For sole traders
Do your own tax, without the January panic
Log income and expenses as you go, claim your mileage at HMRC rates, and file your Self Assessment quarterly updates and Final Declaration straight to HMRC under Making Tax Digital — no spreadsheets, no shoebox of receipts.
- ✓Snap receipts and let AI read the amount, date and category
- ✓Track business mileage and claim the correct HMRC allowance
- ✓See your profit and estimated tax in real time, all year
- ✓File quarterly updates and finalise the year directly with HMRC
Receipts & expenses
Capture receipts with OCR and keep a complete, categorised expense ledger mapped to your SA103 boxes.
Mileage at HMRC rates
Simplified mileage or actual costs — FTrak applies the correct rate and the 10,000-mile threshold.
The £1,000 trading allowance
FTrak factors in the trading allowance so your figures and tax estimate are right.
MTD filing
Connect to HMRC once and submit your Self Assessment quarterly updates and Final Declaration. Recognition in progress.
What's in scope: FTrak covers income from self-employment and property. If that’s your only taxable income you can do the whole cycle here — no accountant needed. If you also have other income (an employed job, dividends, savings interest or capital gains), you may need to account for that separately or take advice.
New to Making Tax Digital? Read what MTD means for you, or try the free tax calculators. FTrak is software and is not a substitute for professional advice.