Self-assessment FAQs: 8 answers to help you when filing your tax return
Discover answers to frequently asked questions on self-assessment tax returns and learn what you need to do, so you can file on time.
Sage Business Cloud
*€1 per month for the first 3 months, then €10/€25 + VAT/mo (tier depending). Terms and conditions apply.
**Start your free trial and receive 1 month free, then €10 / €25 + VAT per month (tier depending).
(1)Starting at 5 employees for €1.00(offer price when coupled with Sage Accounting) per month + VAT with the option to add employee tiers for up to 100 employees. RRP from €10 + VAT per month (after offer).
(2)Snap and upload data from unlimited receipts, invoices and supplier statements with AutoEntry, 50% off for your first 3 months. Subject to fair usage policy.
(3)Sage Payroll and Accounting Standard now €1.00 + VAT per month (offer price), then €25 + VAT per month for Accounting Standard. Terms and conditions apply.
When you’re working in a fast-paced industry like retail, you need a place where you can effectively manage your stock, cash flow and invoices, so that you can focus on delighting your customers. Sage Accounting does just that, helping retailers, e-tailers and shopkeepers:
Retail business accounting is a technique that values all stock based on each item’s selling price rather than the acquisition price. This method gives you a way to keep track of costs to see losses and what’s left over. And they use the estimated retail cost to work out the value of items in the inventory.
With Sage Accounting software for retail shops, you can collaborate securely with your accountant in real-time. Your accountant will help you check your shop's books before submitting a tax return to Revenue. They can also advise on how much tax you should pay.
Use point of sale accounting software to manage accounts in a more efficient and accurate way. Sage Accounting will sync transactions from your business bank account automatically. You can snap and capture receipts on your phone as soon as you get them while you’re on the go using AutoEntry. And you can review your retail store books each week, month or quarter. Work with an accountant before a return to Revenue.
There are plenty of ways you can save time with Sage Accounting. Here are some examples:
Automate manual tasks
By automating tasks, you can cut down the amount of time you spend on manual data entry to save money and focus on the areas of the business that need the most attention.
AutoEntry
Spend less time on admin and more time on your retail work with a paperless way to manage receipts. Simply snap, scan or email a photo of your receipts, bank transactions, invoices or other documents for your Sage accounts using AutoEntry. Then categorise, publish and share them with your accountant through Sage Accounting. AutoEntry captures tax summaries and full line item details including description, quantity and unit price so it’s an easy way to log the information you need, when you need it.
Other ways to save time:
Get added functionality with our partner apps which integrate directly with Sage Accounting, bringing you more tools that help you get the job done.
Remove the need for data entry
AutoEntry is an intelligent, cloud-based solution which eliminates bookkeeping data entry, so users never again have to type up invoices or receipts.
Make it easier to get paid
No more chasing late payments – give your customers simple and easy ways to pay you directly from the invoices you send with our useful “Pay Now” buttons.
Hassle free ecommerce accounting
A2X posts Shopify, Amazon and eBay sales and fees directly into Sage Accounting in summaries that match the payments to your clients' bank account.
Get paid faster
Satago helps business owners and accountants get invoices paid faster and protect against credit risk.
"We couldn't believe what Sage could offer us as a company. The bill of materials that this product offers allows us to track each drop of oil."
Ellie Dunmore,
Co-founder, Penny Price Aromatherapy
Discover answers to frequently asked questions on self-assessment tax returns and learn what you need to do, so you can file on time.
Learn about how Rob Abrahams retrained in his spare time as a plumber and ran a side hustle before taking the leap to set up RJA Plumbing.
Want to start a side hustle but got unanswered questions holding you back? We've got answers to a few things that may be on your mind.
Hazel Reynolds, the CEO of Gamely Games, reveals how creativity is all about making connections and why you don't have to be ruthless.
In light of the challenges that the pandemic has caused, here are some tips to help your business keep moving as restrictions ease.
Sam Jones, the founder of Gener8, talks about how he started the business, finding funding and getting support from other business owners.
The way VAT is handled for online sales from businesses worldwide to consumers in the EU changed on 1 July 2021. Learn more here.
Want to know how you can reduce your company's tax bill? Here's a guide to the self-assessment expenses you can claim against your profits.
You’ve discovered what Sage Accounting can do for your retail shop, now it’s time to see it in action. Check out our plans, pricing and latest deals to take the next step.
