Penny categorises your transactions with 95%+ accuracy and explains every decision in plain English. She learns your business patterns over time and gets smarter the longer you use her. Xero has rules. Sage has rules. Penny has a brain.

Every categorisation comes with a confidence score. 98%? Applied automatically. 65%? Flagged for your review with Penny’s full reasoning shown. Nothing gets miscategorised silently. Nothing gets missed.

Penny spots unclaimed home office allowance, capital allowances on equipment, higher rate threshold risks, and tax shortfalls — and tells you before the deadline passes. Proactive. Automatic. Included on every plan.

Say ‘create an invoice for £500 for web design to john@example.com’ and Penny handles the rest — finds or creates the customer, sets VAT, generates a draft.

Your estimated income tax, NI, and VAT liability updates live as every transaction comes in. Penny identifies tax-saving opportunities automatically and flags them before the deadline passes. Your accountant sees the same view in real time.

SA100, SA103S, SA102, SA105, and SA110 schedules auto-detected and pre-populated directly from your records. Calculate tax, review, save draft, submit directly to HMRC — without copying a single number manually. Xero Tax is accountant-only. Ours is for everyone.

MTD-compliant VAT returns built automatically from your categorised transactions. Every VAT rate covered — standard, reduced, zero, exempt, reverse charge, CIS domestic, EC goods, flat rate. Pre-submission checks flag anything unusual before you file.

A central hub for every HMRC filing — VAT returns, MTD quarterly updates, Self Assessment, CIS monthly returns, and Corporation Tax. Interactive calendar with colour-coded deadlines, status badges, and overdue alerts. Your accountant sees the same view across all their clients.

See your projected cash position weeks ahead. Penny factors in your upcoming VAT bill, Self Assessment payment on account, outstanding invoices, and recurring expenses. Set aside the right amount, every month, automatically.

Every deadline across VAT returns, Self Assessment, CIS monthly returns, Corporation Tax, and PAYE tracked in one colour-coded view. Automated alerts fire before anything goes overdue. Your accountant sees your deadlines too.

Download PDF confirmation receipts for every HMRC submission. Automatic email confirmations with form bundle numbers. Never lose proof of a filing.

Create tasks, set priorities, assign due dates, and track invoices to chase — all linked to your financial data. Penny automatically surfaces overdue items as tasks. FreeAgent calls this a to-do list. We call it your command centre. Included on every plan.

Create professional invoices with VAT calculated automatically. online payment links let clients pay instantly. Batch PDF download — something no other UK bookkeeping platform offers. Your accountant can raise their own practice invoices too.

Log mileage, snap expenses, and calculate your Work From Home allowance automatically. Penny calculates both the simplified rate (£6/week) and actual cost method and tells you which is larger. Upload receipts via Telegram, SMS, or email. No app needed.

Built specifically for UK contractors and subcontractors. Monthly CIS returns tracked, deductions calculated, and HMRC submissions managed from inside Accounted. No separate CIS software. No spreadsheets.

Upload receipts via Telegram, SMS, email, or web — however suits you in the moment. Penny matches every receipt to a transaction automatically. Matched, orphaned, and processing receipts tracked in one place.

Select invoices in bulk — email them all, download as ZIP, or mark as paid. No more one-by-one manual sending.

Corporation tax calculated automatically from your profit and loss. Penny models the most tax-efficient combination of salary and dividends for your situation every tax year. Your accountant sees the same numbers in real time.

Director’s loan balances tracked automatically. Penny flags when your loan account approaches the £10,000 benefit-in-kind threshold and calculates Section 455 tax exposure on overdrawn balances before it becomes a liability.

Built-in IR35 status checker aligned to HMRC’s actual CEST criteria. Assess each contract individually. Get a clear inside, outside, or borderline result with full reasoning shown. Renewal reminders before each new contract.

Track income and expenses across multiple rental properties. Section 24 mortgage interest restriction calculated automatically. Furnished Holiday Let detection. Rent-a-Room relief comparison. Foreign property with currency conversion included.

Track pension contributions against your annual allowance in real time. Penny flags when additional contributions would reduce your tax bill — particularly powerful near the higher rate threshold. Reminds you before the tax year end when it is too late to act.