Your Child's First Tax Return
Made Simple.
The easy, affordable way to file tax returns for young earners and content creators. No stress, no jargon - just results!
✅ Avoid late filing penalties
✅ Get expert guidance tailored for young earners
✅ Hassle-free process from start to finish
Why Parents Trust Coindrop
Most parents and young earners don’t know where to start when it comes to their tax responsibilities. HMRC is overwhelming, and mistakes can be costly. Coindrop makes tax filing effortless by guiding you through the entire process - quickly, clearly, and without jargon.
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Although this is a small percentage of the sheer mountains of tax returns that need to be filed every year, this is still a huge number
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If a tax return is filed late, there is an instant £100 fine. This can increase greatly, including other penalties such as on late payment of taxes owed like daily interest
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This is why it is called Self Assessment since HMRC expect you to register for tax filings to inform them of any earnings that may be liable to income tax, as well as capital gains tax
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From April 2026, some taxpayers will be drawn into the new Making Tax Digital system before the rest of the population. This is unlikely to have an impact on the vast majority of young earners but it will affect some based on the law of averages!
How It Works
Tax Return Only
Package - £169 inc VAT
⭐ Self Assessment Prepared + Filed
⭐ Data Portal (to upload documents)
⭐ HMRC Payment Guidance
Tax Return + Online Tax Meeting Package - £249 inc VAT
⭐ Self Assessment Prepared + Filed
⭐ Data Portal (to upload documents)
⭐ HMRC Payment Guidance
⭐ One-to-One Tax Meeting (to discuss issues)
Tax Return + Online Tax Meeting + Tax Advice Package - £498 inc VAT
⭐ Self Assessment Prepared + Filed
⭐ Data Portal (to upload documents)
⭐ HMRC Payment Guidance
⭐ One-to-One Tax Meeting (to discuss issues)
⭐ One-to-One Tax Meeting (to discuss issues)
Free Resources for Parents + Young Earners
What Parents Are Saying
“Coindrop made my son’s tax return effortless. I had no idea where to start, and they handled everything.”
“I was terrified of getting my daughter’s taxes wrong. Coindrop took care of everything, and it was surprisingly affordable!”
Frequently Asked Questions
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Yes! Age doesn’t matter—if they earn over the tax-free threshold, they must file.
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Yes, you can help, but legally the return must be filed under their name.
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HMRC issues a £100 late filing penalty, even if no tax is owed.
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YouTube, Twitch, Etsy, Patreon, gaming prize money, self-employment, and sponsorships are all taxable.
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Review all their earnings—if the total income exceeds the threshold, a tax return is required.
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Typically, you’ll need income records, bank statements, and details of all earnings.
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Absolutely! HMRC’s online portal is designed for a quick and easy filing process.
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With your documents ready, the process can usually be completed in under an hour.
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If an error is made, HMRC may ask for corrections—so it’s important to double-check all entries.
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Yes, you can access HMRC’s guidance, use online resources, or consult a tax professional for assistance.
Don’t Risk a £100 Late Filing Penalty (or worse!)
Filing your child’s tax return doesn’t have to be a concern. For a small fee, you can have a professional accountant handle it all for you.
Get In Touch
Positive Intentions
We want to ensure we are providing you with the very highest level of service and to make sure that we’re doing everything we can to support you.
Over and Out
hello@coindrop.co.uk
The Hangar
Unit 32
Western Industrial Estate
Caerphilly
CF83 1BE