GoSimpleTax

AIA has teamed up with GoSimpleTax to provide a cost effective simple secure solution for digital recording giving accountants and other advisory practices a helping hand with the transition into the digital age. 

  • 14-day free limited trial, no credit card required
  • Low cost with no hidden charges
  • Partnership returns
  • Simple accountant’s dashboard

About GoSimpleTax Limited

Our software is protected by the same 256 bit secure connections and systems used for online banking. We work closely with the FCA and HMRC and are innovated with our development.  We pride ourselves in ensuring the customer’s journey is simple but very effective for their business.

We have been developing software for 30 years and have 70,000 registered users. Our software has been developed to be Jargon free giving accountants and other advisory practices a helping hand with the transition into the digital recording. We are first in the innovation of HMRC’s vision to be able to calculate and submit from a mobile device direct to HMRC.  We are ISO 9001 accredited.

GoSimpleTax

GoSimpleTax is jargon free Cloud based software, it completes all schedules apart from Lloyd’s underwriters and Members of parliament. It calculates the tax liability on an ongoing basis giving peace of mind and then files the self-assessment return quickly and simply.

Recording ongoing income and expenses on desktop or via our mobile App, which allows for the scanning of receipts and invoices. GoSimpleTax also gives hints and tips on savings and applies them easily.  The software allows for multi returns and has a simple dashboard to access each client.   

About GoSimpleVAT

GoSimpleVAT is MTD compliant VAT bridging/filing software that imports a VAT report from any spreadsheet or PDF.  Approved by HMRC and guaranteed to lead you to compliance. You can take advantage of our free 14-day trial (no credit card required) to see just how simple VAT filing through bridging software can be.

For just £240.00 per year (£60.00 per Qtr.) for unlimited clients and unlimited submission.

Discount to AIA Members

GoSimpleTax offer 25% discount on all software, to all AIA Members.

Simply follow any of the above links or click here to sign up to receive your discount code.

GoSimple Blog

Have Your Clients Missed the January Self-Assessment Deadline?

There are four weeks to file the 18/19 tax return to enable you to access the government grant announced by Chancellor Rushi Sunak.

Self-Employed Income Support Scheme Summary

  • You must have completed your 18/19 tax return
  • 80% of profits up to £2,500 per month
  • Profits on 3 years average, there will be nothing available if over £50,000
  • Payment will be made in June

The self-employed have now been passed their life-line amidst the Covid-19 pandemic from Chancellor Rushi Sunak as he announced a new self-employed income support scheme, this will cover up to 80% of self-employed workers’ average taxable monthly profits.

The monthly profits will be judged on average profits over the past three years, and monthly payments will be taxable and capped at £2,500.

Self-employed should not contact HMRC now, eligible taxpayers will be contacted by them directly.  They will use existing information to check potential eligibility and invite applications once the scheme is operational.

So, if your clients  have not yet filed their 18/19 tax return – you have four weeks to do so. First you will need your UTR…

A Unique Taxpayer Reference (UTR) number is required by all sole traders, partnerships and limited companies in the UK. It’s unique to that individual or organisation and remains unchanged forever.

You will also need a UTR if you have other forms of income or expenses that require you to file a Self Assessment tax return.

If you don’t have a UTR, you won’t be able to submit a Self Assessment tax return.

What is a UTR?

A UTR helps HMRC identify and process tax returns against the correct taxpayer’s records.

If you have income outside of PAYE or own a business and don’t act compliantly when it comes to your Self Assessment tax return, you could face criminal prosecution.

Who uses them?

Any individual with self-employed income or income from rental property probably forms the biggest group that will need a UTR.

These individuals will need to perform a Self Assessment tax return. For other taxpayers, it may also be relevant when registering for the Construction Industry Scheme or working with an accountant.

How can I get one?

As you won’t receive a UTR number unless you’re registered as either self-employed or a new business, you’ll need to do so on HMRC’s website. Alternatively, you can call them on 0300 200 3310. There is no cost to doing either.

Register as soon as you can with all the below information to hand:

  • Full name
  • Date of birth
  • Email address
  • Home address
  • Phone number
  • National Insurance number
  • The date you started self-employment

Double-check that you have fully completed the process if you’re still waiting on your UTR following registration.

What if I’m already registered?

You should already have a UTR code somewhere. If you’ve misplaced it, start by checking any correspondence that you may have received from HMRC. All previous tax returns will reference it, along with any notices you may have had to file a return, payment reminders or statements of account.

In addition, your HMRC online account will also display the code, provided you can access it. If none of these options prove fruitful, contact the Self Assessment helpline.

About GoSimpleTax

Getting your clients UTR is the easy part. What trips up most UK taxpayers is submitting the Self Assessment tax return itself. With GoSimpleTax software, filing has never been easier as it does all the calculations for you and thanks to features that allow you to take a picture of expenditure and upload it to your records, as well as log all forms of income.

With the documentation you need in one place and learning resources to help minimise your tax liability further, all that’s left for you to do is press submit.

AIA members will be emailed a discount code upon registration to the free trial – this will entitle you to 25% off the software!