Look professional, get paid fast, and stay compliant
Easy-to-use accounting software, designed specifically for UK construction and trades.
Professional Invoices
With Toolbox’s invoicing functionality you will look professional & feel confident. With Toolbox invoicing you can:
- Choose a professional template, and personalise it with your logo and colours
- Toolbox invoices automatic calculate the tax and total amount
- Send invoices by email, directly from Toolbox
- Download invoices as PDFs for easy access
- Automatically file and organise all your invoices, so they’re easy to find
- Manage invoices from the web or the mobile app
Get paid faster with Instant Bank Payments
Instant Bank Payments with Toolbox helps you get paid faster, enabling your customers to pay you directly via bank transfer.
Improve cash flow by making it easier for your customers to pay you instantly – no more waiting for your customers to make payments.
Get started straight away with no lengthy application forms or setup processes. Payments go straight to your existing business current account.
Stress-free bill and receipt management
Say goodbye to the pain of manually managing your bills and receipts, and say hello to the feeling of easy, accurate data entry.
Track your expenses, bills, and receipts when you’re out and about. Toolbox is HMRC-compliant for digital record keeping, so you can throw away the paper (and the stress).
Even easier with Auto Bills
Toolbox’s Auto Bills feature makes it easy to accurately enter your bills and receipts into Toolbox, saving you time and hassle. Capture your supplier invoices and receipts with your phone camera, forward by email, or upload them from your computer.
With our AI-powered advanced Optical Character Recognition (OCR) technology, entering your bills and receipts is easier than pulling a rabbit out of a hat – so you can spend your time doing what matters most.
Automatic bank feeds
Link Toolbox with your bank account to automatically import transactions, and quickly reconcile payments with invoices, bills and expenses.
Take charge of your business performance with the Toolbox Dashboard.
Get clarity quickly. Toolbox’s’ handy dashboard shows your outstanding invoices and bills, your bank balance, plus tax you owe building up.
With interactive graphs and traffic-light insights on your dashboard, easily keep on top of your business finances to see upcoming bills due, money coming in, and if you might be heading towards a future cash flow problem.
Customise your dashboard to show what’s most important to you.
Stay on the right side of the taxman
If you’re working in construction, you need to register with HMRC for the Construction Industry Scheme (CIS). With Toolbox, easily create CIS-compliant invoices, calculate subcontractor deductions, file your returns to HMRC, and create subcontractor payment and deduction statements in a flash with Toolbox. Toolbox lets you:
- Send CIS-compliant quotes and invoices. You can include your UTR and your CIS deduction rate on each invoice.
- Toolbox’s CIS subcontractor verification tool will check each subcontractor’s CIS deduction rate with HMRC and automatically calculate the CIS deduction you should withhold.
- Pre-fills CIS returns for HMRC using the subcontractor invoices you track each month.
- Creates monthly payment and deduction statements for each of your subcontractors
- If you earn over £90,000 you have to register for VAT. If you’re VAT registered, you have to use the Domestic Reverse Charge. Toolbox handles VAT and DRC automatically for you – so you can be HMRC compliant.
Toolbox works with your accountant
If your accountant needs access, you can invite them into your Toolbox account.
Start using Toolbox for free today
Start using all of Toolbox’s features for 30 days, then choose the plan which is right for you