TradeKit™ User Guide

How it works, what each thing does, and why - in plain English.

TradeKit is a phone-first business app for UK sole-trader tradespeople. One app, one yearly price. It handles your quotes, invoices, expenses, mileage, customers, jobs, tax, and your direct submissions to HMRC. Built for plumbers, sparkies, builders, roofers, joiners - anyone running a one-person trade.

On this page

Who it's for

You don't need to be technical. You don't need an accountant - but TradeKit gives them what they need if you do work with one.

The quick tour

What you can doWhere it lives
Send a quote to a customerQuotes tab
Turn an accepted quote into an invoiceQuotes tab
Get paid onlineInvoice "Pay Now" link
Record an expense by snapping a receiptExpenses tab
Log a business tripExpenses → Mileage
Keep customer detailsCustomers tab
Track every job from quote to paymentJobs tab
Connect your bankTax tab → Bank Feed
Send quarterly tax updates to HMRCTax tab → Quarterly Returns
Submit a VAT returnTax tab → MTD VAT Returns
Verify a subcontractor under CISTax tab → Due Diligence
Generate a CIS PDS for a subbieTax tab → CIS PDS
Claim Capital AllowancesTax tab → Capital Allowances
Learn what each tax thing actually meansTax tab → HMRC & Tax Help

Quotes & invoices

What it does: You put together a list of what you'll do for a customer - labour, materials, day rate, whatever - and TradeKit produces a clean PDF quote. You send it (WhatsApp, email, however). They tap a link, see your quote, and accept it without you chasing them.

Why it exists: Quoting on the back of a fag packet costs you jobs. A professional-looking quote with a one-tap accept button closes work faster than an emailed Word document with no signature trail.

Each line can be labour or materials (this matters for CIS). VAT can be added. CIS deductions can be applied if the customer is a CIS contractor and you're the subbie. The reverse-charge rule for construction is built in - toggle it on the quote.

Once a quote is accepted, convert it to an invoice in one tap. The invoice can include a "Pay Now" link via Stripe.

Pay Now on invoices

What it does: Send a secure link with your invoice. Customer taps to pay by card, Apple Pay or Google Pay. Money hits your bank the next day. TradeKit auto-marks the invoice as paid.

Why it exists: Sole traders chase money - hardest part of the job. A clickable payment link drops the friction from "find chequebook / set up bank transfer / find card details" to two taps.

Auto-chasers

What it does: If an invoice goes overdue, TradeKit sends a polite reminder email at 3, 7 and 14 days. Quote followups work the same way after a quote is sent.

Why it exists: Most sole traders forget to chase (or feel awkward). Auto-chasers run at 09:00 every morning regardless. Quote follow-ups are normal sales hygiene - default ON. Debt chasing is more sensitive - default OFF, opt-in.

You can turn either off per-invoice / per-quote, or globally in Settings.

Expenses

What it does: Snap a receipt photo. TradeKit reads the amount, date, store, and VAT off the image. You confirm or fix, pick a category (HMRC categories, not made-up ones), save. Photos uploaded so you can find them at year-end.

Why it exists: HMRC requires digital records under MTD. Lost receipts cost real money in unclaimed expenses. Photo + OCR means the receipt is in the system before you've put the change back in the till.

Categories matter: Each expense maps to an HMRC SA103F box. The mapping isn't always obvious (a hammer is "Other business expenses", not "Repairs and renewals") - TradeKit handles it.

Mileage

What it does: Log business trips. TradeKit calculates the claim at HMRC's 55p/mile (first 10,000 miles) and 25p after, apportioned correctly across the tax year.

Why it exists: Mileage is one of the biggest legitimate expense claims a tradie can make and one of the most underclaimed. The 55p/25p split is fiddly to track manually past 10,000 miles - TradeKit handles it automatically.

Customers

What it does: Store names, addresses, phone, email. Link quotes and invoices to a customer. See history.

Why it exists: You'll quote the same customer again. Pre-filling saves time. Repeat customers convert at 5× the rate of new ones - keep their record handy.

Jobs

What it does: Track every job from "lead" through "quoted", "accepted", "in progress", "completed", "invoiced", "paid". Add notes, photos, dates. See which jobs are profitable.

Why it exists: A sole trader juggles 5-15 jobs at any time. Forgetting where each one is = unhappy customers, missed invoicing, lost money.

Bank feed (Open Banking)

What it does: Connect your business bank via the regulated Open Banking framework. TradeKit never sees your password. Transactions stream in. Auto-categorisation maps 60+ UK merchants to HMRC categories. Incoming payments match invoices.

Why it exists: Manual reconciliation is grim work. Open Banking automates 80%+ of it. Cuts end-of-quarter prep from a half-day to 20 minutes.
Important: Open Banking consent must be re-authorised every 90 days (UK regulation, not TradeKit's choice). The app banners you 14 days before consent expires.

HMRC connection

What it does: Connects your TradeKit account to HMRC via the official Government Gateway OAuth flow. You sign in on HMRC's own login page, grant permission. Your tokens are encrypted with AES-256-GCM server-side.

Why it exists: Without HMRC linkage, TradeKit is record-keeping only. With it, you can file directly.

Authorises reading and submitting to your Self Assessment AND VAT accounts. Disconnect any time from Tax tab → HMRC Connection.

