Ledgerless

Business account · August

Safe to spend

£3,418

That is what is actually yours this month. Ledgerless takes your income, holds back the tax and National Insurance the moment it lands, and shows you one number you can spend without a knot in your stomach.

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£9 a month · no transaction fees

Where the money sits

Three balances. One of them is yours.

In the account

Everything that has landed this month, before anything is held back.

£7,946

Held for HMRC

Income tax and National Insurance, moved out the moment each payment arrives.

£3,102

Rolling buffer

A quiet cushion for the month a client pays late. You can release it any time.

£1,426

Safe to spend

The only figure on this page you need to remember.

£3,418

Set-aside rate, month by month

Not a flat 30 percent guess.

We recalculate your set-aside every time you get paid, using your actual year-to-date income, not a flat 30 percent guess. Have a quiet month and the number goes up, not down.

26%

Apr

31%

May

22%

Jun

34%

Jul

29%

Aug

18%

Sep

33%

Oct

37%

Nov

24%

Dec

30%

Jan

35%

Feb

41%

Mar

September was quiet — two invoices, no retainer. The rate dropped to 18 percent and your safe-to-spend number went up the same afternoon.

Filing day

One button, in January.

In January we prepare the return, show you every figure and where it came from, and file it when you press one button. If we get the maths wrong, we pay the penalty.

01

We prepare it

Your return is drafted from the payments already in the account. Nothing to upload.

02

You see the workings

Every figure links back to the invoice, expense or transfer it came from.

03

You press once

Approve and we file it with HMRC, then pay the bill from the money already held.

04

We cover our errors

If we get the maths wrong, we pay the penalty. That is the whole guarantee.

The fee, in full

£9 a month.

No transaction fees, no FX markup above 0.4 percent, no charge for filing.

Honestly

Who it is not for.

Limited companies with employees.

VAT-registered businesses over the threshold yet.

Anyone who enjoys spreadsheets.

If that is you, we would rather say so now than take £9 a month off you for a year.

£85,000

Deposits held at a UK clearing bank and covered to £85,000 by the FSCS. Ledgerless is an agent, not the bank.

Ten minutes, one form

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Then stop thinking about January. Your safe-to-spend number updates the moment the next payment lands.

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£9 a month · cancel any time · deposits covered to £85,000 by the FSCS