As of 1st April 2015 HMRC have changed the VAT rules concerning settlement and prompt payment discounts. It used to be that when you raised and invoice or order which included the settlement discount that the VAT on the document was reduced assuming the customer had paid within the term. Even if they paid late.. read more →
Tags
Accounting
Accounts
Accounts Software
ACT!
Auto Enrolment
Blog
Blogging
Bookkeeping
Cloud
Cloud Accounting
CRM
Email
GoCardless
HMRC
Instant Payroll
Networking
New Features
Payroll
Pension
Phishing
RTI
Sage
Sage 50
Sage50
Sage50 Accounts
Sage 50 Accounts Essentials
Sage 50 Payroll
Sage Accounts
Sage Additions
Sage Instant
Sage Manager Password
Sage Payroll
Sage Tips
Sage Training
Sage Update
Sage Updates
Security
Swiftpage
Tax Codes
UKBF
VAT
VAT Return
VAT Returns
Wordpress
Xero