Do what you do, don't learn tax too
According to analysis from the Office for National Statistics, the number of self-employed increased from 3.3 million people (12.0% of the labour force) in 2001 to 4.8 million (15.1% of the labour force) in 2017. That's a lot of people working hard at what they're good at. But you shouldn't have to learn a whole other profession to do it. Let accountants be accountants - you focus on you.
Income Tax, National Insurance, VAT, Corporation Tax, Capital Gains... Oh my!
If you’re one of the many self-employed or freelance individuals who have to come to grips with the obligations HMRC (and potentially Companies House) place upon you, we can help take care of it for you. We can help you to understand how much of your invoices you get to keep and enjoy, and how much you should save for your upcoming tax bills.
Let us handle it
Just use your Coconut business current account and tell The Bean Counter, via your smartphone voice assistant, about any additional cash or mileage. We'll let you know how much you need to save for upcoming tax bills and keep an eye on things to let you know when you'd benefit from going limited. If you're starting out, we can even help you register as self-employed or set up a limited company.