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  • HMRC Downtime MTD - VAT - Saturday 9 December

    HMRC have announced scheduled maintenance, meaning the MTD - VAT service will be unavailable from 8am until 7pm on Saturday December 9 . You will not be able to submit VAT Returns from your Sage 50 Accounts software during this time. Read more >

  • Update - Making Tax Digital for VAT

    Great news! Client Management is ready to support you with Making Tax Digital for VAT. Connect or disconnect from HMRC using your Agent Services Account. Launch the VAT overview report page for your chosen client. Check out our 5 minute video…

  • 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

  • Irish Ltd Company now selling to UK B2C, How to handle ROS and MTD

    Sage 50cloud Accounts Professional V27.2 Setup as a Republic of Ireland Limited Liability company with Irish VAT Rates. Now selling Business to UK Consumer (excluding NI) We now need to register for UK vat through our Irish Company as we do not…

  • ALERT: HMRC Online VAT account withdrawn from 1st November 2022

    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…

  • Error code - TAX_PERIOD_NOT_ENDED

    When submitting your VAT Return for MTD, this error code can appear. Typically this happens if the relevant tax period has not yet ended, if you've selected the incorrect period to submit or if you try to submit your VAT Return too early. You can resolve…

  • ALERT: Changes to VAT on Hospitality, holiday accommodation and attractions in the UK coming into effect 1st of April 2022

    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…

  • HMRC planned downtime

    HMRC have advised that due to scheduled maintenance the MTD VAT online services won't be available between 4pm Friday 14 January 2022 and 9am Monday 17 January 2022. This means you won't be able to submit returns online during this time. Find out more…

  • Voluntary VAT registration and Making Tax Digital

    From April 2022, Making Tax Digital (MTD) is being extended to all VAT registered businesses, including those who are voluntarily VAT registered with a VATable turnover below the VAT threshold. If this affects you, you can read more and find out how…

  • ALERT: Update to X3 2021R3 (V12 P27) Release note, Finance section, VAT posting

    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…

  • HMRC VAT MTD Service - Issue now resolved

    HMRC reported that their VAT MTD service was unavailable on Monday 19/04/21. This situation is now resolved.
  • The Finance Round-Up #3

    The Finance Round-Up #3

    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…

  • HMRC MTD Issue Reported - UPDATED 18.03.21

    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…
  • Post-Brexit description changes for VAT boxes

    Post-Brexit description changes for VAT boxes

    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…

  • grant authority for this software to interact with HMRC request

    why do I get the message grant authority for this software to interact with HMRC when I am submitting my return? I am MTD enabled - this has happened previously but cant remember how it was resolved.

  • Importing journals to Sage

    FormerMember
    FormerMember
    My team has many journals linked to excel working papers which are uploaded for, amongst other things, recording sales. The values are coded correctly for P&L/BS treatment but does anyone know how journals can be posted to then impact the VAT return?…

  • MTD VAT tax entry not picking VAT registration number

    We are on Sage X3 V11 Patch 10. Patched so that client can be able to comply with MTD requirements for British legislations. We have set everything up and we are happy with the numbers however when we go to VAT form entry screen and select the company…

  • Sage 50 Making Tax Digital: What You Need To Know

    Making Tax Digital (MTD) has graced our presence for the best part of a year, coming into fruition for most businesses since April 2019. By now the world and his dog should be aware of MTD! However, for those of you who are still wondering what it's all…

  • Editing receipts for 1st MTD

    We are about to make our 1st MTD VAT submission and i have been transferring months worth of hand written ledgers on to sage. Edited a few bank receipts today using the steps from the transactions menu and ran a tax analysis report which seems to show…

  • Sage Business Cloud asked me to submit my first Monthly VAT return with two months worth of transactions in one submission

    FormerMember
    FormerMember
    Hi All I applied for my company to be VAT registered on 2 May 2019 and subscribed to submit VAT return monthly as the Company would expect repayment on every VAT return. I only received my VAT registration number on 26 June 2019. As the deadline for…

  • Making Tax Digital - VAT Submission Issues

    To help your Making Tax Digital submission run smoothly, we've compiled a short list of articles that address the issues Sage customers have reported. https://ask.sage.co.uk/scripts/ask.cfg/php.exe/enduser/std_adp.php?p_faqid=45137

  • MTD for VAT Groups

    Hi, How can we produce a VAT return based on a group of companies? We have multiple companies in Sage with the same VAT code, and can only generate a VAT return per company. Does the new functionality allow for VAT group submissions?

  • Change supplier Invoice & Credit entry screens in respect of Gross calculation & EC Supplies

    For a long time now Sage users have been processing supplier invoices against EC Suppliers & as part of this if it is against a (usually) taxable supply you would select tax code 8 (E C Standard rate at 20%). This is to allow for the notional tax to be…

  • 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…

  • Sage 50 VAT submission not working

    FormerMember
    FormerMember
    Hi, is there a problem with VAT submission via Sage 50C? I joined the MDT scheme last quarter and managed to submit VAT directly from Sage on 1 Feb. However this time the Sage gets stuck while trying to communicate with HMRC. Anyone experiencing the same…

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