Every year, the UK's self-employed struggle to get their yearly accounts information together and find the whole process both stressful and time-consuming. Many of them don't keep good records and collect their expense receipts in bags and boxes to be dealt with later which often results in higher accountancy and tax bills.
To solve this problem 1tap have developed a mobile only app that turns receipts into tax deductions with just one tap. Simply photograph a receipt, invoice, bill or even a train ticket (or email electronic ones directly into the app) and 1tap will extract all the key data and then categorise it as per the self-assessment form. Users can then submit the information directly to HMRC themselves or share their data with a trusted advisor or accountant to check and submit for them.