Live: crypto priced off Coinbase, CF income off Stripe, figures from your UC report + statements. Not tax or financial advice.

Moneyincome & expenses

live data

Sole trader (Conversion Country Ltd dissolved) · 2025/26 · file by 31 Jan 2027 · UTR •••• 6423

Income (self-employment)
£1,423
latest reported period
Net after expenses
£1,223
£200 deductible business costs
Each £1 earned, after UC
~45p
55% UC taper above the work allowance
Tax set-aside (est.)
~£46/mo
for the Jan 2027 bill

Income

  • Self-employment total (reported to UC)17 Apr–16 May period£1,423
  • — of which CF card payments (Stripe, live)2 charges this month · acct …9THO£150
  • — AoC retainer + invoices (bank transfer)the rest, not via Stripe£1,273
  • Universal Credit awardto confirm — for full take-home—

Excluded · Child Benefit: claimed in partner's name — household, not your taxable income

Expenses

  • Rent (Flat 2, Tranquil Mews)Fixed · exceeds self-employment net£1,650
  • Laptop repayment to partner (Currys credit)Fixed · range £30–60£45
  • Software & subscriptionsBusiness (deductible) · 2 platform subs, Google One, storage, image gen£83
  • Hosting (VPS + domains)Business (deductible) · DigitalOcean + 2 domains£30
  • Comms, admin, client meetingBusiness (deductible) · phone, UTR docs, meeting£39

Spend by category (monthly)

Saver 0.75% AER · Lloyds Standard Saver
Housing (rent)
£1,650
Software & subscriptions
£83
Debt (laptop)
£45
Hosting
£30
Meetings & travel
£28
Comms
£6
Admin
£5

Tax set-aside pot

Set aside ~£46/month for the 31 Jan 2027 bill

At ~£1,223/mo net, annual profit ~£14,700. Above the £12,570 allowance that is ~£420 income tax + ~£126 Class 4 NI ≈ £546/yr.

Small now, grows as you earn more. Ring-fencing monthly means January never bites.

Why your £1,423 is not £1,423 in the hand

  • ·Net earnings this period were ~£1,223 after business costs.
  • ·About the first £400 is ignored (work allowance — you have a child and rent).
  • ·Above that, UC drops ~55p per £1: roughly £450 of your UC is taken back.
  • ·So each extra £1 you earn is worth about 45p once UC adjusts.
  • ·Rent alone (£1,650) is more than your self-employment net — UC and your partner cover the gap. That is the floor.

Earning more still helps, but at ~45p on the £1 until you grow past UC entirely.

UC capital · Total savings + crypto (~£1,850) is well under the £6,000 UC capital limit, so it does not change your UC award either way. (Capital only reduces UC above £6,000 and stops it above £16,000.)

Assets (tracked for you)

  • Coinbase holdingsapprox — refines as statements parse£1,500
  • Crypto.com holdings (live)£249 majors tracked live + others; down ~44%£342

Receivables & liabilities

  • Unpaid invoice(s)parse 'Unpaid invoice 25.pdf' — chase for cash flow—
  • Lloyds overdraftpersonal current account overdrawn ~£150—
  • Laptop (Currys credit, partner's name)repaying ~£30–60/mo—

Known gaps

  • !Insurance — none (income protection / life). Known gap.
  • !Universal Credit award amount — needed to show full monthly take-home.
  • !More bank statements + the unpaid-invoice figure.

Live: crypto priced off Coinbase, CF income off Stripe, figures from your UC report + statements. Not tax or financial advice.