We’ve kept things simple so you only get the features you need
Tide Accounting makes small business accounting simple and stress-free. So if you have little or no experience with bookkeeping or taxes, you’ll still find our tool easy to use.
If you’re a sole trader and you’re not registered for VAT, you can use Tide Accounting to estimate your tax liability – and get your Self Assessment tax return ready to submit to HMRC.
Simplify your tax reporting with Tide Accounting. Get real-time insights into your liabilities to make your accounting easy and headache-free.
Plan ahead for your tax deadlines and know exactly what you need to pay.
Use enhanced views to get a breakdown of all your Tide account transactions.
Modify your tax return with ease for complete and accurate submissions.
If you’re a non-VAT registered sole trader, you can view real-time profit and loss reports.
We designed Tide Accounting as an all-in-one bookkeeping software solution for small business owners. You don’t need any previous accounting knowledge to use it.
Our accounting categories match HMRC Self-Assessment fields to make form-filling easy
Our easy accounting software means you don’t need to be a professional accountant to use it
Say goodbye to spreadsheets with automated calculations of your tax liabilities
When you add VAT to your transactions, Tide Accounting automatically calculates the amount of VAT you have paid, and the amount of VAT you have charged your customers.
Yes, we currently can only cater to businesses that are on the cash basis for VAT. We plan to make the tool available for businesses using the accrual basis for VAT in the future.
Unfortunately, at the moment, VAT Manager only caters to businesses on the standard rate scheme for VAT. We plan to make the tool available for businesses using the Flat Rate Scheme for VAT in the future.
You can use VAT Manager if you:
The full price is £6.99 + VAT per month. However, while we are working on adding additional features to the product, we will be offering discounts.
Tide Accounting is currently available for the following business types:
– Sole traders who are not registered for VAT
– Sole traders who are registered for VAT
– Companies registered for VAT
Tide Accounting has been designed to help business owners simplify accounting. Automating these tasks for you makes this possible. The tool assumes no prior knowledge of accounting.
Currently, yes, but we are working on making this available on the mobile app too.
With cash accounting, a company records revenue when customer payments are received and records expenses when supplier payments are made. Taxes are calculated on the resulting net income, so you do not have to pay taxes on money you haven’t collected. Accrual accounting recognizes revenue when it’s earned, and expenses when they’re incurred (but not paid).
Tide Accounting is only available to members that use cash accounting. As we advance the tool, it will become available for all accounting bases.
Unfortunately, at the moment, Tide Accounting would then not be compatible. We plan to make the tool available for businesses using CIS in the future.
First, you need to add a category to all of your transactions. When you do this, Tide Accounting automatically matches these categories to HMRC’s self assessment SA103 Business Income and Business Expenses categories. This is how we provide your self-assessment estimate – but please note, the estimate is based only on the transactions in your Tide account and any manual transactions you’ve added.
Tide Accounting costs £6.99+VAT per month. You will not be charged until 31 August 2023. From 1 September 2023 you will be charged a fee of £6.99+VAT per month unless you cancel before 1 August 2023. From 1st September 2023 the fee will be billed in the first week of each calendar month. You will be charged subscription fees in full for the month in which you cancel your subscription. There will be no pro-rata refund of subscription fees in case of early cancellation. Tide Accounting terms and conditions apply.
