What you need to know about the final Job Retention Scheme payment

The job retention scheme ended on 30th September 2021. Final claims for September should be made by 14th October 2021. For September you can still claim 60% of your furloughed employees wages for the hours that they have not worked. This is capped at £1,875 per employee per month. You will need to top up your employees furlough by 20% … 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

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

What is a pro forma invoice and what should it contain?

Pro forma invoices are often misinterpreted and not used enough as people don’t always understand what they should be used for. A pro forma invoice is an estimated bill so that your client knows what to expect. A pro forma is usually used to approve a payment prior to being invoiced for it. They are mostly used in larger businesses … Read More

IMPORTANT: support@sage.com email being retired

Sage (UK) Limited has taken the decision to retire the email address support@sage.com. They want to reassure everyone that support is still there via other means, as follows: Help Centre The Help Centre is a digital platform where you can explore trending topics and search for common questions and answers. You can also access guides which cover topics in more … Read More