These days there really is an app for everything. Which means staying on top of your taxes has become that little bit easier. About time.
From planning to scanning, nobodies going to regret keeping their taxes organised when it comes to the end of the financial year. Check out a handful of the apps best for staying on top of your taxes, here.
It isn’t sexy to look at but it does exactly what it says on the tin, or the screen to be more precise. By entering just a few bits of financial information about yourself and your company, the app quickly estimates your net income, Income Tax Payments, National Insurance Contributions, Student Loan repayments and Pension Contributions. Giving them to you in an easy to read report organised by week, month or year, the UK Tax Calculator 2015/2016 is one of the best out there.
If you don’t fancy the idea of organising a years’ worth of receipts (and let’s face it, who does?), let Shoebox do the hard work for you. It’s simple. Email or upload your receipts and Shoebox will organise and categorise them for you. From creating expense reports to tracking your mileage using your phone’s GPS, Shoebox has loads of top features to keep tax as simple as possible.
Ever wondered exactly where all that money you’re paying towards tax is actually being spent? Course you have. Check out the HMRC tax app for iPhone and Android, and it'll give you the answer. Simply enter your tax year, tax code and weekly gross pay and the app will calculate your total income and tax results, as well as a pie chart breaking down where the money was used. Not that you get much of a say in that...
The trick with making the end of the financial year just that little bit more bearable is to keep your taxes organised. Have a play around with some of these apps, so you aren’t caught short.
Got any tax questions? Drop a note in the comments...