As a self-employed individual you are required by HMRC to complete a self-assessment tax return every year. This annual return requires you to declare any profits and/or other income, such as interest, on which you will be expected to pay tax.
In order to ensure these declarations are accurate, you will need to keep meticulous records of all your debits and credits to ensure you avoid any penalties or fines from HMRC. cloudkeeping does exactly this.
cloudkeeping has been designed to be as straightforward as possible so that you can submit your own self-assessment return without having to employ an accountant and incur high costs. Our software enables self-employed individuals to simply and accurately manage their finances such as invoicing, expenses, PAYE income, investments, dividends, interest, cash transactions etc.