Skip to main content

Blog Category: News

Like what you see? Sign up for our monthly newsletter to receive updates from the worlds of Sage, Cim and Microsoft, including updates from us here at ACIT Solutions.

21 September 2021 in HMRC, News

New Hospitality VAT Rate

From 1 October 2021, the government will introduce a new reduced rate of VAT for hospitality, holiday accommodation and attractions. Background The government initially introduced a reduced rate of VAT back in July 2020, with a temporary 5% reduction, and was intended to last until January 2021. This was then…
Read More
14 June 2021 in News, Sage 200, Sage 50

Yet More Legislation Changes

What’s happening? From 01 July 2021, the EU will be introducing two new optional VAT schemes for sales to EU consumers (customers in the EU who are not VAT registered). These new schemes are: The One Stop Shop The Import One Stop Shop On this date, the EU will also…
Read More
19 March 2021 in News, Sage 200, Sage 50

Payroll Year-End Checklist: The Most Wonderful Time of the Year

Sage have been hard at work on the 2020/21 year end software update for Sage 50cloud Payroll. The latest update (v27.01) contains some new features and improvements as well as all relevant legislation for the 2021/22 tax year. Use our handy guide below to make sure you've done everything you…
Read More
8 July 2020 in News

UK VAT Change Announcement

The Chancellor has recently announced a plan to change the UK VAT rate from 20% to 5% for the hospitality sectors.  This affects businesses that buy & sell food, provide accommodation or manage attractions. This is due to come into effect from Wednesday 15th July 2020 and will be applicable…
Read More
13 September 2019 in News

Domestic reverse VAT charge has now been delayed until 2020

The domestic reverse charge will change to the way VAT is collected in the building and construction industry. This doesn’t come into effect until 1 October 2020 and means the customer receiving the service will have to pay the VAT due to HMRC instead of paying the supplier. This will…
Read More
20 February 2019 in News

Sage Release Notice for VAT Returns to 31st March 2019

It has been reported that there is a small software error with Sage 50 when submitting your VAT period ending 31st March 2019.  Don't panic though, we've got you covered! If you run your VAT Return up to the period ending March 2019, the transactions for 31st March 2019 will…
Read More
21 May 2018 in Events, News

Only 4 days to go!

Only 4 days to go! Just a reminder that the General Data Protection Regulation (GDPR) comes into force on Friday 25th May 2018. Unsure as to how this affects you? Why not attend an online training session? The course is run by Sage and is £199 plus VAT. It will…
Read More
29 March 2018 in News

MTD Making Tax digital- Coming soon (well, in 2019)

We thought we give you a brief overview of making tax digital and how you can be prepared for the changes. Why has MTD is coming into force The government’s view is that using digital technology will make it easier for businesses to get their tax right.  Their aim is…
Read More
16 March 2018 in News

GDPR- Is your business ready for the changes?

GDPR- You’ve probably heard that acronym before, but what does it mean? It’s the General Data Protection Regulation, which is superseding the Data Protection Act 1998 and will affect how data relating to both individuals and businesses should be handled. It will apply to every organisation in the world that does…
Read More
16 February 2018 in News

Last time (honestly) – HMRC Gateway changes

I know we have been blogging a lot about this, but it is something that all Sage 50 Accounts and Sage 50 Payroll users need to be aware of, especially if they submit any of their data to HMRC via the Sage Gateway. We have been made aware by Sage…
Read More
30 January 2018 in News

Yet another Government Gateway change that affects Sage…

So you’ve seen all the previous blog articles about upgrading to Sage 50 Accounts v24 to allow you to keep submitting your VAT returns online – well here’s another one but about Payroll this time! We have received communication from Sage today advising that customers who are using Sage 50…
Read More
12 January 2018 in News

Workplace Pension Contributions

You can’t have missed the recent tv adverts with the big blue creature talking about Workplace Pensions and how every business, no matter how big or small, needs to offer their employees a pension.  Hopefully, all of you out there who meet these criteria have got schemes in place –…
Read More
5 January 2018 in News, Sage 50

Government Gateway and Sage Accounts v24

We have been advised that users of older versions (v23 and below) of Sage 50 Accounts are seeing a prompt when they log in about the Government Gateway Changes.  DON’T PANIC ABOUT THIS!!! To put this simply, once the new system is put in place by the Government after February…
Read More
22 December 2017 in IT Solutions, News

Ransomware Virus’ Over Christmas

I know it’s not very seasonal (don’t worry, that one will follow!) but we wanted to warn everyone that there has been another spate of Ransomware recently. Generally, if one of these virus’ hit, the sooner your IT company is notified the better.  This is because some of the backup…
Read More