MTD ITSA quarterly returns

What it does: Every three months, TradeKit calculates your income and allowable expenses, shows you a cumulative summary, submits to HMRC at the tap of a button. Built and HMRC-tested - going live as our HMRC approval completes.

Why it exists: From April 2026, sole traders earning over £50,000/year MUST file quarterly digitally. Thresholds drop to £30k April 2027 and £20k April 2028.

Quarters: 6 Apr-5 Jul, 6 Jul-5 Oct, 6 Oct-5 Jan, 6 Jan-5 Apr. Filing deadline is the 7th of the following month.

Final Declaration

What it does: Replaces the old Self Assessment tax return. After the tax year ends, finalise totals (capital allowances, other income), tell HMRC "this is the full picture." HMRC calculates your bill.

Deadline: 31 January following the end of the tax year, same as the old SA deadline.

MTD VAT returns New

What it does: If you're VAT-registered, TradeKit fetches your VAT obligations from HMRC, calculates the 9-box return from your invoices and expenses, and submits it electronically. Built and HMRC-tested - going live as our HMRC approval completes.

Why it exists: All VAT-registered traders must file digitally under MTD VAT. Manual filing on HMRC's portal is being phased out.

Scope at launch (May 2026): Standard scheme, cash basis, UK domestic only. Flat-rate, partial exemption, EC supplies - planned for later.

The 9 boxes: Box 1 = VAT you charged on sales. Box 4 = VAT you paid on purchases. Box 5 = net you owe (or HMRC owes you). Boxes 6-9 = totals ex-VAT.

CIS - Construction Industry Scheme

If you work in construction and someone else pays you (or you pay subbies), you're inside CIS. Contractors deduct 20% (or 30% if not CIS-registered) from your invoices as advance tax.

As a subcontractor (you get paid)

Toggle CIS on any quote or invoice for a CIS contractor. Deduction is calculated only on labour, never materials. Construction reverse-charge VAT handled automatically.

As a contractor (you pay subbies)

Add each subbie to TradeKit. The app runs:

  1. UTR check-digit validation - offline, instant; catches typos
  2. Companies House lookup - for limited company subbies
  3. HMRC CIS verification - pending HMRC CIS Online enrolment. Until issued, verify on HMRC's portal and record the verification number manually in TradeKit.
Why this matters: From April 2026 HMRC can hold contractors liable if a subby in your chain commits fraud and you "knew or should have known." Documenting your checks builds a defensible "Reasonable Steps" position.

CIS Payment & Deduction Statements (PDS) New

What it does: Records payments to each subbie in a tax month and generates the legally-required PDS PDF.

Why it exists: As a contractor you must issue a PDS to each subby within 14 days of the tax month end. The subby uses it to claim CIS deductions on their tax return. Most accounting software charges extra; TradeKit includes it.

Set your UTR and CIS Employer Reference in Settings → Business Details first.

Capital allowances

What it does: Calculates Annual Investment Allowance (AIA - 100% up to £1m), First Year Allowance (FYA - 40% on new plant), and Writing Down Allowance (WDA - small percentage on the residual pool each year).

Why it exists: Most sole traders either skip capital allowances entirely (leaving money on the table) or get them wrong. Built-in calculation removes both risks.
Important date: WDA main-pool rate drops from 18% to 14% on 6 April 2026. If your accounting period straddles that date, TradeKit blends the rates day-by-day.

Compliance Certificate

What it does: Generates a formal PDF showing your year-end income, expenses by HMRC category, mileage breakdown, quarterly submission status, computed tax estimate.

Why it exists: Tradies often arrive at year-end with a shoebox of receipts and a "good luck" smile. The Compliance Certificate is one PDF that summarises everything in HMRC's expected format. Reduces accountant fees, speeds up compliance reviews.

Plain-English Tax Help New

What it does: Eight in-app explainers covering MTD basics, Quarterly updates, Final Declaration, CIS, Capital allowances, NI Class 2/4, Mileage, SA103F expense boxes.

Why it exists: Tradies aren't accountants. HMRC writes its own guidance for accountants. Nobody else explains it in plain language. TradeKit does - and you read it without leaving the app.

Two-step sign-in (MFA)

What it does: Optional second factor. Scan a QR into Google Authenticator (or any TOTP app). Sign-in then requires a 6-digit rolling code on top of your password.

Why it exists: Your TradeKit account holds HMRC tokens, banking access, customer details. If your email gets phished, that's a lot to lose.

Recovery codes: TradeKit generates 10 single-use codes when you enable MFA. Store them offline (printed, password manager).

Account deletion (GDPR Right to Erasure)

What it does: Permanently deletes your TradeKit account, all your data, your auth record, file uploads, and usage logs. Atomic - happens in a single server operation so it can't half-fail.

Why it exists: UK GDPR Article 17 gives you the right to be forgotten. Delete-account flows that work via multiple steps risk leaving orphan data; TradeKit's runs server-side in one transaction.

Security model (plain English)

Pricing

PlanPriceNotes
Annual£99.99/yearor £10.99/month - all features included. 14-day free trial, no card required.
Free£014-day trial then read-only access - no new entries.

Device limit: 2 concurrent devices. Switch to a third and the oldest signs out.

What's coming

Getting help

One last honest note: TradeKit calculates a lot of tax stuff for you. The maths is tested (268 unit tests pass at every release). But your circumstances might be unusual - multiple income streams, foreign income, capital gains, partnership income, anything HMRC considers "complex." When in doubt, talk to a qualified accountant.
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