Your business tax and accounts, managed in real time
We provide free, fully featured FreeAgent accounting software to simplify your daily bookkeeping and tax preparation. Combined with your own dedicated UK accountant, you get unlimited proactive advice and absolute clarity over your numbers.
Free to set up No minimum contract Switch in minutes
All-inclusive from
£42.50/mo + VAT
Setup fees or hidden contract charges
Annual direct software saving for limited companies
Small profits Corporation Tax rate under £50k
Current UK VAT registration threshold
What you get with Accounting Software
Key things to know about accounting software
Understanding VAT rules and deadlines
Staying on top of VAT keeps your cashflow healthy and ensures you remain compliant with HMRC rules.
- The compulsory VAT registration threshold remains at £90,000 for the 2025/26 and 2026/27 tax years
- You must register if your taxable turnover exceeds £90,000 in any rolling 12-month period, not just the tax year
- You must also register if you expect your taxable turnover to exceed £90,000 in the next 30 days alone
- VAT returns are typically submitted online every quarter, exactly one calendar month and seven days after the period ends
Preparing for Making Tax Digital
HMRC is phasing in digital record-keeping and quarterly reporting requirements for businesses and landlords.
- All VAT-registered businesses must already use Making Tax Digital compatible software to file their VAT returns
- From 6 April 2026, sole traders and landlords with qualifying income over £50,000 must use compatible software
- From 6 April 2027, the mandatory threshold for sole traders and landlords drops to qualifying income over £30,000
- Qualifying income is based on your gross business and property turnover, not your net profits
Corporation Tax for limited companies
Limited company profits are subject to different tax rates depending on your total earnings.
- The small profits rate of 19% applies to company profits under £50,000 for 2025/26 and 2026/27
- The main rate of 25% applies to taxable profits over £250,000 in both financial years
- Profits between £50,000 and £250,000 are taxed on a sliding scale with marginal relief applied
- Corporation Tax is normally due for payment nine months and one day after your company financial year ends
Self Assessment dates and rules
Sole traders, partners, and company directors must file an annual tax return to report personal income.
- The deadline for submitting your online Self Assessment return is 31 January following the end of the tax year
- Any tax you owe for the year must also be paid to HMRC by this same 31 January deadline
- Payments on account are due on 31 January and 31 July if your previous tax bill exceeded £1,000
- Failing to file your return on time triggers an immediate £100 penalty, even if you owe no tax
The difference a dedicated accountant makes
Free software, zero hassle
We include FreeAgent free with every package, saving you up to £468 plus VAT annually compared to buying it directly. There are no setup fees or hidden contract charges.
A dedicated UK accountant
You get a named, qualified accountant who gets to know your business. We log into your FreeAgent account to review your numbers, answer questions, and submit your returns.
Real-time tax clarity
Never guess your tax bill again. The software calculates your tax liabilities automatically as you work, so you always know what to set aside.
Fully Making Tax Digital compliant
Submit your VAT and income tax updates directly to HMRC using approved software. We keep you ahead of all changing digital tax deadlines.
Going it alone vs having us in your corner
You can absolutely do your own books. Here's what actually changes when a dedicated accountant takes it off your plate.
Doing it yourself
Accounting software
Pay for FreeAgent yourself — that's £100s a year on top.
Tax savings
Easy to miss allowable expenses, reliefs and allowances.
Your time
Evenings lost to receipts, spreadsheets and HMRC admin.
Knowledge & deadlines
MTD, National Insurance and filing dates — costly to get wrong.
With Workwell
Accounting software
FreeAgent included free, set up and ready to go.
Tax savings
Proactive planning to claim every allowance — often saving more than we cost.
Your time
We handle the books and filing, so you get your evenings back.
Knowledge & deadlines
A named accountant keeps you compliant and filed on time, every time.
The bottom line
Free software, more tax saved and your time back — for just £42.50/mo.
Most clients save more in tax and software than they pay us. Switching takes minutes.
Everything, sorted
Software and Setup
- Free FreeAgent account set up and configured for your business
- Historical data migration from spreadsheets or other platforms
- Secure bank feed connection to automate your daily bookkeeping
- Personalised walkthrough to show you how to raise invoices and log expenses
Ongoing Bookkeeping Support
- Regular reviews of your FreeAgent records to ensure accuracy
- Proactive categorisation of tricky expenses and capital assets
- Reconciliation support for unmatched bank transactions
- Continuous monitoring of your business cashflow and tax positions
Tax Filing and Compliance
- Preparation and direct submission of quarterly VAT returns
- Year-end accounts preparation and filing with Companies House
- Corporation Tax return calculation and HMRC submission
- Personal Self Assessment tax return completed by your dedicated accountant
Proactive Advice
- Unlimited email and phone support with your named, UK-based accountant
- Tax planning advice to ensure you pay the correct amount legally
- Guidance on salary and dividend mixes to maximise tax efficiency
- Regular updates on changing HMRC thresholds and legislation
“Workwell has administered my company since formation in 2014. I am very happy with the quality of the service that they have provided. Danielle and Ross, in particular, have been excellent in their roles as lead client accountants.”
Limited company client
With Workwell since 2014
Questions, answered
Ready to get accounting software sorted?
A dedicated accountant, unlimited advice and free software — one simple monthly fee. Set up in minutes.