Sage 50 Accounts

On 21 December 2021 the Government announced additional Coronavirus funding to support businesses in the hospitality and leisure sectors who've been most impacted by the Omicron variant. To find out how to account for grants received in your Sage 50cloud…

UK VAT registered businesses who had a VAT payment due between 20 March 2020 and 30 June 2020 were allowed to defer the payment until a later date, without paying any interest or penalties. If you meet the criteria specified by HMRC , which includes being…

If your office has been closed during the Coronavirus (COVID-19) crisis you may now be thinking about when to re-open. Whether or not you've been working on your accounts from home, there are several things you should do to ensure a smooth transition…

If your business is eligible, the Coronavirus SSP Rebate Scheme will repay statutory sick pay (SSP) to you for any current or former employees that you've paid Coronavirus-related SSP on or after Friday 13 March 2020. Find out how to account for this…

From mid-April HMRC are contacting businesses who may be eligible for the fourth grant under the Self-employment Income Support Scheme, to advise what date they can apply from. If you're using the scheme, our simple guide takes you step by step…

The deadline for applications for the third coronavirus Self-employment Income Support Scheme (SEISS) is 29 January 2021. If you're using the scheme, our simple guide takes you step by step through recording it in your Sage 50cloud Accounts. Read more…

On 5 January 2021 the UK Government announced a one-off grant to support UK businesses in the retail, hospitality and leisure sectors during the Coronavirus outbreak. We've created a Sage Knowledgebase article to explain how to account for any grants…

If your business is eligible, the Coronavirus SSP Rebate Scheme will repay statutory sick pay (SSP) to you for any current or former employees that you've paid Coronavirus-related SSP on or after Friday 13 March 2020. If you top-up your employee's pay…

If you claimed too much under the Coronavirus Job Retention Scheme, you can correct this in your next claim. Alternatively, you can notify HM Revenue & Customs (HMRC) and repay the money to avoid interest and penalties. For information about how to…

The Local Restrictions Support Grant (LRSG) supports businesses that were open and trading from their business premises as normal, but were then required to close for at least 3 weeks on or after 9 September due to local lockdown restrictions. For an…

On 24 September 2020, the Chancellor announced that businesses who deferred VAT due from 20 March to 30 June 2020 will now have the option to pay in equal instalments up until the end of March 2022, interest free. We've updated our article in line with…

The Kickstart Scheme is a £2 billion fund to create thousands of 6-month work placements across England, Scotland and Wales. It's aimed at 16 to 24 year olds who are on Universal Credit and deemed to be at risk of long term unemployment. Eligible 16…

The Coronavirus Bounce Back Loan scheme, launched on 4 May 2020, offers support to eligible businesses that have been negatively affected by coronavirus. The scheme is delivered via a number of accredited lenders. Read more >

If your office has been closed during the Coronavirus (COVID-19) crisis you may now be thinking about when to re-open. Whether or not you've been working on your accounts from home, there are several things you should do to ensure a smooth transition…

The UK Government has announced a new Coronavirus Self-employment Income Support Scheme to support the self-employed during the coronavirus outbreak. Under the scheme, the self-employed will receive up to £2,500 per month for at least 3 months. Read…

If you took advantage of the UK Government VAT deferral scheme, don't forget that VAT Returns with a payment due after 30 June must be submitted and paid as normal. If you normally pay by Direct Debit, don't forget to reinstate your Direct Debit at…

The Government has announced a new loan scheme to help UK small and medium-sized businesses. If you're planning to use the Coronavirus Bounce Back Loan scheme, our simple guide takes you step by step through recording it in your accounts. Read more…

Under the Coronavirus Job Retention Scheme, all UK employers can access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis. We've produced a guide to explain how to…

As a trusted partner to over one million UK businesses, we understand the impact the coronavirus (COVID-19) is having. We want you to know, we're here to help. To support you, we’ve developed a Coronavirus hub featuring: Webinars – Daily webinars…

UK VAT registered businesses who have a VAT payment due between 20 March 2020 and 30 June 2020 have the option to defer the payment until a later date, without paying any interest or penalties. Read more >