Accounting for VAT on Imports from 1st January 2021
CPiO | CRM and ERP News
by jacqueline.green@cpio.co.uk
3y ago
What has changed? From 1st January 2021 companies can opt to use postponed accounting for VAT when dealing with goods imported from anywhere in the world including the EU. Exemptions apply but postponed accounting for VAT eases the burden of paying VAT as goods arrive in the UK and then having to recoup it via your VAT return. During VAT return period all invoices that relate to the cost of importing goods, e.g. goods, freight, customs clearance, delivery etc. are to be shown as both an input and an output in the tax return. This method is very similar to the reverse charge process currently i ..read more
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Outsmart The Smartest of Cybercriminals
CPiO | CRM and ERP News
by Ethan Smart
3y ago
With a high level of fraudulent emails and illicit messages circulating at present, some under the guise of NHS and Government Covid-19 notifications, businesses are currently at an increased risk of cybercrime. Employees who are working from home at present are more exposed and potentially less protected than they might be whilst working from an office location with firewalls and additional security in place. Vigilance is key As individuals we all have a part to play in the fight against cybercrime. So what basic steps can you take to help spot a fraudulent email? Increase your levels of inq ..read more
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AD Aerospace implements Sage 200cloud
CPiO | CRM and ERP News
by Ethan Smart
3y ago
Headquartered in Cheshire, AD Aerospace is a pioneer and market leader in state-of-the-art aircraft video surveillance technology. The company has served the civil aircraft sector for over 20 years with solutions including flight deck entry, cabin and cargo surveillance, ground manoeuvring and in-flight entertainment systems. The business was using a heavily customised Sage 1000 installation which it inherited from its former owners. The ongoing maintenance of Sage 1000, alongside a plethora of other business applications was proving increasingly difficult to manage. Under the new ownership th ..read more
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VAT cut for tourism and hospitality businesses
CPiO | CRM and ERP News
by Ethan Smart
3y ago
Chancellor Rishi Sunak has today announced a cut to VAT for the hospitality and tourism industry. In his televised statement during Prime Minister’s Questions, Rishi Sunak told MPs that “hardship lies ahead”, but he has launched several interventions to alleviate the financial crisis. As part of a financial package, intended to boost the economy following the harsh consequences of COVID-19, the Chancellor confirmed that he will temporarily cut VAT on food, accommodation and attractions from 20% to 5% effective from Wednesday 15th July. Reacting to the news, Ian Wright, Chief Executive of the F ..read more
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Sage X3 is Named Leader in SoftwareReviews ERP Data Quadrant
CPiO | CRM and ERP News
by Ethan Smart
3y ago
Earlier this month, it was announced that Sage X3 was named a leader and Gold Medallist in SoftwareReviews 2020 Enterprise Resource Planning Data Quadrant Awards. The rankings for the 2020 SoftwareReviews ERP data quadrant are based on a score called the “Net Emotional Footprint.” This score, compiled and based on customer feedback regarding service, negotiation, product impact, conflict resolution, strategy and innovation recognised Sage X3 as being the top product for Business Intelligence and Performance Management. The SoftwareReviews Data Quadrant evaluates and ranks products based on fee ..read more
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Developing a successful Data Strategy
CPiO | CRM and ERP News
by Katie Mansell
3y ago
Quite often, businesses will embark on a project to replace a business-critical piece of software, usually based on the need of specific functionality and/or compliance. However, it is just as often that there is a tunnel-vision approach, and an opportunity is missed to re-evaluate the way in which data is collected for analysis. Data is an invaluable resource for businesses today. It is well-known that there is value in the information, but due to high volumes and difficulties in collecting, organising and relaying it, unlocking that value can be a challenge in itself. It’s not unusual that a ..read more
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Microsoft Office 365
CPiO | CRM and ERP News
by Ethan Smart
3y ago
Homeworking has been thrust on many of us and will be our new reality for some considerable time. You may be an organisation who was already well positioned to transition your operations to being entirely home based. But more likely, you are an organisation that is trying to get to grips with remaining as productive as possible during these difficult and uncertain times. Technology has a huge part to play and, as Microsoft Gold Partners, we have been inundated with requests to help our customers fast track their home working environments to improve team collaboration and ensure business contin ..read more
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CPiO Office Closure
CPiO | CRM and ERP News
by Ethan Smart
3y ago
Rest assured our service provision continues, unaffected from home. To contact us, please use the following contact details listed below: To contact our main switchboard please dial 0344 880 6140 To contact our Support desk please dial 0344 880 6155 or email hotline@cpio.co.uk For any general queries please email info@cpio.co.uk For any Marketing/ Sales specific queries please contact marketing@cpio.co.uk As the office is closed we do ask for you to please carry out the following things: Please do consider scanning any documents and sending them by email to the relevant individual. Post is ..read more
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Coronavirus related cybercrime: How to avoid falling victim
CPiO | CRM and ERP News
by Katie Mansell
3y ago
How to avoid Coronavirus related cyber crime Whilst Coronavirus (COVID-19) is a new phenomenon, cyber crime is an established issue. Cyber criminals are smart, they prey on people at times of vulnerability. And what greater time of vulnerability than during the current Coronavirus pandemic. Security experts are reporting a huge uplift in email scams linked to Coronavirus and other coronavirus related cybercrime. Cyber-criminals are targeting both individuals and businesses with emails ranging from “click here for a cure” type messaging, to the offer of Tax refunds. Top tips to avoid falling vi ..read more
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Chancellor’s budget offers business relief around the impact of Coronavirus
CPiO | CRM and ERP News
by Ethan Smart
3y ago
Following this morning’s shock announcement by the Bank of England to lower the UK’s interest rates form 0.75% to 0.25% to stimulate the economy and help to combat the effects of the Coronavirus, Chancellor Rishi Sunak pledges further support to business in the 2020 budget. He announced that the Government will cover the statutory sick pay costs of all staff forced to self-isolate for 14 days in companies with less than 250 employees – a welcome relief for companies contemplating the likely cost of Coronavirus. And small business will be able to apply for business interruption loans of up to ..read more
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