{"id":8476,"date":"2020-12-16T16:46:33","date_gmt":"2020-12-16T16:46:33","guid":{"rendered":"https:\/\/www.sage.com\/en-gb\/blog\/?p=8476"},"modified":"2026-01-29T11:30:35","modified_gmt":"2026-01-29T11:30:35","slug":"sage-accounting-head-start-brexit","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-gb\/blog\/sage-accounting-head-start-brexit\/","title":{"rendered":"How Sage is helping small businesses thrive in a post-Brexit world\u00a0"},"content":{"rendered":"
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\n\t\t\t\t\t\tHow Sage is helping small businesses thrive in a post-Brexit world\u00a0\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t

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\n\t\t\t\n\t\t\t\t\"Adrian\t\t\t\tAdrian Malpass<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n
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In a year with more challenges than we can count for small businesses across the world, we have good news as we look to 2021.<\/p>\n

The list of things you and your business had to adapt to in 2020 probably has you fearing new\u00a0year\u2019s\u00a0resolutions and the unexpected adaptations you might be facing \u2013 with Brexit uncertainty being one such thing to consider.<\/p>\n

What is certain, though, is that the UK is\u00a0now coming to the end of the Brexit<\/a> transition\u00a0period which ends on 31 December 2020.\u00a0This may lead one to think 1 January 2021 might cause more headaches than the time spent overindulging the night before.<\/p>\n

If Brexit \u2013\u00a0and how it will change your business processes\u00a0\u2013 is on your list of things to worry about during this holiday\u00a0season, you can tick this off because we\u2019ve got you covered.<\/p>\n

At Sage, we\u2019ve made the necessary updates to Sage Accounting<\/a> alongside our other small business solutions<\/a> to ensure you won\u2019t spend the holiday period frantically learning new tax codes or scrambling to analyse which of your customers are in or out of the EU.<\/p>\n

Want to learn more\u00a0broadly about how Brexit and the end of the transition period<\/a> might impact your business? Check out our blog on how Brexit will affect businesses<\/a>.<\/p>\n

\n\tDownload your free guide, Business after Brexit, and discover what you need to know and do from 1 January 2021<\/a>\n<\/div>\n\n

A\u00a0new year worth celebrating<\/strong><\/h2>\n

You\u2019ve probably been planning for how 2021\u00a0can provide a brighter outlook for your business\u00a0than the year we\u2019re all ready to put in the rear-view mirror.<\/p>\n

We\u2019ve been planning how we can help you.<\/p>\n

At Sage, we\u2019re empowering our customers to put their full focus on thriving in this new normal.<\/p>\n

We\u2019ve introduced\u00a0really smart\u00a0technology for you,\u00a0which means Sage Accounting automatically handles the hard stuff.\u00a0The new scenarios for applying them are automatically understood by the system when\u00a0you enter transactions.<\/p>\n

And Brexit deal or no deal, we\u2019ll always keep you up to date when it comes to tackling new legislation.<\/p>\n

We want a world for small businesses<\/a> where are fewer worries and no new stresses from figuring out complex scenarios.<\/p>\n

Therefore, we\u2019re ensuring our technology deals with the complexities of tax so you can focus on your business\u00a0\u2013 we call this dynamic tax determination.<\/p>\n

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\u201cSage Accounting dynamic tax determination really helps take the worry out of getting tax right, and knowing they have me covered for Brexit is one less thing to get stressed about too” – Stefan, financial accountant at Bee Motion<\/a><\/p>\n<\/blockquote>\n

Are we postponing yet another thing?<\/strong><\/h2>\n

You might have heard about postponed accounting<\/a> and thought it fit right in with the theme of 2020\u00a0and your abandoned holidays and plans.<\/p>\n

Potentially, it also\u00a0filled you with dread; adding yet another item to your list of things to worry about.<\/p>\n

We hope 2021 signals the beginning of less postponing and more thriving.<\/p>\n

If you need to account for postponed VAT accounting<\/a> for imports,\u00a0we\u2019ve simplified what might seem quite complex by equipping Sage Accounting with the\u00a0tools to easily flag suppliers as importers.<\/p>\n

The system will automatically do\u00a0all of\u00a0this postponed accounting<\/a> without you postponing your focus on your business, therefore helping you keep control of your cash flow.<\/p>\n

\n\tDownload your free guide, Business after Brexit, and discover what you need to know and do from 1 January 2021<\/a>\n<\/div>\n\n

2021 is the year of going places\u00a0<\/strong><\/h2>\n

Even if you managed to squeeze in a short break in 2020, the world feels a bit smaller \u2013 but that doesn\u2019t mean your business ambitions need to.<\/p>\n

In 2020, we\u2019ve seen an eruption of innovative ways for small businesses to bring their products and services to the world stage by utilising technology.<\/p>\n

It\u2019s never been easier to go global<\/a>, and Sage Accounting is here to support you.<\/p>\n

We\u2019ve made it super easy to invoice in any currency (with live exchange rates \u2013 so no more spreadsheets) and extended our clever tax automation to make sure we keep you right at every step.<\/p>\n

We\u2019re here to help you showcase your business to the world. And with Sage Accounting, that doesn\u2019t mean more time building complex reports. We\u2019ve got you covered with easy-to-use reports that tell you just what you need to know.<\/p>\n

We\u2019ve also made importing easier<\/a> too, with support for the \u00a3135 consignment scheme<\/a> just a click away.<\/p>\n

We think all of us are hoping for a bit more time out of the \u2018office\u2019 and home, which for most of us are likely the same place today.<\/p>\n

We anticipated (probably with as much excitement as you) that being more \u2018mobile\u2019\u00a0is less about our phones and more about getting\u00a0out into the world.<\/p>\n

We\u2019re so bullish about this, we\u2019ve ensured our Sage Accounting mobile app<\/a> is ready to provide you with the same smart technology to help you deal with post-Brexit requirements.<\/p>\n

As we venture out, you can be confident your mobile app will automatically take care of the complexities of Brexit\u00a0while you rediscover the world beyond your front door.<\/p>\n

For existing customers, see how Sage Accounting can help you manage the transition<\/a> by checking out our detailed help and guidance.<\/p>\n

Additional support for you<\/strong><\/h2>\n

To help you get ready for the end of the Brexit transition period, visit our resource hub<\/a> where you can familiarise yourself with the upcoming changes and how they could impact your business.<\/p>\n

In addition:<\/p>\n