{"id":777684,"date":"2025-12-03T22:55:01","date_gmt":"2025-12-03T22:55:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=777684"},"modified":"2025-12-03T22:55:01","modified_gmt":"2025-12-03T22:55:01","slug":"uk-selfemployed-turn-to-aipowered-tax-software-as-self-assessment-filings-hit-record-high","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/uk-selfemployed-turn-to-aipowered-tax-software-as-self-assessment-filings-hit-record-high_777684.html","title":{"rendered":"UK Self-Employed Turn to AI-Powered Tax Software as Self Assessment Filings Hit Record High"},"content":{"rendered":"<div style=\"float:right;  width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/upload\/2025\/12\/1764784672.jpg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"UK Self-Employed Turn to AI-Powered Tax Software as Self Assessment Filings Hit Record High\" src=\"https:\/\/www.abnewswire.com\/upload\/2025\/12\/1764784672.jpg\" alt=\"UK Self-Employed Turn to AI-Powered Tax Software as Self Assessment Filings Hit Record High\" width=\"225\" height=\"225\" \/><\/a><\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Pie, a UK-based tax software company, has seen explosive 340% user growth in 2025 as self-employed workers abandon spreadsheets for intelligent self assessment software. With 12.3 million UK taxpayers required to file self assessment returns and 98% now filing digitally, Pie has processed over \u00a347 million in tax submissions while helping users save an average of 8 hours per tax year through real-time calculations, automatic expense tracking<\/div>\n<p style=\"text-align: justify;\"><strong>LONDON, United Kingdom &#8211; 3 December, 2025 &#8211;&nbsp;<\/strong>Over 12.3 million UK taxpayers will file self assessment returns this year, and a growing number are abandoning manual methods in favor of intelligent tax software that calculates, tracks and files automatically.<\/p>\n<p style=\"text-align: justify;\">Pie, a UK fintech company specializing in self assessment software, has seen user numbers surge by 340% in 2025 as freelancers, contractors and small business owners seek faster, more accurate ways to stay compliant with HMRC.<\/p>\n<p style=\"text-align: justify;\">The shift comes as digital tax filing becomes mandatory across the UK, with HMRC reporting that 98% of self assessment returns are now submitted online. Traditional methods like paper forms and basic spreadsheets are being replaced by software that offers real-time calculations, automatic expense tracking and direct HMRC integration.<\/p>\n<p style=\"text-align: justify;\"><strong>Why UK Taxpayers Are Switching to Self Assessment Software<\/strong><\/p>\n<p style=\"text-align: justify;\">Modern self assessment software eliminates the guesswork and stress that comes with manual tax filing. Users benefit from:<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Real-time tax projections showing what they owe throughout the year<\/p>\n<\/li>\n<li>\n<p>Automatic expense categorization using bank feed integration<\/p>\n<\/li>\n<li>\n<p>HMRC-compliant filing with built-in error checking<\/p>\n<\/li>\n<li>\n<p>Mobile-first design allowing tax management on the go<\/p>\n<\/li>\n<li>\n<p>Year-round access to financial records and tax history<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&#8220;People are tired of scrambling at deadline time with messy receipts and confusing forms,&#8221; said Tommy Mcnally, Founder of Pie. &#8220;They want software that works like a personal accountant in their pocket&mdash;showing them what they owe, what they can claim, and helping them file correctly the first time.&#8221;<\/p>\n<p style=\"text-align: justify;\"><strong>Real Impact: User Success Stories<\/strong><\/p>\n<p style=\"text-align: justify;\">Sarah Chen, a freelance graphic designer from Manchester, switched to Pie after years of spreadsheet frustration: &#8220;I went from dreading tax season to actually understanding my finances. The app showed me I was eligible for &pound;2,400 in deductions I&#8217;d been missing for years.&#8221;<\/p>\n<p style=\"text-align: justify;\">Pie&#8217;s platform has processed over &pound;47 million in self assessment submissions in 2025, with users reporting an average time saving of 8 hours per tax year compared to manual methods.<\/p>\n<p style=\"text-align: justify;\"><strong>Who Benefits Most from Self Assessment Software<\/strong><\/p>\n<p style=\"text-align: justify;\">Self assessment software is transforming tax management for:<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Freelancers and contractors juggling multiple income streams<\/p>\n<\/li>\n<li>\n<p>Gig economy workers (Uber, Deliveroo, TaskRabbit drivers)<\/p>\n<\/li>\n<li>\n<p>Landlords managing rental property income<\/p>\n<\/li>\n<li>\n<p>Side hustlers earning beyond their PAYE employment<\/p>\n<\/li>\n<li>\n<p>Small business owners seeking affordable accounting alternatives<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">With the UK&#8217;s self-employed workforce reaching 4.2 million in 2025&mdash;a 12% increase since 2020&mdash;demand for accessible, affordable tax software continues to accelerate.