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Corporation tax is tax on limited company profit, paid to HM Revenue & Customs (HMRC). Sage 50cloud Accounts includes a Taxation area in the chart of accounts. You can use this to show your corporation tax as an expense on the profit and loss report after…

Please find below a list of the top five search topics in the Sage Knowledgebase for Sage 50cloud Accounts in the last 7 days. We've linked them to the most appropriate articles and support material, is there something there that you've been looking for…

I have a new customer who has recently changed from sole proprietor to a corporation for her bakery. She is the only director and owns 100% of the shares in the corporation. This is the first time she will be using Sage as she only used Excel before.…