The dashboard in Connect presents an online summary of your current business position, updated daily to take the stress out of managing your finances, Dashboard’s single-screen snapshot alerts you to payment deadlines, monies due and invoices paid. Better still, it gives you a snapshot of precisely how much you can safely take from your account every day, reducing the danger of going accidentally overdrawn or not setting enough aside for the taxman.
Money manager is the most efficient way of organising your finances. It provides you with the crucial ‘one number’ you always need to know – the amount you can withdraw from your business, after accounting for liabilities like tax and bills. You can check your business’ performance at a glance, see how much is in the bank or view your personal and business tax liabilities. There is also a personal tax tracker you can activate to monitor what your estimated Personal Tax bill will be at the end of the year and how much you should have set aside to date.
Expenses in Connect take the hassle out of logging and claiming for your company expenses with our innovative ‘snap and run’ feature, you can capture receipts with your mobile device and log them online in just a few seconds, so your accounts are always up-to-date and your expenses are organised and easy to see at a glance.
Connect displays your paid and unpaid invoices, allowing you to build your own database of customers, raise and dispatch professional invoices to them in seconds. You can see at a glance which invoices have been paid, when they were paid and which are overdue.
The IR35 area enables you to organise your assignment assessments in one place. When you have a new assignment, you can submit your contract and details of your working practices to our specialist IR35 Legal Team for review at any time. And if you ever need to prove your employment status, you have the back up of an expert legal opinion and advisers on hand.
Planner enables you to plan and review your financial year armed with every piece of the data you need, all organised and displayed in one user-friendly application. If you ever worry about missing key financial events, such as tax deadlines or end of year accounts, this intelligent calendar is the personal assistant you always wish you’d had. It spots when payments have been made and missed by reviewing your bank statements daily. It also shows you clearly what is due to happen and when – keeping you in the picture and well-prepared for any milestones that are looming on the horizon.
Tax planner in Connect saves you time and stress – as well as money. It brings together a library of information, videos and guides to help you plan ahead and consider how to optimise your net earning potential. And of course, because we go the extra mile for our customers, if you have any concerns over your tax planning, our friendly tax specialists are available to speak to you over the phone and ensure your money is working as hard as it can be.
Document storage holds your helpful paperwork, documents and key forms, including HMRC correspondence and your Monthly Management Accounts for a minimum of 7 years, accessible instantly and in full, automatically filed by us and easily retrievable by you, 24/7.
The knowledge centre is like a 24/7 business advisor, packed with hundreds of pages of valuable information about running your business – tax, employment law, marketing guides, statutory obligations. It is frequently updated, easy to use and designed to support your business, whatever industry you operate in.