Welcome to the Sage 50 Accounts UKI Support Group on Community Hub! Available 24/7, the forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
Hi there, please can you advise what SAGE VAT code you use for business entertaing expenses, for example, a client dinner. This is a vatable expense, although for HMRC purposes the input VAT element is irrecoverable. My question is do you post the gross…
I am the intermediate supplier in a triangulated transaction. All parties satisfy the demands for the simplified procedure. I report our sale on the ECSL and do not report any of the figures on the VAT return as per VAT notice 725 section 13.7 step 6…
Our entity does not make 100% taxable supplies, which means that we are only able to claim a proportion of the UK input VAT paid as well as reverse charge input VAT on foreign goods purchased. Is there any way to set these tax codes up in Sage 50 Cloud…
