Crunch

Crunch is a UK online accounting firm. It combines its own bookkeeping software with qualified accountants who prepare and file tax returns for clients. In the software, users raise invoices, including recurring invoices with automated reminders, and can take card payments through CrunchPay. They can also capture receipts and mileage in the iOS and Android apps, import transactions through Open Banking bank feeds, and see a real-time tax dashboard. For limited companies, Crunch generates dividend vouchers and board minutes and runs director and employee payroll with RTI submissions. Its accountants handle year-end accounts, Corporation Tax, VAT returns, the confirmation statement and Self Assessment where the plan includes them. The software is HMRC recognised for Making Tax Digital, and MTD for Income Tax software is included in the sole trader plans. Pricing is a fixed monthly fee plus VAT, worked out through a quote tool that looks at business type, turnover and transaction volume. Crunch's own pages say sole trader plans start at £27 a month and limited company plans at £94 a month. A Premium tier and a Premier advisory service are priced after a consultation. Employee payroll, a registered office, IR35 support and multi-currency cost extra. A free Crunch Free account lets you manage your own invoices and expenses. Crunch suits UK freelancers, contractors and micro businesses that want software and an accountant in one subscription. Its main limitations are its integration ecosystem, which is far smaller than Xero's or QuickBooks', and its focus on simple UK businesses. Companies with group structures, several currencies or complex shareholdings are likely to outgrow it.