SamsTax in Action

Trade Specific Accounting SamsTax is configured specifically to your trade and industry. When you sign-up you select your trade and we create the accounting categories specifically for you. We currently have over 90 different trades to choose from. If you can’t find the one you want select the closest to you or contact us on info@samstax.co.uk and let us know.

After you have registered you will be redirected to your home page. This is the same homepage you will receive everytime you log in. Here you have quick links to all the SamsTax functionality plus a message board where we will keep you informed of relevant news about tax, finance and your trade. Keep watching this space to keep up to date with your accounts and to see what new features are available from SamsTax.

Using SamsTax is as easy as entering your income and expenditure business transactions. These forms are tailored to your trade and are easy to complete. For each transaction enter a breakdown of the income or expense against each category. Each transaction is registered against a client or supplier. This enables you to see which clients are your best and which supplier costing you most.

The transactions page lists all of your transactions. You can sort these using any of the columns on view and can search using the transactions search facility. You can edit or delete any of the transactions from this view. There are also PDF reports of all of your expenses and income transactions plus a download that you can open in Excel.

SamsTax Business Reports

The power of SamsTax is how it takes the transaction information and creates powerful report to help you manage your business and satisfy the tax man. All of the reports can be downloaded in PDF format that are useful to show bank managers and investors.

Income and Expenditure Tracking. These colourful pie charts immediately show you where your profit is coming from and where your expenses are going.

The Monthly reports shows a breakdown by Income and Expense Category to allow you to see how your business profit changes month by month. The Profit Report shows you the total figures over an annual period.

The VAT report calculates exactly what you need to complete on your VAT return. It caters for Flat Rate and standard VAT and will also manage your Road Fuel Scale Charge.

The Tax Report is unique to SamsTax and calculates the figures you need to complete your Self-Assessment Tax Return. Simply download the report and it shows you exactly what figures to add to which box on the tax return.