in order to learn new things then this can really hinder your chances of either your business being successful or you getting promoted in your current role. You don’t even need to … Read More

Upgrade Sage 50cloud Payroll v28.02 for National Insurance threshold increase

During the Spring Statement Rishi Sunak announced that the National Insurance threshold would be increasing to be in line with the income tax threshold (personal allowance). This will come into effect from 6th July 2022. The threshold will increase by £3000 and employees can earn up to £12,570 before having to pay National Insurance. In order to ensure that your … Read More

How to gain confidence in your area of expertise

When it comes to our areas of expertise, we can often feel insecure or uncertain. We may doubt our skills or worry that others will not take us seriously. It is essential to remember that these feelings are normal – and there are ways to combat them! In this article, we will discuss how to gain confidence in your area … Read More

Sage 50 Accounts & Sage 50cloud Accounts: Critical Software Update

Sage have announced that they will be carrying out some essential security updates. These updates will affect versions v26.2 of Sage 50 Accounts and Sage 50cloud Accounts and below.  These changes are being applied to comply with industry standard security measures, in order to protect Sage users and to make the software more sustainable. The security updates are due to … Read More

Can I show credits as a minus figure on Sage 50 Accounts layouts?

One common mistake made when people receive credit notes is that they mistakenly think they are an invoice as the document hasn’t been reviewed correctly or there is no clear distinction or difference between the invoice or credit note layout. Sound familiar?! Did you know it’s possible to edit your invoice layouts in Sage 50 Accounts to show credits as … Read More

Which Sage 50 tax code do I use for suppliers not VAT registered?

I posted a question in our free Sage 50 Accounts support group on a topic that I know causes much debate!  The question was: “What Sage tax code do YOU use for suppliers not VAT registered?!” The post had 106 comments!  So, what tax code should you use for suppliers who are not VAT registered? Should the amount, which has no … Read More

Changes to the Construction Industry Scheme (CIS)

If you’re a Limited company operating within the Construction Industry Scheme (CIS) you need to be aware of the changes coming into play as of this month (April 2022).  HMRC have introduced additional information that needs to be submitted with your Employment Payment Summary (EPS) which you must submit for any CIS deductions suffered as a subcontractor.  The additional information … Read More

What is the National Insurance Contribution Uplift?

From 6th April 2022 the Health and Social Care Levy will be coming into place. In order to fund the NHS and other health and social care sectors who have been impacted by the Coronavirus pandemic, national insurance contributions will have a levy applied to them of 1.25%. If you’re processing payroll HMRC recommend you make sure that your employees … Read More

Payroll Year End 2022

Sage have confirmed that they anticipate that the update for Sage 50cloud Payroll Bureau will be available soon. You will be notified via email and also in the Advice Centre when you access your Sage 50 software, so keep an eye out for these notifications. Here are some steps for you to take to prepare for your payroll year end. … Read More

Employment Allowance is increasing to £5,000

If you are in receipt of the Employment Allowance the good news is, that it’s increasing from April 2022. The maximum Employment Allowance is currently £4,000 but from April 2022 it will be increasing to £5,000.  Businesses who are eligible for the allowance will be able to claim more against their secondary Class 1 National Insurance liabilities. This means if … Read More