VAT and tax

Never dread a tax deadline again.Finn works it out. You approve it.

Your VAT return is worked out from your books and filed with HMRC the moment you approve it. Corporation Tax is set aside as you go, your year-end is prepared for you, and every deadline is watched.

Start free See how it works

14 days free, no card. Then £20/month + VAT, tax included.

VAT return · Jul to Sep

Due 7 November

VAT on sales: £4,210.00
VAT you reclaim: £2,025.40
To pay HMRC: £2,184.60
Sales: £21,050
Purchases: £10,127

Ready. Approve and Finn files it with HMRC

Illustrative example

How it works

From your books to HMRC, without a spreadsheet in between.

01
Your books stay right
Every sale and every purchase is recorded as it happens, with the VAT on it, so the numbers are ready before the deadline is.
02
Finn works it out
Your VAT return, your Corporation Tax and your year-end accounts, prepared from the books you already have.
03
You approve
Finn shows you the figures and flags anything unusual. Nothing goes to HMRC until you say so.
04
It's filed
Your VAT return goes straight to HMRC. For the rest, the prepared return is ready for you or your accountant to file.

VAT

Your VAT return, filed with a tap.

AccountsOS is HMRC-recognised software for Making Tax Digital VAT, and it is on HMRC's own list of compatible software. Finn works out the return from your books, you check it, and it goes straight to HMRC with the receipt kept on file.

Standard and Flat Rate schemes
Your VAT deadlines come straight from HMRC, so they are always the real ones
See every past return and what you owe HMRC, without logging in to HMRC
Pay HMRC from AccountsOS through HMRC's own payment page
Filing is on paid plans. During your free trial, Finn prepares everything

Finn on the app

Your VAT return for July to September is ready: £2,184.60 to pay, due 7 November. Nothing unusual this quarter. Want to see it?

Looks right, file it

Done. HMRC has accepted it and I've saved the receipt with your records.

Illustrative example

On HMRC's list of MTD VAT software

Corporation Tax and year-end

Year-end, prepared before you ask.

Finn sets Corporation Tax aside every month, so the bill is never a shock. At year-end your accounts and your Corporation Tax return are prepared from the same books, ready to check.

Corporation Tax worked out as the year goes, including marginal relief and losses carried forward
Your CT600 and tax computation prepared, with the iXBRL-tagged accounts HMRC needs
Micro-entity (FRS 105) annual accounts prepared for Companies House
Filing straight to HMRC is coming. For now your prepared return goes in through your accountant or filing software

Year-end · Northgate Studio Ltd

Year to 31 March

Tax set aside: £4,120 so far
Annual accounts: Prepared (FRS 105)
CT600: Prepared, with iXBRL
Filing: Via your accountant or filing software

Ready for you to review

Illustrative example

Deadlines

Never late. Never surprised.

Every Companies House and HMRC date for your company is tracked, and Finn reminds you well before any of them matter.

Companies House deadlines checked every day
Reminders by email and Telegram 14, 7 and 3 days before
A warning as your sales approach the VAT registration threshold
Changes to your Companies House record flagged before your confirmation statement is due

Coming up

Nothing overdue

VAT return · Jul to Sep
HMRC
Ready to approve
7 Nov
Confirmation statement
Companies House
No changes found on your record
14 Dec
Corporation Tax payment
HMRC
£4,120 set aside so far
1 Jan

Illustrative example

Paying yourself

Take money out without a tax trap.

Salary, dividends and money you take out of the company all have tax rules. Finn keeps track of them and tells you before something costs you.

Work out the mix of salary and dividends before you decide
Dividend vouchers and board minutes drafted for you
Your director's loan balance watched, with a warning before the s455 charge applies
Finn learns how you work: mileage, working from home, perks, so claims aren't missed

Finn on the app

I took £3,000 out of the company account for myself last week

Noted as a director's loan, so your loan account is now £3,000 overdrawn. If it's still overdrawn nine months after your year-end, the company pays a 33.75% s455 charge on it. You could repay it or cover it with a dividend before then.

Illustrative example

Straight answers

What gets filed, and who files it.

No small print. Here is exactly what AccountsOS does with each of your returns today.

Only the VAT return is filed straight to HMRC from AccountsOS today
Everything else is prepared from your books, ready to check and file
Nothing is ever filed without you approving it first

Your returns

VAT return: Filed to HMRC, after you approve
Corporation Tax: Prepared, you or your accountant file
Annual accounts: Prepared, you or your accountant file
Confirmation statement: Record watched, changes flagged
Self Assessment: Tax worked out as you go
Payroll (RTI): Prepared every payday

Illustrative example

Also included

Everything else tax needs.

Ask any tax question

"Can I claim my phone?" Finn answers with this year's figures and links to the gov.uk page it used.

Your personal tax, worked out

For directors, salary, dividends and your director's loan come straight from the company books.

Tax set aside

See how much of your balance is really the taxman's, so you know what is safe to spend.

VAT threshold warning

Finn tells you as your sales approach the VAT registration threshold, before you cross it.

Your HMRC history

Every VAT return you have filed, and what you owe HMRC, pulled straight from HMRC.

27 countries

Finn knows the tax rules and deadlines in every country we cover. Filing is UK VAT for now.

FAQ

VAT and tax: common questions

Can AccountsOS file my VAT return?

Yes. AccountsOS is HMRC-recognised software for Making Tax Digital VAT, and you can find it on HMRC's list of compatible software on gov.uk (search AccountsOS). Finn prepares the return from your books and files it with HMRC once you approve it. Filing is on paid plans.

Can Finn file my Corporation Tax return?

Finn prepares it for you: the CT600, the tax computation and the iXBRL-tagged accounts HMRC needs. Filing straight to HMRC from AccountsOS is coming; until then your prepared return goes in through HMRC-recognised filing software or your accountant.

Does it file my accounts at Companies House?

Finn prepares your micro-entity annual accounts from your books, ready to check. You or your accountant file them for now.

I'm a sole trader. What about Self Assessment?

Finn works out your tax as the year goes, so you know what to put aside. It does not file your Self Assessment return yet.

Is AccountsOS ready for Making Tax Digital for Income Tax?

Not yet. AccountsOS is recognised for MTD VAT today. We will say so on this page when Income Tax is live.

Is this tax advice?

Finn prepares your figures and explains them, with the source for every rule it uses. For bigger decisions, like restructuring or complex planning, bring in an accountant; they can work on the same books.