Freelance Budget for

United Kingdom

Pre-configured with everything British freelancers actually deal with: VAT, social charges, legal types, deadlines and mileage. Set up in minutes, never worry about the details.

GBP
Currency
2
Legal types
3
VAT rates
1
VAT regimes

Legal company types supported

Every type comes with its default social rate, VAT subjection and tax treatment — adjustable per entity if your situation differs.

Rates shown are defaults. You can override them per entity — handy if you have an exemption, a special scheme, or a startup allowance.

VAT regimes & rates

All applicable rates and regimes are configured. Switch between them in one click as your activity grows.

VAT rate

20%5%0%

Regimes supported

  • QuarterlyDefault
    7th of M+2 (next business day) · Accrual basis

Social charges schedule

Quarterly and annual payment months are pre-configured. Your treasury projection knows exactly when money goes out.

Quarterly payments

JanuaryAprilJulyOctober

Annual payment

January

Local agencies

HMRC

Frequently asked questions

Does Freelance Budget handle UK VAT?

Yes. Quarterly VAT (the standard regime for most UK businesses) is pre-configured with the 7th of the second month following the period end as the filing deadline, on an accrual basis.

Sole Trader or Ltd Company — which one fits me?

Both are supported. Sole Trader has lower social charges (~9%) but unlimited liability; Ltd Company is taxed at corporation tax + dividends/salary mix and has limited liability. The app handles both with the right defaults.

Does the app handle GBP?

Yes. GBP is the default currency for UK entities, but you can invoice clients in other currencies (EUR, USD, etc.) — Freelance Budget tracks the exchange and the realized cash.

Is HMRC compliance handled?

VAT calculations and deadlines are correct, and you can export the data needed for your accountant. We don't (yet) submit to HMRC directly — that's a planned integration.

Ready to take control of your British freelance finances?

Start a 7-day Pro trial — no credit card required. Everything is already configured for United Kingdom.