The United Kingdom's (UK) withdrawal from the European Union (EU) will affect how you trade with the UK. We've pulled together a checklist for you to follow to guide you through what you need to do.
Description
What do I need to do?
Before 1 January 2021
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Sage 200cloud Professional 2020 R2 was released on the 22 December 2020, you can still process effectively using your current version of Sage 200 by following the workarounds which this article will guide you to. Please contact your Sage support provider to discuss you upgrade options. |
After 1 January 2021
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You need to update your country code settings and if requird create a new VAT code for Postponed Accounting. You new to update the VAT codes on existing UK records, and outstanding items, and if required, add commodity codes to your products.
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Find out more about Brexit
This article provides general rather than specific guidance to assist all of our customers, including both in the United Kingdom and Republic of Ireland. We always do our best to make sure that the information is correct but as it's general guidance, no guarantees can be made concerning its suitability for your particular needs. The information is valid for our general customer base at the time of publishing and is provided without any warranty of any kind, express or implied. You should take professional advice if you require specific guidance on your individual circumstances, for example to ensure that the results obtained from using our software comply with statutory or regulatory requirements. For VAT, customs and excise and duties enquiries you should contact The Revenue. In no event will we be liable to you for any direct, indirect, consequential or incidental loss or damage arising out of or in connection with your use of the information provided.
The VAT or tax codes used in this article are based on the default or recommended codes set up in the software. These may be different in your software.