Sage 50 Accounts

In this session we'll look at CIS Domestic Reverse Charge and how to process it in Sage 50 Accounts. This session has now taken place, but don't worry you can catch up with a recording: Open the recorded webinars article View slides from today's presentation…

Learn how to set up and process CIS in Sage 50 Accounts. CIS will be explored from both contractor and sub-contractor perspectives. This webinar has now taken place, but don't worry if you missed it, you can catch up with a recording View slides…

If you're a limited company and a subcontractor and you've requested a refund of CIS deductions suffered from HMRC, you should record any money received in Sage 50cloud Accounts to update your bank and CIS Tax Withheld nominal codes. Find out how >

If you're a limited company and a subcontractor and you've requested a refund of CIS deductions suffered from HMRC, you can record any money received as a bank receipt to update your bank and CIS Tax Withheld nominal codes. Find out more >

Bookings are now open for free, live webinars about CIS Domestic Reverse Charge VAT for Sage 50cloud Accounts. These are legislative changes that apply from 1 March 2021. Read more >

If you use Sage 50cloud Accounts and you're new to subcontracting workers under the UK Construction Industry Scheme, the CIS module can help you stay compliant. The module is quick to set up and makes it easy to: Verify subcontractors' CIS details…

As a result of new anti-fraud rules being introduced by HM Revenue and Customs (HMRC), the way in which VAT is charged on construction services changes from next Monday, 1 March 2021 . The good news is Sage 50cloud Accounts includes new features to…

Domestic Reverse Charge The way in which VAT is charged on construction services changes from 1 March 2021 - Read more > To assist with this new legislation, Sage 50cloud Accounts v26 and above has new tax codes: T21 to be used where CIS Reverse…

Bookings are now open for free, live webinars about CIS Domestic Reverse Charge VAT for Sage 50cloud Accounts. Theses are legislative changes that will apply from 1 March 2021. Alternatively you can watch a recording of the Webinar when it's convenient…

The way in which VAT is charged on construction services will change from March 2021, as a result of new anti-fraud rules being introduced by HMRC. With just over a month left to go till these changes come into play, it is crucial that if you are in the…

If you carry out construction work in the UK as a contractor and you're registered with the Construction Industry Scheme (CIS), the Sage 50 CIS v2 module for Sage 50cloud Accounts is here to help. It helps you keep up to date and compliant with Construction…

Bookings are now open for free, live webinars about CIS Domestic Reverse Charge VAT for Sage 50cloud Accounts. These webinars will run regularly throughout January, February and March 2021. The webinars cover: What the legislation changes are…

The way in which VAT is charged on construction services will change from March 2021, as a result of new anti-fraud rules being introduced by HM Revenue and Customs (HMRC). Read more >

The introduction of the domestic reverse charge for construction services will be delayed for a period of 5 months from 1 October 2020 until 1 March 2021 due to the impact of the coronavirus pandemic on the construction sector. Read more >

In March 2021, HMRC is introducing the Reverse Charge for VAT, which will be a major change to the way VAT is collected in the building and construction industry. You can find out more about what's changing in our CIS common questions guide , in the HMRC…

If you're working with CIS in Sage 50cloud Accounts, we've developed an online Support Topic to help you get to grips with this subject. We've published advice for both main contractors and subcontractors. Why not bookmark the topic today for future…

The way in which VAT is charged on construction services was due to change on October 1 2019, but after consulting with businesses in the construction sector, HMRC announced a 12 month delay to allow businesses to prepare. Read more >