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  • ALERT: VAT return >>> Issue when the session is closed on the trace of the real declaration

    Please be aware of a known issue when Extracting data on the Vat return ⇒ Actual behaviour/Summary In the case of : Creation of a VAT return in simulation mode. Extraction: everything is OK Change from simulation to real mode Extraction…
  • Webinar - Running a VAT Return - Recording available

    In this session you'll learn how to run through the wizard to generate your VAT Return and submit it online. This session has now taken place, but a recording is available: Open recording > VAT Return Handout.pdf
  • VAT Submission

    I am trying to submit a VAT Return in Sage 50 Accounts for one of my customers (for the December period). However when I get to the "Submit your Period" section the drop down menu for the VAT periods is completely blank (picture below). My customer submits…
  • Adding attachments to your VAT Return

    In Sage 50cloud Accounts v25.1 a new feature was introduced to help you with VAT audits and Making Tax Digital (MTD). If you need to make an adjustment to the figures on your VAT Return, you can now add supporting documentation to explain the adjustment…
  • MTD for charity vat returns

    How will MTD work for charities where all vat is not reclaimable? Will we have to post journals to the VAT accounts in Sage to adjust for partial exemption calculations