Competition Update: 29/10/2013 – This competition is now closed. The winners are: Deardriu Lally @DeardriuLally Martin Gilchrist @Gilchrist_LLP Frank Egan @littlefirecode ——————————————— Just post a comment and share this blog to enter our prize draw for the hottest ticket in town Web Summit is where the most innovative companies come together to share, learn and […]
From September 19th 2014, all Central Government, local authorities and State agencies will no longer issue or accept cheque payments. If you are now in a position whereby, the payments to government and its agencies are currently made by cheque the implications are not only that this payment mechanic will be taken away but also the associated credit timelines that you had against these types of payments are also removed.
By Trevor Koen, Digital Marketing Specialist, Sage One, Sage UK and Ireland 1. You’re never as good as you think you are “Last time out I shot an 82, so you could say I’m playing off a 10”. Whilst confidence in your ability is a great asset in the business world, overconfidence can kick you […]
Here at Sage we understand VAT can keep our customers awake at night. With the new Sage 50 Accounts 2014 – The VAT Edition we listened to our customers and made it simple. We have redesigned our VAT return in order to make it easier for our customers to complete.
VAT can keep a business owner awake at night and can affect the bottom line if it’s not managed properly. As the second highest generator of calls to our customer service team in Sage, it is clearly a big issue for small businesses and SMEs.
VAT impacts on almost every business transaction in Ireland. Even businesses which are not obliged to charge VAT on their sales will be obliged to pay VAT on a lot of their costs.
By Darren Bracken, L & D Product Trainer & Coach at Sage VAT registered businesses submit their VAT3 form at various times throughout the year. The main thing is that all VAT registered businesses at some point in the year submit a VAT3 form. Customer feedback indicated a lack of awareness around this new change […]
Under the cash received basis a trader issues an invoice to a customer in the usual way. When payment is received for this invoice the VAT is accounted for on the traders VAT return.
Businesses making total annual VAT payments of less than €3,000 are eligible to file VAT returns and make their payments on a 6 monthly basis i.e. 2 returns per annum.
Survey shows 28% of companies don’t understand benefits available to them. Budget 2013 increased the turnover threshold for cash-based VAT accounting from €1 million to €1.25 million, giving hundreds more companies the opportunity to manage their tax bills more efficiently.