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The Benefits of Earnr App

Traders- Hints & Tips

This blog explores the benefits of Earnr, an app to help you keep track of your finances and submit Self Assessment taxes easily.

What is Earnr?

Have you heard of Earnr app? If not, it’s time to investigate! Click here for details.

As it’s free to download and use, why not download it now and have a browse to see what it can do for you?

Earnr is an app that helps anyone with a side hustle, a craft business, small business owners or people with any additional income source, to keep track of their finances. If you can’t afford expensive software or an accountant, it’s especially useful and helps you ensure that you stay on top of your finances whilst still having time to be creative.

The Benefits of Earnr App

Making Tax Digital becomes UK law in 2024, meaning that you will need to submit quarterly returns for your Self Assessment tax rather than annual ones; you’ll be submitting a tax return every 3 months. HMRC have certified a few apps to help you do this, and Earnr is one of them.

Earnr helps you to keep a track of your income and expenditure, receipts and other financial business, making submitting your taxes much easier and ensuring that you stay up to date on the right side of the law.

Using Earnr for your book-keeping is free to download and use if you want to just keep a track of your income and outgoings. If you submit your Self Assessment taxes with an income of under £3000, it is free, or there’s a flat fee of £99 if you submit a Self Assessment income of over £3000.

Want to know more about Earnr?

The benefits of Earnr app are clear, which is why Pedddle Founder Nicki recently held an IG Live chat with Danni and Enzo from Earnr, about submitting tax returns. If you want to check out the chat, find out the most frequently asked questions and get some tips, click here.