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New Sage 50 Accounts 2014: Taking the OMG out of VAT

Posted in: Sage news, VAT, Your accounts
18 comment

Today we’re launching Sage 50 Accounts 2014: The VAT edition to help make VAT worry free for some of the two million VAT registered business in the UK.

A recent survey by Sage found that over 50% of businesses said they worried most about getting their VAT return wrong more than anything else. So over the past year we’ve been working closely with HMRC, Accountants and customers to find out how VAT impacts businesses and built a solution that will save you time, and give you confidence when handling VAT.

Taking the OMG out of VAT

You can save time doing your VAT return whilst having the confidence that you’re doing it right with these handy features:

  • Automatic VAT calculations with the VAT verifier
  • Support for multiple VAT schemes
  • Online VAT submissions direct to HMRC
  • Compliant with latest VAT legislation

There’s also many other features to help you handle your accounts, including:

  • Improvements in stock management data and reports
  • Easy compliance with HMRC for charities claiming Gift Aid
  • Trade in multiple currencies with Foreign Trader module*
  • Stay up-to-date with your accounts with our new mobile app

Sound good?

You can find out more about Sage 50 Accounts 2014 here or watch the video below:

*Additional costs apply to Foreign Trader for Sage 50 Accounts & Sage 50 Accounts Plus.

Posted in: Sage news, VAT, Your accounts
18 comment

Sara Nelson

Sara Nelson

Marketing Executive

Sara works in our small business marketing team, focusing on our Instant Accounts and Sage 50 Accounts software.

Comments

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  • kim

    my vat return is marked as pending…how can I change my data (I have now entered in al invoices for this period) before I submit?

    • sageuk

      Hi Kim,

      The VAT Return Status will remain as Pending until it has been submitted from
      within Sage Accounts.

      We have introduced a feature in Sage Accounts 2014 where you can mark the VAT
      Return as Submitted. This will change the Status from Pending to Submitted. This
      is beneficial if you do not use the submission feature within Sage Accounts.

      To mark the VAT Return as submitted, double-click the VAT Return > select the
      ‘Mark as submitted’ check box within the ‘Submit to HMRC’ section.

      For full details on the Manage VAT Window refer to Ask Sage article 17734 http://ask.sage.co.uk/

      Catherine Sheldon
      Sage UKI

  • kim

    my vat return is marked as pending…how can I change my data (I have now entered in al invoices for this period) before I submit?

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