Honest answers.

Not quite. Finpliq is a finance and compliance workspace — built for owners, not bookkeepers. It avoids the chart-of-accounts complexity of traditional tools and focuses on what you actually need: knowing your numbers, tracking compliance, and preparing for year-end.

Yes — and most users do. Finpliq generates a professional accountant pack your accountant can use directly. Many find their bill drops significantly because the preparation work is already done when they arrive.

No. It reduces what you need them for. Finpliq handles the mechanical preparation. Your accountant provides professional judgement, reviews the pack, posts any year-end adjustments, and files. That combination is better than either alone.

Finpliq prepares your VAT figures and keeps your records MTD-ready. Direct HMRC submission is in development. For now, you or your accountant file using the figures Finpliq produces — which are clearly labelled with the transactions behind each number.

Finpliq generates a complete accountant pack — P&L, transactions, mileage log, VAT summary, draft trial balance, and SA103F Self Assessment mapping for sole traders. Your accountant gets everything they need in one workbook, ready to review.

Yes. Log business miles and Finpliq applies the correct HMRC rate automatically, splitting at the 10,000-mile threshold. The home office calculator compares the simplified (HMRC flat rate) and actual cost methods and recommends whichever saves you more.

No. Finpliq supports sole traders, freelancers, and limited companies. Limited company features include a Directors' Loan Account tracker with automatic s455 tax warnings, adjusting journals, period lock and CA certification, and draft trial balance.

Your financial data is stored in your account only. We do not sell or share it. All data is encrypted in transit and at rest.

Yes — this is one of Finpliq's core design decisions. Every UK tax threshold and rate is stored in the database, not hardcoded. A Chartered Accountant reviews each parameter on a schedule. When HMRC changes a rate, Finpliq updates without a software deployment. You are always working with current figures.