VAT Changes – What to consider in Sage 200

In the Chancellor’s summer statement on 8 July 2020, he shared the government’s plans to change UK VAT from 20% to 5% for hospitality, holiday accommodation and admissions to some attractions. This change came into effect from Wednesday 15 July 2020 and will run through until 12 January 2021. During this period, you will needContinue reading “VAT Changes – What to consider in Sage 200”

Service Packs released for 2011and 2013

Following on from my Early Settlement Discount post, Sage have now released the Service Packs for Sage 200 2011 and 2013 (NOT 2013 R2). As suggested previously these only serve to be a temporary solution to the legislation change for Early Settlement Discounts and will still require you to process manual transactions in order to correct yourContinue reading “Service Packs released for 2011and 2013”

Early Settlement Discount Legislation Changes for Sage 200

On 01 April 2015, the legislation when raising or receiving a VAT invoice including early settlement discount will change. The change affects you as a supplier who offers early settlement, and/or as a customer who receives early settlement discount, where an invoice is issued. For the current legislation, up to 31 March 2015, suppliers who offer early settlementContinue reading “Early Settlement Discount Legislation Changes for Sage 200”