In 2019 the way small businesses did their banking completely changed. But that’s not all - the way you prepared for your taxes changed too. What is this new approach and why are businesses switching?
15 years ago I started my first business as a sole trader so I know small businesses hate being stuck in the middle of admin mess. That’s why it’s our relentless mission at Countingup to make it simple for you to run your business.
Our new idea and new approach is the business account that does your taxes and, thanks to you, 2019 was a transformational year for Countingup.
Momentum you created
Award-winning, thanks to you
Voted for by customers like you, we won Best Business Banking App at the Accounting Excellence Awards quickly followed by the Innovation Award at the Contracting Awards.
It’s great recognition for a brilliant team. We thank you for your support!
Collaborate with your accountant
We launched our Accountant Hub to give your accountant web-based, real-time access to your accounting data. No longer do they need to chase you for bank statements and receipts. More than 1,000 accountants are now partnered with Countingup.
To invite your accountant please follow the simple steps in this support guide.
It’s also a good idea to drop your accountant a quick email to tell them you are using Countingup and copy in firstname.lastname@example.org. We’ll be able to pick up the conversation to get them set up quickly.
Creating your one killer app
This year we added some massive features to Countingup to simplify running your business including invoices, credit notes and bills.
What to look forward to next
We’re fast approaching the 31 January tax deadline day for self-assessment.
The big feature we’re planning to ship in the first quarter of next year is our tax estimate tool. This will give you real-time visibility of how much your tax bill is likely to be. Keep the taxman at bay with peace of mind throughout the year!
Thank you to the visionaries
Back in 2017, when I first had the idea for Countingup, the majority of people I spoke to didn’t get it. Common pushback was, “why would you combine banking and accounting into one?” or “why wouldn’t you just use Barclays and Sage?”.
I’m glad I didn’t listen.
I’m grateful to our team, investors and to you, our customers, for helping us make banking and accounting in one possible. 2019 really has been a transformational year. Thank you all and here’s to another one in 2020.
Founder & CEO