IPHONE BOOKKEEPING APP SOFTWARE
Available to download today in the iTunes App Store, Earnest enables users to easily track their income and expenses on their iPhone and claims to be the only free app currently available under the HMRC initiative that also forecasts their tax commitments.Įd Molyneux, CEO and co-founder of FreeAgent, said: “HMRC challenged the software industry to create an easy-to-use-app that would help self-employed people and very small businesses keep track of their finances, and we’ve designed Earnest to do exactly that. However, many of these people still find it difficult to manage their accounts – which prompted HMRC to request software companies to develop an app that would provide assistance.įreeAgent has designed Earnest to be an easy-to-use, intuitive app that provides very small business owners with simple information and record-keeping functions that they require. Under HMRC guidelines, many very small business owners and self-employed people only have to file three-line accounts: recording income, expenditure and profit for the year. A new tax record-keeping iPhone app has been launched, designed to help the self-employed and very small businesses stay on top of their finances and tax commitments.įreeAgent developed “ Earnest” ( iTunes link) after being tasked by HM Revenue & Customs (HMRC) to create a free resource allowing self-employed workers and very small businesses across the country to keep track of their income and expenses and estimate the amount of tax that they owe.
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