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I have recently imported a vehicle to NI from EU, submitted the NOVA and have received word of a VAT liability. What is my best way to account for this? Just add as an adjustment to Box 2 and Box 4 of the next VAT return, or are there journals I should…

Hi. I am trying to reconcile my VAT however have a difference between the total of NC 2200,2201 & 2202 and my VAT return outstanding at the time of TB being run. I have checked payment postings and all is correct (I thought a mis posting threw it out…

Good afternoon, I wonder if you can help me. We have a customer in Northern Ireland who we deliver goods to. When I ran VAT return, the VAT element of those invoices is not on VAT return (it is thought included in TB-2200), therefor I always have a…

Learn how to run through the wizard to generate your VAT Return and submit it online. This session has now taken place, but you can catch up with an earlier recording:

Hello. Newb here, relatively. I entered all my VAT period purchases. I then found a couple of extra VAT purchase invoices and added them. The extra VAT claimed does not appear in the VAT calculation. Manually added, my VAT reclaim comes to £512.52,…

If you're VAT registered, you'll need to manage VAT transactions and complete / submit your VAT Return. The Help Centre has a series of knowledgebase guides and videos to help keep you on track. Topics include: Registration and schemes The VAT Return…

Learn how to manually reconcile your VAT Return in Sage 50 Accounts. This session has taken place, but a recording is available:

Has anyone noticed within Sage Business Cloud Accounting on the summary page it does not remove the VAT liability. Normally this removes from the cashflow when it is paid. Today I have noticed that it is deducting on cashflow out, then it appears again…

I have completed 10 VAT returns and every time I do, every single transaction appears in the verification results summary for transactions "not using your most commonly used tax code". Is there a way to tell Sage what my most common tac code is so it…

Learn how to work through the wizard to reconcile and submit your VAT Return online. Join us for a live session on Monday 24 July @2pm Book now >

Hi How do I defer claiming Input Tax on Imports to the period that the Freight Forwarder paid it to SARS in line with VAT regulations?

Hello, I currently use Sage Instant Accounts and need to change a nominal code Vat rate as it is currently excluding this transaction from the VAT calculation, is this possible? It’s code 0050.

Join this session to understand which reports to run to reconcile your VAT figures prior to submission. This session has now taken place but you can catch up with a recording instead: Open the recording > Slides for this presentation: VAT Reconciliation…

My company is non VAT registered so I'd like all transactions (purchases or sales) to default to No VAT on posting (default is 20%). Under Financial Settings there is a VAT section and default scheme is Standard. When I try to change this to Not Registered…

When trying to extract UK VAT Return using the offline form and mode simulation no values are returned. Using function VAT Return(GESVFE) to extract

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

In this session you'll learn how to run through the wizard to generate your VAT Return and submit it online. Join us for a live session on Thursday February 2 @ 2pm Open the webinar booking form > Not available for the live session? A recording…

Is it possible to create an invoice for product where part of the price is charged 0% VAT and part of it charged at 1/6th as per the Government margin scheme . Then send customer an invoice showing totals only e.g. For a product sold at £560 Cost…

Build your confidence in running and reconciling your VAT Returns in Sage 50cloud Accounts with this week's free 30 minute Webinars on Tuesday and Wednesday this week: VAT - A perfect VAT return in Sage 50cloud Accounts Running reports to reconcile…

Looking at VAT? There's a dedicated area of the Help Centre that cover the subject in depth from schemes, to submitting returns to common queries. The VAT Hub also features some handy video overviews and links to free training at Sage University. Check…

When you reconcile your VAT Return in your software, all transactions that were included in that VAT Return are flagged as VAT reconciled. If you later need to check if a transaction has been VAT reconciled, for example, for audit purposes or error…

We know that running your VAT Return probably isn't your favourite task, so we've put together our top hints and tips to make your next VAT Return hassle free. Read more >

...don't worry, our quick guide will help tyou to put this right: Read more >

We've collated some top tips and best practice for calculating an accurate VAT Return. Check out the guide now >

If you're VAT registered, you can use Sage 50cloud Accounts to submit your VAT Returns to HMRC. We've pulled togther our support resources for VAT in one support Topic on the help centre to assist you with this topic. Take a look now >