<\/p>\n<p style=\"text-align: justify;\"><strong>The Cost of Getting Tax Wrong<\/strong><\/p>\n<p style=\"text-align: justify;\">HMRC issued &pound;365 million in penalties for late or incorrect self assessment filings in the 2023\/24 tax year. Self assessment software helps users avoid these penalties through:<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Automatic deadline reminders<\/p>\n<\/li>\n<li>\n<p>Pre-submission error checks<\/p>\n<\/li>\n<li>\n<p>Digital record-keeping that satisfies HMRC requirements<\/p>\n<\/li>\n<li>\n<p>Direct submission confirmation<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>What Makes Pie Different<\/strong><\/p>\n<p style=\"text-align: justify;\">Unlike traditional accounting software built for accountants, Pie is designed for regular people who need to file self assessment:<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Plain English explanations instead of accounting jargon<\/p>\n<\/li>\n<li>\n<p>No accounting knowledge required with guided step-by-step filing<\/p>\n<\/li>\n<li>\n<p>Transparent pricing starting at &pound;6.99\/month (no hidden fees)<\/p>\n<\/li>\n<li>\n<p>Human support via in-app chat from UK-based tax specialists<\/p>\n<\/li>\n<li>\n<p>Bank-level security with 256-bit encryption and FCA compliance<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&#8220;Tax should never feel like a mystery,&#8221; Mcnally added. &#8220;It&#8217;s your money. You should know where it&#8217;s going and what you can claim back. That&#8217;s what we built Pie to do.&#8221;<\/p>\n<p style=\"text-align: justify;\"><strong>Looking Ahead: The Future of UK Tax Filing<\/strong><\/p>\n<p style=\"text-align: justify;\">With Making Tax Digital (MTD) expansions on the horizon and self-employment continuing to grow, experts predict self assessment software adoption will double by 2027.<\/p>\n<p style=\"text-align: justify;\">Pie is responding to this demand with planned features including:<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>AI-powered expense detection from bank transactions<\/p>\n<\/li>\n<li>\n<p>Integration with major invoicing platforms<\/p>\n<\/li>\n<li>\n<p>Multi-year tax planning and projections<\/p>\n<\/li>\n<li>\n<p>Partnership with UK accountancy firms<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Try Pie Free for 14 Days<\/strong><\/p>\n<p style=\"text-align: justify;\">UK taxpayers can experience Pie&#8217;s self assessment software with a free 14-day trial at<a rel=\"nofollow\" href=\"https:\/\/pie.tax\/\"> pie.tax<\/a>. No payment details required.<\/p>\n<p style=\"text-align: justify;\">The January 31st self assessment deadline is approaching. Users who start their return before December 31st receive priority support from Pie&#8217;s tax specialist team.<\/p>\n<p style=\"text-align: justify;\"><strong>About Pie<\/strong><\/p>\n<p style=\"text-align: justify;\">Pie Money Limited is a UK-based fintech company making tax simple, stress-free and accessible for self-employed individuals and small business owners. Founded in 2023, Pie provides real-time tax calculations, guided HMRC filing, automatic expense tracking and expert support. With over 18,000 users nationwide and &pound;47M+ in processed tax submissions, Pie is modernizing how Britain&#8217;s self-employed handle tax compliance.<\/p>\n<p style=\"text-align: justify;\">Pie is registered with the Financial Conduct Authority and uses bank-level security to protect user data.<\/p>\n<p style=\"text-align: justify;\">Media Contact<\/p>\n<p style=\"text-align: justify;\">Pie Money Limited<\/p>\n<p style=\"text-align: justify;\">Email: help@pie.tax<\/p>\n<p style=\"text-align: justify;\">Website: https:\/\/pie.tax<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/pie.tax_164182.html\" rel=\"nofollow\">Pie Money Limited<\/a><br \/><strong>Contact Person:<\/strong> Tommy Mcnally<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=uk-selfemployed-turn-to-aipowered-tax-software-as-self-assessment-filings-hit-record-high\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Address:<\/strong>77 Lower Camden Street    <br \/><strong>City:<\/strong> Dublin 2<br \/><strong>State:<\/strong> D02 XE80 Ireland<br \/><strong>Country:<\/strong> United Kingdom<br \/><strong>Website:<\/strong> <a href=\"https:\/\/pie.tax\" target=\"_blank\" rel=\"nofollow\">https:\/\/pie.tax<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=uk-selfemployed-turn-to-aipowered-tax-software-as-self-assessment-filings-hit-record-high\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pie, a UK-based tax software company, has seen explosive 340% user growth in 2025 as self-employed workers abandon spreadsheets for intelligent self assessment software. With 12.3 million UK taxpayers required to file self assessment returns and 98% now filing digitally, &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/uk-selfemployed-turn-to-aipowered-tax-software-as-self-assessment-filings-hit-record-high_777684.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,425,426,411,403],"tags":[],"class_list":["post-777684","post","type-post","status-publish","format-standard","hentry","category-Business","category-Finance","category-Financial-Market","category-Technology","category-UK"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/777684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=777684"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/777684\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=777684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=777684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=777684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}