Three easy steps to get you closer to never thinking about tax again
Getting up and running with Hnry is easy – we’ll do the heavy lifting!
Follow these three simple steps and you’ll soon never think about tax again.
Step 1: Sign up
(Takes about two minutes.)
Here’s what we’ll need from you:
- Your email address and a password
- Proof of address
- Your estimated annual earnings (across all sources)
- What type of work you do
- Whether or not you’re VAT registered, and
- If you have a student loan.
Once we have all that, we’ll provision you with your Hnry Account – our magic tool for calculating and paying your taxes.
📖 For more information on why we ask you for these bits and pieces, check out this quick explainer!
Step 2: Verify your identity
We trust you, but we still need to know that you are who you say you are! Legally, we can’t process payments on your behalf unless we’ve verified that you’re a real human.
You’ll need to provide us with proof of your identity and take a quick selfie so we can match your face to your ID – the whole thing takes about 30 seconds!
To do this, you can use any of the following:
- Current passport
- A UK driving licence
- An EU national ID card
- A Northern Ireland Electoral ID card
- An HM Armed Forces ID/Veteran Card
Your document needs to be current – we can’t accept expired documents.
Most identity verifications are approved instantly. In some cases we may need to take a closer look – if that happens, our team will aim to review the ID documents you submit in 1-2 business days.
Note: You can’t get a Hnry Account or send an Invoice/Quote without having your identity verified.
Step 3: Get paid
To make this relationship official, we need you to get paid through your Hnry Account. You can use Hnry Invoices to make this happen, or share your shiny new Hnry Account details directly with your clients. Easy!
When your first payment comes through your Hnry Account, two things will happen:
- We’ll calculate the tax owed on that amount, deduct and send it to HMRC, and fire the rest into your personal bank account. This all happens automatically, and we’ll do this every time you get paid.
- We officially become your accountant. This means we’ll take charge of:
- Managing your allowable expenses
- Calculating your tax rate (taking into account your income and allowable expenses)
- Completing all your Making Tax Digital quarterly updates and final declaration, or your Self Assessment tax return, whenever they’re due
- Helping you get answers to your tricky tax questions. Jump into the app and send us a chat message to get started!
You’re done! Mostly!
In most cases, you can sit back, relax, and let us manage your taxes from here. As long as all your self-employed income is paid into your Hnry Account, we’ve got you.
There are a couple things you may need to do, such as:
- If you haven’t already, let us know about your other income sources. Basically, to calculate the right tax rate for you, we need to know about all of your income – this includes income from permanent employment, income earned this tax year prior to joining Hnry, etc. You can do this in the “Income Sources” tab under your profile.
- Tell us about allowable expenses from before you joined Hnry. Once again, this is all about getting the right tax rate for you. If you’ve loaded expenses into your old accounting software, no worries – you can get in touch with the team, and we’ll help get you sorted.
📖 Speaking of which, did you know allowable expenses can help you (legally) pay less tax? Here’s how to make the most of your allowable expenses with Hnry.
