ANNA Money Plus Taxes Review – Is It the Best All-in-One Tax Solution for UK Startups & Sole Traders?

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Introduction

Managing business finances can often feel like a second full-time job, especially for UK sole traders, freelancers, and startup founders who are juggling multiple responsibilities. From preparing your HMRC tax return to tracking invoices, expenses, and cash flow, it’s easy to feel overwhelmed—especially if you don’t want to invest in complicated accounting systems or expensive software.

That’s where ANNA Money + Taxes steps in. Designed specifically for small businesses and self-employed professionals in the UK, this all-in-one financial and tax automation app makes it simple to manage your finances. With the ANNA Money tax app, you can track expenses, automate invoices, and even get help filing your tax return directly with HMRC. It’s like having a digital finance assistant in your pocket—without the cost of hiring an accountant or juggling multiple subscriptions to different UK business tax software providers.

In this detailed ANNA Money Plus Taxes review, we’ll explore exactly how ANNA Money + Taxes works, its key features, pricing, advantages, and how it compares with other popular tax return and business finance tools such as QuickBooks, FreeAgent, and Tide. Whether you’re a freelancer, sole trader, or running a small limited company, this could be the HMRC tax return software solution you’ve been searching for.

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Contents

  1. Introduction
  2. What is ANNA Money + Taxes?
  3. Who is ANNA Money + Taxes for?
  4. Key Features
  5. Pros and Cons
  6. How It Works
  7. ANNA vs Competitors
  8. Pricing & Plans
  9. Real User Experience
  10. FAQs
  11. Recap
  12. Conclusion

What is ANNA Money + Taxes?

ANNA Money + Taxes is the latest extension of the popular ANNA Money business account platform. The Anna Money business tax software is designed to go beyond banking by helping you stay on top of your tax obligations. It’s not just a banking tool—it’s a fully integrated UK business tax software solution that combines bookkeeping, invoicing, expense tracking, and direct submission of tax returns to HMRC.

Fully Making Tax Digital (MTD) compliant and officially recognised by HMRC, the ANNA Money tax app simplifies what used to be a stressful and time-consuming task. By automating your financial admin, ANNA provides real-time insights into what you owe and when it’s due, helping you avoid unexpected tax bills and last-minute scrambles.

Whether you’re filing a Self Assessment tax return as a sole trader or submitting a Corporation Tax return (CT600) as a limited company director, ANNA Money + Taxes software ensures everything is accurate, compliant, and hassle-free. Instead of juggling multiple spreadsheets or paying for several different accounting tools, you can rely on this single app to keep your finances under control—straight from your smartphone.

In this ANNA Money review, we’ll dive deeper into how the software works, explore its features, and show why it’s becoming a strong alternative to more complex HMRC tax return software like QuickBooks, Xero, and FreeAgent.

Anna Money Business Account

Who is ANNA Money + Taxes For?

The ANNA Money + Taxes app is designed to meet the needs of a wide range of small business owners and self-employed professionals across the UK. This smart tax solution is particularly well-suited for:

Sole traders who want a simple way to track income and file their HMRC tax return

Freelancers and gig workers juggling multiple clients and payment streams

Startup founders who need an easy-to-use alternative to traditional UK business tax software

Limited companies with a single director that need support submitting Corporation Tax returns

Side hustlers who want to keep their freelance or part-time earnings separate and compliant

Non-VAT registered businesses that still need to keep on top of bookkeeping and tax deadlines

By using the ANNA Money tax app, these groups can replace spreadsheets and avoid paying for multiple HMRC tax return software subscriptions. It’s a straightforward, all-in-one solution that saves time, reduces errors, and keeps your business fully compliant without the cost of hiring an accountant.

Key Features of ANNA Money + Taxes

The ANNA Money + Taxes app combines powerful tax automation tools with simple, everyday business finance management. Here are the standout features that make it one of the most practical UK business tax software solutions on the market:

Tax Estimates in Real Time

With ANNA Money + Taxes, you always know where you stand. The ANNA Money tax app calculates your income tax and Corporation Tax based on your actual business transactions, giving you real-time insights into how much you owe throughout the year. No more guesswork or nasty surprises when HMRC deadlines come around.

Tax Filing to HMRC

Forget juggling spreadsheets or hiring an accountant just to file your taxes. The app allows you to submit both Self Assessment tax returns and Corporation Tax returns (CT600) directly to HMRC. As fully Making Tax Digital compliant software, ANNA helps you stay on the right side of HMRC requirements without the need for third-party tax return tools.

