TapTax

Calculate UK income tax on rental profit for a landlord in a tax year, given rent, allowable expenses, mortgage interest (relieved as a 20% tax credit) and other income.

Compare pay before and after a salary sacrifice for a pension or an electric company car: income tax, National Insurance and student loan saved, employer National Insurance saved and passed back, benefit-in-kind tax for a car, the drop in take-home pay, and for a pension the cost per pound added and the saving against paying in from net pay.

Calculate UK tax on savings interest for a tax year, given the interest, any tax already deducted and other income: the starting rate for savings, the Personal Savings Allowance and the tax due.

Calculate the tax on buying property: Stamp Duty Land Tax in England and Northern Ireland, Land and Buildings Transaction Tax in Scotland or Land Transaction Tax in Wales, by band, with first-time buyer relief, the additional property surcharge and the non-resident surcharge where they apply.

Calculate yearly, monthly and weekly UK student loan repayments on an income for a repayment plan (Plan 1, 2, 4 or the postgraduate loan) in a tax year.

Calculate take-home pay from a UK salary for a tax year: income tax by band (England, Wales and Northern Ireland, or Scotland), employee National Insurance, student loan repayment and pension contributions, with yearly, monthly and weekly take-home and the employer National Insurance and total cost to the employer.

Calculate the combined UK tax on income from several sources in one tax year (employment, self-employment, rental profit, dividends and savings interest), allowing for PAYE tax already deducted: income tax, National Insurance, student loan, what is left to pay and take-home.

Add VAT to a net price or take it out of a gross price at the standard (20%), reduced (5%) or any other rate, with the net, VAT and gross amounts.

Say whether and when Making Tax Digital for Income Tax applies to someone, from their qualifying income: self-employment turnover plus property income, before expenses, as on their Self Assessment return. Employment and pension income do not count.

Check whether a UK PAYE tax code (e.g. 1257L, BR, K475, 1257L W1/M1) looks right for a salary and circumstances, explain what it means, and estimate any over- or under-payment. Flat-rate codes (BR, D0, D1) are only judged when hasMultipleJobs is known; without it the verdict is needs_info. Returns a verdict tier; refund figures are estimates, not amounts owed.

Check whether a turnover is over the UK VAT registration threshold for a tax year, and compare VAT payable under the standard scheme with the Flat Rate Scheme for the business's sector rate, including the first-year discount, with the cheaper scheme and the difference.

Work out whether the domestic VAT reverse charge for construction services applies to an invoice, by HMRC's decision steps. Takes the yes or no answers known so far and returns the next question to answer, or the outcome with what the invoice must say.

Compare a contractor's take-home pay working inside IR35 (deemed employment payment, employer National Insurance) with working outside IR35 through a limited company, from the day rate and working days, for a tax year. It compares pay; it does not decide IR35 status.

Compare take-home pay as a sole trader with running the same profit through a limited company (salary plus dividends, corporation tax and accountancy cost) for a tax year, with the annual difference and an approximate break-even profit.

For a limited company director, work out take-home pay from a chosen salary plus dividends paid from the remaining profit after employer National Insurance and corporation tax, with every tax and the effective rate, for a tax year.

Convert an hourly rate to the annual salary it adds up to for the hours a week and paid weeks a year given, with take-home pay on that salary for a tax year.

Convert an annual salary to its gross hourly rate and the take-home pay per hour, for the hours a week and paid weeks a year given, in a tax year.

Create and save a draft invoice in the signed-in person's TapTax account from a client name and one or more line items. No saved client, earlier invoice or client email is needed to create it; an email is only needed later, to send it. It is numbered in their sequence, uses their saved business details, and is not sent. Free plans include 3 invoices; paid plans are unlimited.

Estimate Self Assessment late filing penalties, late payment penalties and late payment interest on the tax due, from how many days late the return was filed and the tax was paid.

Estimate UK income tax and Class 4 National Insurance for a sole trader from turnover and allowable expenses, with the take-home figure, effective and marginal rates, payments on account and tailored tips, from HMRC's published rates for the tax year. Works from the figures given, without a TapTax account.

Generate invoice numbers: the next number after a given one (keeping its prefix and zero padding), or a run of numbers in a chosen format (prefix, separator, optional year or month, number of digits) from a starting number.

Read the signed-in person's own mileage log in their TapTax account for a tax year: total miles, the deductible amount at the approved rates, and the most recent trips.

List the standard Making Tax Digital quarterly update periods and deadlines for a tax year, and which one is next. Updates are cumulative from 6 April.

Read the signed-in person's own TapTax account: their tax year so far, as their dashboard shows it: business income, expenses and profit counted by the filing rule, the estimated income tax and Class 4 NI, how many transactions still need a business-or-personal decision, which quarterly updates they have filed through TapTax, and the next deadline. Needs no figures from the person: everything comes from their records.

Read the signed-in person's own invoices from their TapTax account, newest first, with each one's live status (a sent invoice past its due date reads as overdue) and the totals outstanding and overdue. Needs no details from the person.

Read and search the signed-in person's own income and expense records in their TapTax account, newest first. Filter by tax year or dates, type, text in the description, or needsReview=true for the ones still waiting for a business-or-personal decision (the review queue). Needs no details from the person beyond what to look for.

Record a business journey in the signed-in person's mileage log. TapTax prices it at the approved mileage rate for the tax year (tiered after 10,000 car miles). Commuting to a permanent workplace is not business mileage. Mileage tracking is on the Pro plan.

Record that the client has paid an invoice (dated today). Stops any payment reminders.

Plan how much to set aside for tax as a sole trader under Making Tax Digital, from the year's profit or each quarter's profit: the income tax, Class 4 National Insurance and student loan due, monthly and weekly amounts to put away, running totals by quarter with each update deadline, and any first payment on account.

Prepare an invoice, quote, receipt, credit note or pro forma invoice in TapTax's free document generator, without a TapTax account. Returns the totals and a link that opens the generator with the document filled in, where the person checks it, adds a logo if they like, and downloads the PDF. The details travel in the link itself and are not stored by TapTax.

Get the signed-in person's Making Tax Digital quarterly update ready: the cumulative income, expenses and profit from 6 April to the end of the quarter, what still needs reviewing, and a card with a button that opens TapTax to check and file it. Filing itself always happens in the TapTax app, never from the chat, so HMRC receives the details of the device the person files from.

Get one of the signed-in person’s invoices ready to email, with its PDF, to the client address on it from their business name. It opens a card showing exactly what the client will receive (who it goes to, the lines and the total) with a Send button. Nothing is emailed until the person presses Send on that card.

Emails the invoice shown on a TapTax send card to its client, when the person presses Send on that card. Needs the one-time token the card was given.

Change a transaction the signed-in person owns: mark it business or personal (this is how the review queue is cleared), or correct its category, description, amount or date.