Compliance
United Kingdom regulatory compliance, built in
Making Tax Digital
MTD for VAT fully supported. Digital record keeping with API submission to HMRC. VAT return (Box 1-9) auto-computation. Bridging software compliant.
VAT Compliance
Standard rate (20%), reduced rate (5%), zero-rated, and exempt supply tracking. Flat Rate Scheme support. Partial exemption calculations.
Corporation Tax
CT600 return data preparation. Capital allowances (AIA, WDA, FYA). R&D tax credit tracking. Loss relief and group relief computations.
CIS Management
Construction Industry Scheme deductions. Subcontractor verification. Monthly CIS return data. CIS suffered tracking for reclaim.
UK Banking
Open Banking integration. Faster Payments, BACS, and CHAPS tracking. Multi-bank dashboard. GBP, EUR, USD native support.
Companies House Ready
FRS 102 and FRS 105 (micro-entity) compliant reports. iXBRL tagging for Corporation Tax. Annual accounts data preparation.
Regulatory Coverage
MTD for VAT
HMRC API submission
MTD for Income Tax
Self-assessment digital records
Corporation Tax (CT600)
Annual CT return data
CIS Returns
Monthly CIS submissions
FRS 102 / FRS 105
UK GAAP reporting standards
iXBRL Tagging
Companies House & HMRC filing
Auto Enrolment Pension
Workplace pension tracking
Anti-Money Laundering
Audit trail & KYC compliance
Reverse Charge VAT
Domestic reverse charge (CIS)
Platform
Everything your finance team needs
General Ledger
UK chart of accounts, fiscal year flexibility, FRS 102/105 compliant
Accounts Payable
CIS deductions, VAT input claims, BACS payment runs, approval workflows
Accounts Receivable
VAT-compliant invoicing, AR aging in GBP, direct debit tracking
Banking
Open Banking feeds, Faster Payments, multi-currency reconciliation
Reports
P&L, Balance Sheet, VAT return summary, CT600 data, management packs
Tax & Compliance
MTD VAT, corporation tax, CIS, capital allowances, R&D credits
Period Close
Quarterly VAT reconciliation, annual statutory accounts, audit prep
Point of Sale
VAT-inclusive POS, contactless/card/cash, tipping support
ORIS AI
Receipt OCR, VAT code suggestions, cash flow forecasting, anomaly detection
“MTD compliance was a headache with spreadsheets. ThynkBooks handles our VAT returns, CIS deductions, and bank reconciliation in one place. Filing to HMRC takes one click.”
James Whitfield
Finance Director, Whitfield Construction Ltd - London
Pricing