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
To do this, head to More > Tide Accounting > Manage tab > Cancel subscription.
You can do this on either mobile or web.
You can see your previous Self Assessment estimates by going to the overview page. Change the date using the drop down to choose the report you’d like to view.
You can see any VAT returns you’ve previously filed through Tide by going to Tide Accounting > the VAT Manager tab > Previous.
You need to submit your VAT return before the deadline, which will be one month and 7 days after the end of your VAT period. For example, if your VAT return period ends on 31 March, your VAT return will be due by 7 May.
You need to calculate this yourself, and then add a custom amount. Different items in the UK have different VAT rates applied. You can check this list of VAT rates.
Yes! When you add VAT on your timeline (on either mobile or web), this will automatically update in Tide Accounting.
Yes, any transaction you categorise on your timeline (on either mobile or web) will be reflected in Tide Accounting as well.
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.
We support businesses who are on the Standard VAT Accounting Scheme and also the VAT Cash Accounting Scheme.
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 £9.99 + VAT per month. However, while we’re working on adding additional features to the product, we’ll be offering discounts.
Tide Accounting is currently available for the following business types:
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.
No, you can access Tide Accounting on mobile too. At the moment, you can manage your transactions and subscriptions on both mobile and web, but you can only view your reports in Tide on the web. We’ve got plans to allow you to do more on mobile, so watch this space.
With cash accounting, a company records revenue when they receive customer payments and records expenses when they make payments to suppliers. Taxes are calculated on the resulting net income, so you don’t have to pay taxes on money you haven’t collected. Accrual accounting recognises revenue when it’s earned, and expenses when they’re incurred (but not paid).
Tide Accounting is available to businesses using either cash accounting or accrual accounting.
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 – and if you’re VAT registered, you’ll also need to add VAT rates. 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 only based on the transactions in your Tide account and any manual transactions you’ve added.
Find answers to all our most frequently asked questions and how to contact our Member Support team.
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.
