VAT affects all businesses in one way or another, whether you’re paying it, reclaiming it or sending your VAT Returns and settlements to HMRC.
Sage Accounts handles VAT for you, calculating the appropriate values for each transaction and collating these values into the VAT Return that you can easily submit to HMRC with your payment.
However, a big topic like VAT always generates questions and it's something you often ask us about here at Sage. Where your questions are very specific or linked to legal obligations, we may need to refer you to HMRC, but whenever we can, we strive to provide answers and share them online so you can quickly find them yourself.
Below are some of the handy tools that are available to help you with VAT in Sage Accounts, why not bookmark them today so they’re at your fingertips when you need them:
- Tax Code Finder – An interactive article that helps you find the correct tax code to use for different transactions.
- VAT Return in 3 steps – A video overview of how to create a VAT Return.
- The VAT Return option – How to create a VAT Return in Sage Accounts.
- A guide to VAT reconciliation – Standard VAT – Our guide to reconciling the figures on your Sage Vat Return.
- A guide to VAT reconciliation – Cash Accounting – Our Guide to reconciling the figures on your Sage VAT Return.
