Disclaimer

General information, not advice

Sumkind is a record-keeping and estimation tool. Everything it shows — profit figures, tax estimates, insights and AI explanations — is general information to help you understand your own records. It is not tax, accounting, legal or financial advice, and using Sumkind does not create an adviser–client relationship between you and us.

AI-generated guidance

The Sumkind AI assistant produces responses using a large language model. Those responses can be inaccurate, incomplete or out of date, even when they sound confident. Each AI response is followed by a reminder to verify it. Do not rely on an AI response alone for a decision about your tax, your business or your money.

The assistant is instructed to say plainly when it is not sure, to refuse to give a definitive answer on anything that depends on your specific circumstances, and to recommend an accountant for anything beyond general guidance. It is also instructed never to state a tax threshold or rate that is not drawn from the app's configured tax rates. Even so, treat its output as a starting point to check, not as a final answer.

Tax figures and rates

Tax thresholds, rates and allowances shown in Sumkind come from a single configuration file that we update periodically. They may not reflect the very latest changes, and they do not account for your personal circumstances — for example other income, the personal allowance taper, or specific reliefs. Always confirm current figures on GOV.UK before filing.

When to speak to a professional

You should check with HMRC guidance or a qualified accountant before acting on anything in Sumkind if: you are unsure whether you are trading; your income is near a threshold; you have multiple income sources; you are dealing with refunds, losses or capital items; or you are making a filing decision. A professional can look at your full circumstances in a way a general tool cannot.

No warranty

Sumkind is provided "as is" without warranty of any kind. We are not liable for losses arising from the use of, or reliance on, the information and estimates it provides.