Skymark Financial are proud to be a FreeAgent Partner, FreeAgent's powerful and easy-to-use accounting software for UK businesses brings everything together – from invoices and expenses to Self Assessment tax .
Monitor cash flow at a glance and see when your tax bills are due.
Connect FreeAgent to your bank accounts to automatically import transactions.
Send and track professionally designed estimates and invoices.
A bird’s eye view of the performance of your income, expenses, and profitability.
Making Tax Digital - FreeAgent has you covered
Making Tax Digital is a government initiative that sets out a bold vision for a digital tax system to "make it easier for individuals and businesses to get tax right and keep on top of their affairs".
The MTD Express is here!
Not sure what it means for you?
Would a simple overview telling you everything they need to know
Making Tax Digital - Time Frame
April 19 - MTD for VAT mandatory for businesses over the VAT threshold (£85K).
April 22 - MTD for VAT mandatory for all VAT registered businesses.
April 23 - Self-employed businesses need to follow the rules for MTD for INCOME TAX from their next accounting period starting on or after 6 April 2023.
April 23 - Landlords with annual business or property income above £10,000 need to follow the rules for MTD for INCOME TAX from their next accounting period starting on or after 6 April 2023.
April 26 - The government will provide businesses with an opportunity to take part in a pilot for Making Tax Digital for Corporation Tax and will not mandate its usage before 2026.
FreeAgent & Mettle - Supporting Small Business
Mettle is the free business account by NatWest that helps small businesses start, run and grow. It’s built for small businesses, startups, limited companies and sole traders.
Customers can apply for an account in minutes, create and send customised invoices and connect to accounting software to help keep track of their books. The account comes with a UK account number and sort code and an in-app chat feature so that customers can speak to real people when they need help.
Mettle has partnered with FreeAgent which means customers can now sign up for the accounting software through the Mettle app and seamlessly sync all their business transactions.
WHAT PEOPLE SAY
Could easily become your most important application for administering your business
It's the closest thing to a virtual accountant that I've ever seen and, far from those services on my original list, it's British! That means its easy to report Sales Tax, VAT, business and personal taxes.
The functionality here is entirely what you would expect of a best-of-breed accounting application.
FreeAgent is not just for invoicing, it is a complete accounting package. If you are a UK-based business I don’t think any other solo web app can even begin to compete with FreeAgent.