Let’s face it, as rewarding as it can be to work as a sole trader or as the owner of a small business, the process of dealing with tax returns, invoices and the allocation of resources can be a constant headache. If you’re ready to get on top of it all so you can better focus on the work you have to do then Intuit QuickBooks is here to help.
Given that Intuit QuickBooks has been serving freelancers and business owners for over three decades, there’s a good chance that you’re already heard about the software in some form or another, and even though there are now more competitors than ever in the financial management market, Intuit QuickBooks still stands tall as the most feature-rich option available, and it’s only getting better.
The talk of the self-employed town right now is the upcoming change to the UK self-assessment system known as Making Tax Digital. Within the parameters of MTD, self-employed workers will soon be required to submit tax returns every three months as opposed to twice a year. While this should help to spread out the work involved in submitting tax returns, the change will need to be factored in efficiently to avoid being penalised. Thankfully, Intuit QuickBooks is one of the few options out there that’s officially recognised by HMRC for its ability to work seamlessly with the MTD programme.
When you have Intuit QuickBooks running in support of your business, you won’t run the risk of missing crucial deadlines under MTD as the software will remind you of when the next self-assessment needs to be submitted by. This stress-free approach to tax is also behind the company’s new range of AI driven accounting tools.
These AI agents are able to take a huge chunk of the accounting process off of your to-do list. For instance, the Accounting Agent can automate your bookkeeping and ensure that any incoming or outgoing cash is labelled correctly, as well as keeping an eye out for anomalies that might otherwise cause problems down the line.
When it comes to ensuring that there’s a steady stream of work pouring in, this is where the Customer Agent can take the reins. By integrating with your email inbox, this Agent is able to keep track of potential leads that are worth investigating, and even draft up proposals for you to send out quickly.
These AI features (and many more) are exactly why Intuit QuickBooks customers are one step ahead of the competition, and able to spot business opportunities that others might have missed. In fact, no other accounting software can really compare with the breadth of features provided by QuickBooks. Even the entry-level QuickBooks Simple Start account is able to outdo Sage and Xero when it comes to VAT error checking and income tax estimates respectively.
Long-standing QuickBooks staples like the ability to automatically capture data from a scanned/photographed receipt, and having the activity of all your bank accounts viewable in one centralised spot are game changers for streamlining the everyday minutiae that are essential for making sure that your business runs as efficiently as possible.
Depending on the scale of your business, whether you’re a sole trader who works on a freelance basis or the owner of a small business that employs a handful of people, there is an Intuit QuickBooks tier to suit your needs. The aforementioned QuickBooks Sole Trader costs as little as £10/month whilst the expansive QuickBooks Plus, which allows you trade in over 145 currencies and keep track of your inventory to see which products are proving to be the most profitable, only costs £47/month.
To sweeten the deal even further however, QuickBooks is offering a limited time 90% discount for the first six months of use. This is the perfect opportunity to kickstart your business in 2026, making sure that the New Year is a bright one. Head to the Intuit QuickBooks website now to see what the renowned accounting software can do for you and your income.
