Self Assessment tax summary for therapists
Clarity adds up your income and allowable expenses for the tax year, in the categories the Self Assessment form uses. Filling in your return, or briefing your accountant, takes less time.
Your tax year, added up
Open Finances, then Tax year, and pick a year. Clarity shows it the way HMRC counts it, from 6 April to 5 April.
- Turnover, allowable expenses and net profit at the top.
- Expenses grouped by Self Assessment category, with anything not allowable or left out clearly marked.
- Income counted when it’s received (the cash basis), and a paid invoice never counted twice alongside its sessions.
- If your allowable expenses are under £1,000, a note reminds you about the £1,000 trading allowance.
- The current tax year and the five before it.
Expenses in Self Assessment categories
When you add an expense, you give it a category such as room hire, supervision or insurance. Clarity matches each one to a category on the Self Assessment form. For example:
- Room hire and insurance go under rent, rates, power and insurance costs.
- Supervision and accountancy go under accountancy, legal and other professional fees.
- Travel goes under car, van and travel expenses.
- Software goes under phone, fax, stationery and other office costs.
- Marketing goes under advertising costs.
If you or your accountant would put a category somewhere else, change it once and it applies to every year.
Attach a receipt to any expense as a PDF. Costs that repeat, such as a monthly room booking, can remind you when they’re due.
Ready for you or your accountant
- Download summary gives you one line per category.
- Download transactions lists every payment and expense in the tax year, with its date, description and category.
- Both are spreadsheet files (CSV) that open in Excel, Numbers or Google Sheets.
Client names are left out of both files. Anything you type into a payment’s description is exported as written, so keep names out of it.
Use Xero? You can send your income and expenses to Xero instead.
What it doesn’t do
- Clarity doesn’t file your return or send anything to HMRC, including for Making Tax Digital.
- It doesn’t work out how much tax you owe.
- It doesn’t track mileage.
What it does give you is accurate totals, in the right categories, to file with or hand to your accountant.
Common questions
Does Clarity file my Self Assessment return?
No. Clarity gives you your totals by Self Assessment category, and files to download. You or your accountant file the return.
Which tax year does Clarity use?
The UK tax year, from 6 April to 5 April. You can look at the current year and the five before it.
Are client names included in the downloads?
No. Client names are left out of both files. Anything you type into a payment’s description is exported as written, so keep names out of it.
Does it work with Making Tax Digital?
Not directly. Clarity doesn’t submit anything to HMRC. You can download your figures, or send them to Xero if you use it.