1. Automatic tax calculations and payments
Whenever you get paid into your Hnry Account, we will instantly calculate and pay your:
- Income tax
- VAT
- National Insurance
- Student loan
…before passing the rest to your personal bank account straight away!
2. Full access to the Hnry app
With Hnry, you can:
- Send unlimited invoices to your clients (we’ll even chase your unpaid invoices).
- Raise business expenses (just snap a photo and enter a few details).
- Get insights to optimise your business’s finances.
3. We become your accountant
Our team of (real human) accountants will:
- File your Self Assessment tax return and VAT returns with HMRC whenever they’re due.
- Review your expenses whenever you raise them, so you get tax relief as you go.
- Give personalised answers to your difficult tax questions.
FAQs
All your financial admin. Done.
We automatically pay and file taxes, provide a service for admin management, and become your accountant. In short - we get it done, so sole traders never have to think about tax again.
Tax payments
All your taxes (income tax, VAT, National Insurance, student loan) automatically calculated and paid as you go.
Tax returns filed
As part of the service, our accountants will file your Self Assessment tax return & VAT returns for you whenever they’re due.
Raise expenses
Raise expenses easily - our team of accountants will manage them to get you the right tax relief.
Invoice clients
Easily send unlimited invoices in minutes - we'll even chase your late-paying clients.
Allocate your savings
Send earnings to savings, pension scheme, and investments accounts whenever you get paid.
Expert support
Our local team of sole trader tax experts are available for even your trickiest questions.
Only pay when you’re earning!
We charge a 1%+VAT fee on income paid into your Hnry Account. For this, you get full access to the Hnry service, with no joining fees or subscription costs. We won’t charge you by the hour to answer your questions, manage your expenses, or file your tax returns - so you’re always paying a fair price, and only paying as you earn. Here’s how our pricing works:
- You pay just £1 +VAT from every £100 in self-employed income you earn.
- Hnry's 1% +VAT fee is capped at a maximum of £600 +VAT per year.
- If you receive individual payments of under £50, a minimum fee of £0.50 +VAT per payment applies.
- We automatically claim your Hnry fees for you as a business expense.
