Tax Clock
Your tax bill, recalculated every time money lands. It covers the income tax bands, the personal allowance taper over £100,000, Class 4 National Insurance and Scottish rates. Add a salary or pension and it is taxed in the right order.
Next update due 7 Nov
Making Tax Digital for the self-employed Tax calculated. Filed automatically.
Connect your bank once. In about a minute Finantr shows the tax you owe, what is safe to spend and the expenses you missed. Then it sends your quarterly updates to HMRC for you.
Free to start, no card needed. Read-only bank access. Works in England, Wales, Scotland and Northern Ireland.
Tax year 2026–27
Updated now
Tax owed so far
£8,312
Estimate based on your bank data
Income found£48,200
Found Money
- Adobe ×12Software£719
- ScrewfixTools and materials£1,284
- Mileage, 3,200 milesSimplified expense£1,440
- Home officeFlat rate, 12 months£216
Finantr found £3,659
Saves £951
Works with Barclays, HSBC, Lloyds, NatWest, Monzo, Starling, Santander, Nationwide and more than 50 other UK banks through Open Banking.
How Finantr works
Most MTD software hands you a ledger to keep. Finantr starts from your bank feed and keeps the records for you.
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Connect your bank
Link your accounts through Open Banking. Finantr can read transactions but never move money. It pulls everything back to 6 April.
About 2 minutes
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See your tax, then watch it fall
Income is found first, so your tax figure appears straight away. Then Finantr finds your business expenses and the figure drops as you confirm them.
About a minute
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Send your quarterly updates
Connect HMRC once with your Government Gateway login. Each quarter your update is built from your confirmed records and sent before the deadline, with HMRC's receipt kept for you.
Every quarter
Free for everyone
Everything on this page costs nothing. You only pay when you want Finantr to send your updates to HMRC.
Safe to Spend
One number for what is yours and what belongs to HMRC. Mark a savings pot as your tax pot and see how close you are to January.
Found Money
Finantr goes through your spending since April and lists likely business costs, grouped the way HMRC asks for them. Confirm all 12 Adobe payments in one tap.
Income statements
A PDF of your income for 3, 6 or 12 months, built from your bank data. Mortgage brokers and letting agents scan the QR code to check it is genuine and unaltered.
Calendar sync
Subscribe once in Apple, Google or Outlook Calendar. Every quarterly deadline and the January and July payment dates appear, with reminders 14, 7 and 2 days before.
Accountant access
Invite your accountant to see your records, tax figure and filings, and to download a CSV and PDF pack. They cannot change anything. You see every time they look and can remove access at once.
Mileage and home office
HMRC's simplified expense rates, worked out for you: 45p a mile for the first 10,000 business miles, and flat monthly rates for working from home. The result goes straight into your tax figure.
MTD status
Finantr reads your income and tells you whether MTD applies now, from April 2027 or from April 2028. It reminds you 90, 30 and 7 days before you start.
Free MTD tools
No account needed. Find out when Making Tax Digital applies to you, and how much of each payment to put aside for tax.
£50,000+In since 6 April 2026
£30,000+From 6 April 2027
£20,000+From 6 April 2028
HMRC decides using the income on your tax return. This check is a guide.
Set aside
19%of every payment
- Income tax
- £6,486
- Class 4 National Insurance
- £1,946
- Total for 2026–27
- £8,432
Assumes no other income such as a salary or pension, and no payments on account. Finantr works this out from your real bank data.
What MTD means for your year
Since 6 April 2026, HMRC expects 864,000 sole traders and landlords to keep digital records and send an update every quarter, then a tax return by 31 January. The income threshold falls in 2027 and again in 2028.
- 2026 Over £50,000Live now
- 2027 Over £30,000From 6 April
- 2028 Over £20,000From 6 April
Your 2026–27 year
- Update 1, April to July
- Update 2, April to October
- Update 3, April to January
- Update 4, the full year
- Tax return and payment
Each update covers the year so far. Finantr builds it from your confirmed records and tells you when it is ready.
Source: GOV.UK, Making Tax Digital for Income Tax. Dates and thresholds checked on 3 October 2026.
Security and privacy
Finantr holds your bank data and talks to HMRC for you. This is how it is protected.
- Read-only bank access
- Open Banking through TrueLayer, which is authorised by the FCA. Finantr can read transactions. It cannot move money and never sees your bank login.
- Encrypted at rest
- Bank and HMRC tokens and your National Insurance number are encrypted with AES-256. Passwords are hashed, never stored.
- HMRC's rules followed
- Every call to HMRC carries the fraud prevention data HMRC requires, and every submission is logged with HMRC's receipt.
- You stay in control
- Disconnect a bank in one tap. Accountant access is read-only, every view is logged for you, and you can remove it at any time.
- How we use AI
- A model suggests a category for each transaction. You decide what counts as an expense, and only confirmed expenses go to HMRC. Read more
- Deleting your account
- Delete your account in the app. Your financial data is erased within 30 days, keeping only the records the law requires.
