Learn how to work with new starters, leavers and existing employees in the Manage Employees support hub. Topics include:
Dealing with starters
Dealing with leavers
Customise your employee list
Working Patterns
Update an employee's tax code…
Struggling with tax codes? Do you understand the differences between T0, T2 and T9? Attend this session and we'll get you up to speed.
Join us live on Monday 10 July 2023 @2pm
Book now >
I am trying to import an invoice from a 3rd party .IMP file into Sage 50, but I keep getting the error "line 7 does not contain compatible tax information". I have tried multiple different tax code combinations, and I am still having the problem. If I…
We are experiencing issues with Sage 50 Cloud Payroll after using the "All Employee Header Details File" template to import new starters into Sage. The issue also occurs when using the "Employee Details" template. The steps to recreate the issue are as…
Hi all, I've run my year end and am ready to start the new tax year. I have several employees who are not on the standard 1257L tax code, and who I have not received P9 or P6 notices for. Do I just leave the tax codes the same (they are not week 1/month…
In this session you'll learn about Brexit related tax codes, their use and how they impact your VAT Return. This session has now taken place, but you can catch up with a recording: Open the Webinar recordings article
Slides from this session:
Brexit…
Do you struggle with tax codes? Do you understand the differences between T0, T2 and T9? Attend this session and we'll bring you up to speed.
Join us for a live demonstration and the chance to ask a Sage expert your questions, on Wednesday October…
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.
Read…
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 >
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.
Find out more >
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 >
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 >
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 >
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…
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 our…
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…
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…
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 software…
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 >
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??
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 following…
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 webinar…
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 I go…
