FreeAgent has pledged to give £5,000 to help cover a small business’s tax bill.
FreeAgent, the UK’s market-leader in online accounting specifically designed for micro-businesses and freelancers, has pledged to make Self Assessment less stressful for one small business this year - by paying their tax bill.
To celebrate the expansion of its innovative Fast File feature, which now enables both sole traders and directors of limited companies to complete and submit their Self Assessment returns directly to HMRC from within FreeAgent, the company will give one lucky customer £5,000 towards the amount of tax they owe.
The prize draw - which is open to any sole trader or Limited Company director who subscribes to FreeAgent and submits their Self Assessment tax return through the system before midnight on January 31st 2015 - marks the second year running that FreeAgent has pledged to give £5,000 to help cover a small business’s tax bill. The lucky winner will follow in the footsteps of Scottish metalworking company Moray Metals, who won the prize in 2014.
Ed Molyneux, CEO and co-founder of FreeAgent, said: “Our mission is to make life easier for small businesses across the UK when it comes to managing their finances - so we’re thrilled to not only be offering more people than ever the ability to complete and submit their tax returns from within FreeAgent, but also the chance to win a welcome boost towards their tax bill.
“Completing and filing tax returns can be a headache for many small business owners, but our Fast File feature is helping to simplify Self Assessment and alleviate some of the anxiety and stress that people traditionally feel when submitting their tax returns.
“We’re already helping to make Self Assessment a breeze for many sole traders and limited company directors throughout the UK in 2015 - and while we can’t make your tax bill disappear completely, we’re looking forward to easing the burden for one lucky small business and giving them a financial lift for the year ahead.”
With the introduction of Fast File, FreeAgent was the first online accounting system to offer sole traders and limited company directors in the UK the ability to automatically fill and file Self Assessment tax returns without the need to use HMRC Online.
For sole traders, FreeAgent automatically completes up to 90% of the self-employment forms directly from the user’s existing accounting data, which saves valuable time and hassle when doing their Self Assessment; particularly during the traditionally stressful weeks leading-up to the filing deadline on January 31st.
More information about Fast File and details about how to enter the ‘win your tax’ draw can be found at: http://www.freeagent.com/l/winyourtax
In addition to expanding Fast File and offering the £5k tax prize, FreeAgent has also released its first dedicated Self Assessment survival kit - a collection of guides, checklists and tips designed to help small business owners navigate through the minefield of preparing and filing their tax return. To download the kit, visit: http://www.freeagent.com/self-assessment
FreeAgent provides the UK’s market-leading online accounting system specifically-designed to meet the needs of micro businesses, freelancers and their accountants. More than 35,000 customers currently use the award-winning system to manage and maintain their business accounts, track time, log their expenses, create and send invoices and forecast their tax bills.
For the past two years, the company has been ranked in the top 20 of the Deloitte Fast 50 - the annual list compiled by Deloitte that highlights the fastest-growing technology companies in the UK. FreeAgent was also listed in the 2014 FinTech50 rundown of Europe’s most innovative financial technology companies.
FreeAgent won the Practice Software Product of the Year title at the 2014 British Accountancy Awards, as well as the Small Business Accounts and Expense Management awards at the 2013 AccountingWEB Software Satisfaction Awards. FreeAgent is also an official 2015 ICAS partner.
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