Pricing
Seeing your tax and sending your quarterly updates to HMRC are free. Pay only if you want Finantr to keep your tax money safe as it comes in. Cancel any time.
Free
See your tax and file with HMRC
£0
Free for as long as you like
- Quarterly updates sent to HMRC
- Live tax figure (Tax Clock)
- Safe to Spend and Found Money
- Verified income statements
- Calendar, payment dates and VAT check
- Read-only access for your accountant
- One bank account
Tax Safe
Keep your tax money aside
£4.99
Per month
Everything in Free, plus
- What to set aside from every payment, checked in your tax pot
- A steady monthly pay-yourself figure
- 90-day cash forecast
- Late invoice chaser
- Two bank accounts
Tax Safe Auto
Set aside without thinking
£7.99
Per month
Everything in Tax Safe, plus
- Automatic moves to your tax pot (coming soon)
- Unlimited bank accounts
Accountant Partner
Firms with many clients
£149
Per month
For practices
- Unlimited clients
- Client dashboard
- All Tax Safe Auto features
- Priority support
No card needed for Free. Paid plans are billed monthly and you can cancel in the app. Finantr never holds your money.
“Most self-employed people spend 6–8 hours every quarter on tax admin. With Finantr, that number is zero.”
Questions
Something else? Email help@finantr.com and a person will reply.
What is Finantr?
Finantr is a UK app for Making Tax Digital for Income Tax, built for self-employed people. It connects to your bank through Open Banking, works out your income tax and Class 4 National Insurance as money comes in, finds your allowable expenses and sends your quarterly updates to HMRC. It is made by Finantr Ltd, a company registered in England and Wales.
What is Making Tax Digital for Income Tax?
It adds digital records and quarterly updates to Self Assessment for sole traders and landlords. You keep your records in software, send HMRC an update every quarter and file your tax return through the same software. It started on 6 April 2026 for people with qualifying income over £50,000. The threshold falls to £30,000 in April 2027 and £20,000 in April 2028. You have to use HMRC-compatible software to take part.
What are the Making Tax Digital deadlines for 2026-27?
Quarterly updates are due on 7 August 2026, 7 November 2026, 7 February 2027 and 7 May 2027. Each one covers the tax year so far, from 6 April. The tax return and any payment are due by 31 January 2028. Finantr puts every date on your calendar.
How much does Finantr cost?
Free covers the tax tools and sending your quarterly updates to HMRC: Tax Clock, Safe to Spend, Found Money, income statements, calendar sync and accountant access, with one bank account. Tax Safe is £4.99 a month and tells you what to set aside from each payment, then checks it reached your tax pot. Tax Safe Auto is £7.99 a month and adds unlimited bank accounts. The Accountant Partner plan is £149 a month.
How much tax should I set aside as a sole trader?
It depends on your profit. For 2026-27 in England, Wales and Northern Ireland, a profit of £45,000 means about £6,486 income tax and £1,946 Class 4 National Insurance, £8,432 in total, so set aside about 19% of every payment. Use the free calculator on this page for your own figure, including Scottish rates.
Is Finantr recognised by HMRC?
Finantr is built on HMRC's Making Tax Digital APIs. We have sent HMRC our testing evidence and are waiting for production approval. We will email everyone on the waitlist as soon as filing opens. All the free features work today without it.
What is really free?
Sending your quarterly updates to HMRC, the Tax Clock, Safe to Spend, Found Money, the mileage and working-from-home calculators, income statements, calendar sync, the MTD status check and read-only accountant access. No card needed. You pay only for Tax Safe, which helps you keep your tax money aside.
Is my bank data safe?
Finantr uses Open Banking through TrueLayer, which is authorised by the FCA. Access is read-only: we can see transactions but cannot move money, and we never see your bank login. Bank and HMRC tokens are encrypted at rest with AES-256.
Which banks work with Finantr?
More than 50 UK banks through Open Banking, including Barclays, HSBC, Lloyds, NatWest, Monzo, Starling, Santander and Nationwide. You see the full list when you connect.
I live in Scotland, or I also have a salary. Does it work?
Yes. Finantr uses Scottish income tax rates when HMRC says you are a Scottish taxpayer, and you can add a salary or pension so it is taxed first and your self-employed income is taxed at the right rate.
I am a landlord. Can I use Finantr?
Not yet for filing. Property income is next on our list. Join the waitlist and choose Landlord so we can tell you the day it is ready.
How does Finantr use AI?
A model suggests a category for each transaction. Nothing counts as an expense until you confirm it, and only confirmed expenses go into your updates to HMRC. Our privacy policy explains what is sent and where.
Do I still need an accountant?
Many people will not for their quarterly updates. If your affairs are complex, keep your accountant and give them free read-only access to your records. Finantr is not a regulated adviser and does not give tax advice.
Get early access
Finantr is in final testing. Join the waitlist to get the app first, with filing free when it opens. We only email about the launch, and you can unsubscribe at any time.
You are on the list.
We will email you when Finantr opens. Meanwhile, you can check when MTD applies to you.
Check my MTD status