UNCOVER SAGE 50 CIS. Leave the hard work on site
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1 UNCOVER SAGE 50 CIS Leave the hard work on site
2 Leave the hard work on site It s time to trade up The construction industry is made up of various contracts and subcontracts, so it can be hard to keep track of your invoices and payments. It s also subject to the CIS (Construction Industry Scheme) requiring businesses to submit monthly information to HMRC before deducting tax from subcontractors pay. Our Sage 50 CIS software makes handling subcontractor invoices and payments quick and easy. Stay compliant Easily submit CIS returns online Record the right information quickly and accurately Ensure you deduct the correct tax rates Sage 50 CIS gives you all the tools you need in your kitbag to save you time and help you comply with legislation, now and in the future. Trade up today. 2
3 Don t down tools for legislation, let us take care of it We re here to take care of your business and make things a little easier. Whilst legislation means that your business needs to function a little differently, as long as you follow our guidelines you can overcome and avoid any challenges it might present. We want to make sure that you re: Equipped with the right information on the changes Completely compliant Running the right reports Automatically submitting CIS returns in the HMRC gateway Re-submitting returns in just a few clicks Saving time each month by doing less administration 3K FINE OR SUBMIT ON TIME IF YOU RE NOT COMPLIANT, YOU COULD FACE A FINE OF UP TO 3,000. Get everything you need to process and submit compliant CIS returns, faster and more accurately, in just a few clicks. 3
4 Significant legislation changes In April 2016, HMRC introduced some of the most significant changes to CIS legislation in years. NOW You can only submit CIS returns online You must re-submit returns for any periods that you ve amended (due to a mistake or change) OUR CUSTOMERS TELL US THAT LET US TAKE CARE OF IT TIME IS MONEY The new Sage 50 CIS module is fully compliant with the new legislation change. You ll also be covered for any future changes (more changes are planned in 2017). The new legislation could cost you valuable time. The average UK small business could save up to 25 hours* a month by avoiding complicated manual processing. Automatically submit and amend returns in just a few clicks, reduce errors, save time. With our new module, you can keep one step ahead. 50 % OF CIS RETURNS NEED TO BE AMENDED AFTER THEY HAVE BEEN SUBMITTED. 4
5 Sage Cover Extra What s New Guide Make CIS returns simple Save up to 25 hours* per month Quick and easy processing of subcontractors invoices and payments increase your CIS submission speed! Reduce errors and submit online Our customers tell us 50% of returns are re-submitted, automatically resubmit in just a few clicks Easily enter batch supplier transactions It s now even easier to process to enter batch payments from subcontractors into your Sage 50 Accounts Be confident you re compliant Be fully compliant with the latest regulations and get guaranteed cover for future changes in 2017 Produce CIS returns and submit to HMRC online Amend and re-submit returns directly to HMRC at the touch of a button 5
6 Sage Cover Extra What s New Guide Full audit trail All your CIS transactions are safely stored and recorded in one place Peace of mind Record the right information and ensure you deduct the correct tax rates Automatically calculate returns and produce your monthly sub-contractor payment statements Access updated and NEW help and support articles Regular product improvements You re covered for legislation changes coming next year too More features coming soon, including Part Payments And Get all the benefits of the new Sage 50 Accounts features including mobile access with Sage Drive**, automatic bank feeds and Sage Payments. #simplecis 6
7 For more information contact us today: Call us on: Visit us on: *Average time calculated based on a business processing 10 subcontractors transactions over the course of a month with monthly return calculation and submitting online. **Only available to customers on Sage Cover Extra and Subscription contracts. Terms and conditions apply. Sage (UK) Limited North Park, Newcastle upon Tyne, NE13 9AA Tel: Fax: Sage (UK) Limited 2016 registered in England No TRADE UP TODAY
CONSTRUCTION SOLUTION (CIS MODULE INCLUDED)
UNITED KINGDOM & IRELAND MIDDLE EAST EUROPE CONSILIA TECHNOLOGY CONSTRUCTION SOLUTION (CIS MODULE INCLUDED) Leave the hard work on site sage X3 Construction Solution www.consiliatechnology.com/uk/ INTEGRATE
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