Finantr: Making Tax Digital

Finantr keeps sole traders on top of Making Tax Digital for Income Tax. Connect the bank account you already use, and Finantr sorts your transactions into business income and expenses. It shows a running estimate of the tax you owe as the year goes on, and sends your quarterly updates to HMRC after you confirm them. What you get - Bank connection through TrueLayer, with read-only access you can revoke at any time - Automatic sorting of business income and expenses, which you can check and change - A running estimate of your tax for the year, built from your transactions - Quarterly updates sent to HMRC, with a confirm step and the status of each quarter - Email reminders before each quarterly deadline Who it is for Finantr supports sole traders who must use Making Tax Digital for Income Tax. UK property income is not supported yet. Finantr is recognised by HMRC as Making Tax Digital software. HMRC does not endorse or recommend any software product.