Now that Making Tax Digital for Income Tax is up and running, you may be wondering if and when it might apply to you. Or whether or not Self Assessment is still the way to go.
The good news is that we’re here to help! First, by helping you figure out which system HMRC may require you to register for. We’ve put together a quiz and a flowchart you can use below.
But more to the point, when it comes to Hnry, it doesn’t make a difference how you need to file your taxes – we’ll do it all for you. Yes, all of it. Including:
- Calculating, deducting, and paying anything you may owe HMRC
- Keeping digital records on your behalf
- Managing your allowable expenses, and passing on any tax savings as you earn
- Completing and filing all quarterly updates and tax returns, whenever they’re due
Basically, we make it so you never have to think about Self Assessment, MTD, or tax-related quizzes or flowcharts ever again. Easy!
Quiz: Self Assessment or MTD?
How to file your taxes with HMRC
About Hnry
Hnry is an award-winning app and tax service designed to help sole traders with their financial admin. For just 1% +VAT of your self-employed income, capped at £600 +VAT a year, Hnry will calculate and pay all your taxes, levies and whatnot for you, including:
- Income tax
- National Insurance contributions
- Student loan repayments (if applicable)
- VAT (if applicable)
We also complete and file your quarterly submissions and tax returns for you, whenever they’re due. It’s all part of the service!
More importantly, we free up thousands of hours for sole traders to focus more on what they do best – their jobs. Hnry is on a mission to make self-employment simple, affordable, and accessible for anyone. Join Hnry today!