This is my first time filing – which plan do you suggest?
Take our quiz! As a first-timer, taxes can seem overwhelming. You may feel like you have a lot of questions, ranging from the seemingly simple to more complex queries. This is totally normal, which is why we designed our Complete package the way it is. Alongside ongoing support from a Finmo Tax Expert, you’ll also get multiple reviews of your Self Assessment by an accountant. This can be helpful for first-time filers, or people with more complex tax situations (like if you work multiple jobs).
Why would I choose Lite instead of Complete?
If you’ve ever felt like you’re paying your accountant too much for the value they bring to the table, our Lite package could be for you. Typically, people choose this package if this is not their first time filing their taxes. You’ll still get ongoing support from a Finmo Tax Expert, but you’ll just get the one review of your Self Assessment by an accountant. This could be enough for you if your situation isn’t that complex, or you’re more experienced with tax returns in general.
What if I’ve been using a different expense and income tracker?
No worries. If you wanted to import your data without using Finmo’s tracker, we can do that for you. We do this free of charge for those with our Complete package. For those with our Lite package, it’s just an extra one-off fee of £25 + VAT.
What if I don’t want to use Finmo’s app and just want to send in my expense list?
No problem, we can sort this for you. It’ll be free of charge for those with our Complete package, and for those with our Lite package, we’ll charge a one-off fee of £25 + VAT.
What if I need an Accountant to do some research based on my specific situation?
In most cases, our Accountants have the answers they need at their fingertips. However, some people have very specific situations that may require some more in-depth research. In these cases, we’ll do one of two things. We can refer you to someone in our network who specialises on the topic in question or will charge you a one-time fee for the research. You can discuss this with your Tax Expert before any payments.
If I don’t want to do my Self Assessment through Finmo, can I export my data?
While we’d recommend carrying out your Self Assessment through Finmo, it is possible to get your data exported if you decide to go down another route. This will be in .csv file format (or .xlsx or .pdf if you’d prefer). Along with your transactions, descriptions, dates and tags, we’ll also provide the HMRC categories if applicable. We can do this for £25 + vat – just email us at firstname.lastname@example.org to get started. The reason we recommend doing your Self Assessment with us, though, is because we’re able to offer on-hand expert advice throughout the process, and can help you optimise your taxes fully at a fraction of the usual accountancy cost. Want to chat it through? We offer a free consultation to anyone who’s interested.