Brookson's Unique Sole Trader Service

Connect – A new era in accountancy for sole traders

Brookson Sole Trader Service

… all your financial information will now be updated every single day.

At Brookson, we understand the challenges facing the self-employed freelancers and contractors and we have designed our services and software around supporting you in the running of your business.

Our unique sole trader service is delivered by a blend of proactive advice and our ground breaking Connect software. Connect is your interactive online business management tool which backed up by our team of accountants and customer service advisors and provides you with your unique business management service.

We have tailored our service to make your life easier and to ensure you can focus your time and energy on running your business, able to make informed financial decisions based on real time information. See how we compare with a high street accountant:

Service Offering	Brookson	High Street
Accounts and tax position updated daily	Yes	x (annually after year-end)
Run your business online from one screen	Yes	x
Online filing of all business documents including invoices and receipts	Yes	x
Proactive task planner reminding you of all key financial tasks and enabling you to plan ahead for key deadlines	Yes	x
Credit control tool updated daily	Yes	x
Unlimited access to accountants and tax specialists for no extra charge	Yes	x
Produce and send professional invoices	Yes	x
Submit expenses when incurred for validation in year	Yes	x
Year-end accounts, Personal Tax return and VAT returns (if required)	Yes	Yes

How Connect has changed the face of accounting for small businesses.

‘One number’ that means you’ll never have to work in the dark…
Connect updates your financial information daily. That means you can clearly see how much you can safely take out of your business after all your income, expenditure and taxes are accounted for. It’s ‘one number’, always available for you and updated every day.

You can run your business from one screen...
With Connect, you can drill as deeply into your business finances as you wish. Or pretty much run them from your opening Dashboard, if that’s more your style. Either way, all your details are updated daily and always there for you and us to view. If we spot an issue with your accounts one of our accountants will contact you to discuss this as it arises, not after the year-end!

Never miss a deadline or payment…
Connect’s planner function keeps you right up-to-date with what’s happening and when it’s happening throughout your financial year. It also shows what we’re taking care of for you, and what you need to do yourself – so you’re always on track and fully in the picture with all your company’s milestones and deadlines.

All your documents filed daily and held securely...
Connect provides the most comprehensive and intuitive virtual filing system. All your key documents filed daily and held securely for a minimum of seven years, every single day – and available to access in seconds.

A complete picture of your business…
Profit, turnover, tax. All the key elements of your finances at your fingertips when you log on to Connect – and with Money Manager, it’s so easy to understand and manage them.

Personal and business tax planning synchronised…
As Connect updates your tax situation every day, you can forward plan with confidence. With Connect you get one clear picture outlining both your business and Personal Tax obligations – at a glance. You can dispense with having to estimate your tax and National Insurance bills based on a “finger in the air” estimate using an average percentage rate.

Always be prepared…
Connect enables you to respond in seconds when you need to supply financial details – for mortgage applications or to loan providers, for example. So you can provide accurate figures with total peace-of-mind and without delay.

Manage your invoices and expenses whenever and wherever you need to…
Connect takes the day-to-day essentials to a new level. It is an exceptional credit control tool that provides a snapshot of all paid and outstanding invoices – every day. Invoices can be produced and sent electronically in seconds. Expenses can be scanned and logged on-the-go from your mobile or tablet. Everything is connected and available for you to see and manage at a glance. This is more than a book keeping tool, encompassing the creation of professional invoices, credit control functionality and a virtual storage system for all you invoices.

Leave hindsight behind – no surprise tax bills…
With your tax position updated daily, you’ll never have to rely on guesswork. You’ll know exactly where you’re up to and the real amount you’ll have left to spend – with no surprises.