Online accounting software provider KashFlow have partnered with Cashplus to provide UK small businesses and sole traders with enhanced control and tracking of their business spending.
Tracking expenses through the year can make a huge difference when it comes to filing the Self-Assessment on January 31st.
With the latest deadline just passed, KashFlow are aiming to help small businesses plan ahead for the next one to avoid another last minute rush or ‘week from hell’.
“Preparation is key to a successful Self-Assessment,” says Oliver Shaw, KashFlow CEO.
“And as much as it’s important to make sure you’re paying the right amount of tax, it’s equally important to make sure you’re claiming all the right business expenses back too. After all, they’re there to help keep small businesses going and ensure their owner/operators don’t go out of pocket helping keep the economy going.”
“By partnering with Cashplus, KashFlow are now able to offer small businesses and sole traders a complete expense solution. By adding their expenses to the Cashplus card as they work through the year, the UK’s business owners can keep track of all their outgoing expenses in one place.”
The Cashplus partnership allows small business to manage their expenses in one place through an expense card, which provides a low cost alternative to business credit cards
“It’s a genius solution that’ll give small businesses easier-than-ever expense management and allow them to pay bills and suppliers all from one place. This takes a bit of pressure off logging each spend, as it’s all done through a card.
“And when it comes to year-end, filing their tax return will be their easiest yet thanks to accounting software helping them track proof of their expenditures and holding paid invoices, receipts and other paperwork in one place.”
“We’re delighted to be working with KashFlow to provide a practical solution, which will help their small business customers to improve visibility and control over expenses and be better prepared for Making Tax Digital” comments Nick Biggam, Cashplus Commercial Director.
The Cashplus and KashFlow partnership is now live. For more information, please visit: https://www.kashflow.com/expense-management
ENDS
About KashFlow
KashFlow is a UK-based software company that offers easy-to-use Accounting, Payroll and HR software designed specifically for small businesses. Founded in 2005, KashFlow was one of the UK’s first accounting SaaS providers, and now has a growing customer base of over 57,000 UK sole traders, micro-businesses and small businesses.
From getting paid faster to reducing admin time, KashFlow offers paperless and jargon-free accounting and business solutions to time-strapped owner-operators in every industry. For more information, advice and free demos and software trials visit www.kashflow.com.
About Cashplus
Cashplus, the trading name of Advanced Payment Solutions Ltd (APS), has been FCA authorised and regulated for the past 13 years. During this time, it has amassed a string of ‘Firsts’, including the first non-bank to offer banking services through the 11,500 Post Office branches and the first to introduce an instant online business current account.
Cashplus, one of the pioneers in Fintech, has developed a wide range of digital banking services, which challenge the traditional banking model. Through its proprietary technologies, award winning products and superior in-house data analytics, Cashplus has been able to offer over 1.3 million customers fast, convenient and transparent banking solutions to efficiently manage their finances and business cash flow. Recently voted the Best Challenger Bank 2017 by readers of PayBefore, Cashplus continues to provide innovative banking solutions for the customers overlooked by traditional banks.
Authorised and regulated by the Financial Conduct Authority, APS has a full permission credit licence for consumer credit activities (FRN 671140). APS Financial Ltd (“AFL”), a subsidiary of APS, is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 900002).
AFL was the first non-bank issuer to gain Mastercard membership and is a member of both the Electronic Money and Emerging Payments Associations.