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HMRC are withdrawing the ability to submit VAT returns by keying data into their online VAT account from 1st November 2022. From 1st November all VAT returns are required to be submitted using API enabled software. Please see below for the details by…
What's changing?
The temporary UK VAT rate of 12.5% for the hospitality, holiday accommodation and attractions sectors is coming to an end and will revert to the normal standard VAT rate of 20% from 1 April 2022 . You can find out more about the changes…
Please note there has been a mistake in published Finance feature for VAT Framework Posting: "VAT return posting and matching " in Release Notes for 2021 R3.
The matching was initially considered, but it has been removed from the scope for delivery…
Finance Round Up
Welcome back to the latest instalment of the Finance round up!
UPDATES
Firstly, although there are no functional updates this time, its worth noting that there are new versions of Syracuse for V11 and PU9. Please check this Alert…
Reported Incident
Product / Service Impacted
HMRC – MTD Services
Reported Impact
Customers are receiving an error message stating “Sorry there was an error connecting to HMRC” when creating a new MTD Return
Next Steps
HMRC hope to have…
HMRC have communicated wording changes to the UK VAT return, effective for submissions on or after the 8 th April 2021.
These changes are to the labels, i.e. to UI only and does not impact Sage X3 submission files.
The following wording, as provided…
