Tax pot
Due 31 Jan
£6,480
82% of £7,900
Income tax and NI
Sized to your real rate, so January is already paid for.
For freelancers paid by invoice
Know what's really yours to spend
Tallyo sets aside tax from every invoice the moment a client pays, so the number on your screen is money you can actually spend.
Works with your bank and invoicing app
Hi Selam
Safe to spend
£2,340
Spend
Tax
VAT
Pots
Tax pot
£1,876
VAT
£600
Time off
£410
Paid this week
£6,950Invoice paidStudio Marlow
£4,200
To tax pot
£1,17628%FP
Fernhill PressInvoice #0139
Paid£2,750
Tax pot
28%
£770Pension
5%
£137Time off
4%
£110Safe to spend
£1,733Split in 4 seconds
Every invoice
Your tax comes off before you see the money
When a client pays, Tallyo moves income tax, National Insurance and your own savings into pots, then shows the rest as safe to spend. No spreadsheet, no guessing.
Your rate, not a guessSet from last year's profit, between 20% and 40%
Your bank, read-onlyTallyo sees payments land and only moves money between your own accounts
Your pots
Four pots fill up while you work
Pick the pots you need. Every invoice fills them in your order, and Tallyo tells you when one is ready.
VAT pot
Ready£1,240
Q3 return · due 7 Nov
VAT you collected
The 20% you charge clients never touches your spending.
Pension
+£137 today
£2,150
5% of every invoice
A pension that grows
A steady slice of every payment, starting this month.
Time off
9 days
£1,320
Covers a week in June
Paid time off
Nobody pays you to rest. This pot does.
Quote a day rate that covers the tax
Type a rate and the days you'll bill. Tallyo shows what lands in your pocket after tax and pots, so you never price a job at a loss.
Rate check
Day rate
£450Days billed
14You invoice
£6,300Tax and pots
−£2,079Yours to keep
£4,221Monthly target met£4,000 goal
Year end
Self Assessment in twenty minutes, not a weekend
Every payment is sorted and every pound of tax already saved. January is a quick check and an export for you or your accountant.
Last January, by hand
9 h 40 min- Statements
- Sorting
- Receipts
- The bill
This January, with Tallyo
20 min- Check, then export
Bill due 31 Jan
£6,050Covered by your tax pot
In numbers
Freelancers who stopped guessing
Sample figures for this showcase, from 12,400 freelancers who invoiced through Tallyo for a full tax year.
- £41Mset aside for tax, straight from paid invoices
- 9 hsaved on the average Self Assessment
- £0late-payment penalties for 97% of users
- 4 secfrom a client's payment to a full split
Freelancer stories
Selam stopped dreading January
A brand designer in Leeds with nine clients and no accountant. Her first year with Tallyo, in her words.
Selam TadesseBrand designer, Leeds
9 clientsI used to open my banking app and feel rich, then feel sick every January. Now the number I see is the number I can spend, and the tax is just sitting there, waiting.
Sample story · names and figures are fictional
£8,940set aside in her first year, without opening a spreadsheet
Her January tax bill
Before Tallyo
£2,300 shortWith Tallyo
£410 ahead
I quote £520 a day now. The rate check showed £400 was costing me.
VAT used to be my overdraft. Now it sits in its own pot until the return.
Took two weeks off in August and still paid myself.
Pricing
£8 a month, less than one late-filing fine
One plan with every pot, every bank and the January export. Try it free for 30 days, no card needed.
Interest on your tax pot
3.1% AER£212this year
Tallyo
Everything, for one freelancer.
£8per month
- Unlimited invoices
- All four pots
- 40+ UK banks
- Rate check
- January export
- Replies within a day
Start free for 30 days
Cancel any time in two taps
FAQ
Before you connect your bank
Straight answers to what freelancers ask us most about money, rates and filing.
Something else on your mind?
Write to us and a person replies within a day.
Does Tallyo hold my money?
No. Your pots are accounts in your own name. Tallyo can only move money between your accounts, never out to anyone else.
How does it know my tax rate?
You give it last year's profit and it suggests a rate, usually between 20% and 33%. You can change it any time and it adjusts the next invoice.
What if I'm VAT registered?
Switch on the VAT pot. The VAT on each invoice goes there first, before tax is worked out on the rest.
Does it file my tax return?
Not yet. It prepares a Self Assessment summary with every figure you need, for you or your accountant to file.
Can I take money out of a pot?
Yes, any time. If the tax pot drops below what you owe, Tallyo shows the gap and how many invoices it will take to close it.
Start free
Set up your first pot before the next invoice lands
Leave your email and we'll send a setup link. Connect your bank, pick a rate, and the next payment splits itself.
Joined by 1,180 freelancers this month