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  • Tip - Ensure your VAT Return is accurate

    Before you run your VAT Return, it's useful to check for non-standard tax codes on your sales and purchases.

    This can highlight transactions where an incorrect tax code may have been used. It's quick and easy to do in the Accounts audit option.…

  • VAT - Get to grips with tax codes

    If you're unsure which tax codes affect which area of your VAT Return, why not use our quick guide to help you get your VAT right every time.

    Read more >

  • VAT - Get to grips with tax codes

    If you're unsure which tax codes affect which area of your VAT Return, why not use our quick guide to help you get your VAT right every time.

    Read more >

  • VAT - Get to grips with tax codes

    If you're unsure which tax codes affect which area of your VAT Return, why not use our quick guide to help you get your VAT right every time.

    Read more >

  • VAT - Get to grips with tax codes

    If you're unsure which tax codes affect which area of your VAT Return, why not use our quick guide to help you get your VAT right every time.

    Read more >

  • Employee tax codes

    There are a number of different tax codes currently in use, with different effects on the tax calculations. Sage Instant Payroll automatically calculates tax based on the tax codes, and you can't override these calculations.

    Find out more

  • Employee tax codes

    For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means that the emergency tax code for 2021/22 is set to 1257L, and your clients will need to update some of their employee tax codes.

  • Employee tax codes

    For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means that the emergency tax code for 2021/22 is set to 1257L, and you'll need to update some of your employee tax codes.

  • Update your employee tax codes

    For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means there has been some changes to tax codes for employees

     Find out more >

  • Update your employee tax codes

    There are a number of different tax codes currently in use, with different effects on the tax calculations.

    Sage Instant Payroll automatically calculates tax based on the tax codes, and you can't override these calculations.

    Find out more >

  • Update your employee tax codes

    For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means there has been some changes to tax codes for employees

     Find out more >

  • Update your employees tax code

    For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means there has been some changes to tax codes for employees

     Find out more >

  • Brexit - A guide to tax codes - before and after 1 January 2021

    To help you process transactions with the EU post Brexit, we've created a quick guide focussing on the most common scenarios to show tax codes before and after 1 January 2021 in Sage 50cloud Accounts 27.1 and above.

    Read more >

  • Frequently asked questions about Sage 50cloud Accounts in the new calendar year

    We've collated the questions that come up frequently at this time of year and linked them to answers in the Sage Knowledgebase. Topics include:

    • Year end
    • Transaction dates
    • Tax codes
    • Tidying up your accounts
    • Top customer and supplier information

  • VAT Imports and exports from January 2021

    If you're a Republic of Ireland based business, trading with the UK, the tax codes you use when posting imports and exports may have changed now the Brexit transition period has ended.

    For general guidance on which tax codes to use for imports and…

  • VAT - Imports and exports from January 2021

    If you're a UK business trading with the EU, the tax codes you use when posting imports and exports may have changed now the Brexit transition period has ended.

    For general guidance on which tax codes to use for imports and exports, take a look at…

  • Date sensitive tax codes

    The new date sensitive tax code option allows you to enter an effective from date when applying a tax code change for an employee.

    This means when you receive a tax code notification from HMRC advising to change the code on a specific date, Sage 50cloud…

  • Date sensitive tax codes

    The new date sensitive tax code option allows you to enter an effective from date when applying a tax code change for an employee.

    This means when you receive a tax code notification from HMRC advising to change the code on a specific date, Sage 50cloud…

  • Tax Code Prefixes - automatically adjust based on country

    Currently, the tax codes generated using the employee statements on the starter checklist are always English ones - lacking S or C prefixes. This happens even if the employer's address and the employee's address are both Scottish or Welsh.

    The…

  • Tax codes to use for popular goods and services

    If you're VAT registered, it's important that your transactions have the correct tax codes against them, to ensure your VAT Return is accurate.

    You can find a summary of Tax Codes to use for popular goods an services here >

  • Newly added taxes do not show up

    I just added PST & QST to my tax codes. When I created a new invoice it allows me to select them but it doesn't show it in my total.

    Example:

    Invoice #1

    Product $2.00

    QST $1.00

    Grand Total $2.00 (I need it to say $3)

    How do I fix this??

  • Tax rates to use in Sage 200cloud

    If you're VAT registered, it's important to apply the correct tax rates in your accounts. The following article outlines some popular goods and services and the tax rates that apply:

    Tax rates for popular goods and services

    You can also use the…

  • Webinar: Understanding tax codes

    What’s the difference between T0, T2 and T9?

    After attending this webinar you’ll know. The webinar examines the default tax codes and their uses within Sage Accounts and explains how to set up additional codes or amend existing ones.

    The…

  • Making a new GST Tax Code link to "GST Paid on Purchases" in Balance Sheet

    Hi There,

    I've just added a new tax code in Sage (GI - GST 5% included). I've edited the appropriate details through the magnifying glass such as "tax % = 5, Status = taxable, Included in Price = yes, Refundable = yes).

    For some reason, when…