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

Useful Information regarding UK and EU Countries Transitions

If you move goods between the UK and countries within the EU, you will need to follow the new customs and tax rules. We understand how challenging it can be for many businesses, so we have outlined some information below to help you navigate and manage this change. Useful Resources HMRC have support available to help businesses understand the new … Read More

Why has Making Tax Digital (MTD) been introduced and what are the benefits?

HMRC are aiming to become one of the most digitally advanced tax administrators in the world. They have made significant changes to the way our tax system works to make it more efficient, effective and less complex in order to achieve this. The HMRC carried out live pilot testing in order to prepare for MTD. They invited some businesses to … Read More

Making Tax Digital – More Information

Making Tax Digital Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their accounts. HMRC’s plan is to become one of the most digitally advanced tax administrations in the world. MTD is making fundamental changes to the way the tax … Read More

The Budget 2018 for businesses

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The Budget 2018 has been announced. It will be the final one before the UK leaves the EU. It was put forward on Monday 29th October 2018 by Chancellor Philip Hammond. Here is what it means for businesses. Will I pay less income tax? 31 million people pay income tax in the UK –  18 million men and 13 million … Read More

Insurance Premium Tax (IPT) changes 2018

Here is what you need to know about Insurance Premium Tax (IPT) changes What is it? Although VAT is the most common form of tax, it’s not applicable on insurance — that’s where IPT comes in… There are two rates of IPT: A standard rate (currently 9.5%) which is applied to pet, motor, mobile, contents, buildings and private medical insurance … Read More

Sage Payroll Automated Payslips

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Printed. Posted. Hosted. Sage Payroll Automated Payslips Save costs on printing, postage and your time by using Sage Automated Payslips.

Payroll Starter Checklist

New starter checklist. HMRC’s P46 no longer exists and has been replaced by a starter checklist. If you have a new worker who has started with you, we would recommend you ask them to fill in this form (even if they have given you a P45).

Sage Payroll Tax Calendars

A handy printable calendar which displays the tax months and weeks in each tax year to help you with processing in your Sage Payroll software.