Bookkeeping Automation

Every transaction is automatically logged and categorised within the app. This removes the hassle of manual data entry and makes it easy to keep accurate, tidy records. It’s an efficient alternative to other HMRC tax return software, giving you a streamlined bookkeeping process without unnecessary complexity.

Create & Send Invoices

Need to send invoices quickly? ANNA Money + Taxes lets you create and send professional invoices straight from your phone, complete with automatic reminders and live status updates. It’s a seamless way for freelancers, sole traders, and startups to stay on top of payments while keeping records HMRC-ready.

Expense Management

Snap a picture of a receipt, assign it to a category, and match it to a transaction—all within the ANNA Money tax app. This feature simplifies expense tracking and ensures you can claim everything you’re entitled to when it’s time to file your tax return.

Live Chat Support

Sometimes you need help from a real person. ANNA provides 24/7 UK-based live chat support, so whether you’re troubleshooting an issue or need guidance on submitting a tax return, you’ll always be speaking with an expert—not a bot.

MTD Compliance

The future of UK taxation is Making Tax Digital, and ANNA Money + Taxes is fully compliant. This means your records, submissions, and processes are already aligned with HMRC’s long-term digital strategy, giving you peace of mind and protecting your business from compliance issues.

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Pros and Cons of ANNA Money + Taxes

Like any financial tool, the ANNA Money + Taxes app has its strengths and some limitations. Here’s a balanced overview to help you decide whether this UK business tax software is the right fit for your needs.

Pros:

  • Simple, intuitive interface that’s designed for non-accountants, making it easy for freelancers and sole traders to manage tax admin.
  • No need for additional third-party HMRC tax return software—ANNA handles Self Assessment and Corporation Tax submissions directly.
  • Recognised by HMRC as Making Tax Digital (MTD) compliant, giving you peace of mind when filing online.
  • Real-time tax estimates mean you’ll always know how much you owe, helping prevent nasty surprises when the tax deadline approaches.
  • Ideal for sole traders, freelancers, startup founders, and one-director limited companies.
  • Combines everything in one place—bank account, invoicing, bookkeeping, and tax filing—removing the need to pay for multiple apps or accountants.
  • Live chat customer support based in the UK, available 24/7, so you can get help whenever you need it.

Cons:

  • Limited to Corporation Tax filing for one-director companies only at present, which may not suit larger businesses.
  • Not yet suitable for VAT-registered businesses, although this may be added in future updates.
  • To unlock the full suite of features, you need an ANNA business account—so it’s not a completely standalone solution.
  • As a newer product compared to QuickBooks or Xero, ANNA Money + Taxes has fewer integrations with other business tools.

How ANNA Money + Taxes Works

Getting started with ANNA Money + Taxes is quick and straightforward. The process has been designed for busy UK freelancers, sole traders, and startup founders who don’t have time for complicated onboarding. Here’s how it works step by step:

  1. Sign up for ANNA
    Begin by opening an ANNA Money business current account. This provides you with the foundation to access all the finance and tax tools in one place.
  2. Activate the + Taxes add-on
    From your ANNA dashboard, simply switch on the + Taxes feature. This transforms your account into a complete UK business tax software solution, giving you access to bookkeeping, invoicing, and HMRC-ready tax filing.
  3. Connect and categorise transactions
    Link your business income and expenses to the app. Every transaction is automatically categorised, making it easy to see what counts as allowable expenses when preparing your HMRC tax return.
  4. View real-time tax estimates
    The ANNA Money tax app automatically calculates how much income tax or Corporation Tax you owe, based on your actual transactions. This helps you plan ahead and avoid unpleasant surprises when deadlines approach.
  5. Submit your tax return to HMRC
    When it’s time to file, you can submit your Self Assessment or Corporation Tax return (CT600) directly to HMRC through the app. Because the platform is fully Making Tax Digital (MTD) compliant, you know you’re filing in line with HMRC’s digital requirements.

No paperwork, no jargon, and no complicated third-party integrations. ANNA Money + Taxes is a digital-first, user-friendly alternative to traditional HMRC tax return software, giving small business owners a modern way to manage their finances.

ANNA vs Competitors:

FeatureANNA + TaxesQuickBooksFreeAgentTide Accounting
HMRC-Recognised Tax Filing???????
Real-Time Tax Estimates???????
Bookkeeping Automation????????
Accountant Required????
Free Business Account Included??????

Winner: ANNA + Taxes stands out for offering integrated business banking and tax tools in one easy-to-use platform for UK sole traders.

Pricing & Plans:

ANNA + Taxes is bundled into a simple, all-in-one subscription designed specifically for UK small businesses and sole traders who want to streamline both their banking and tax responsibilities.

The core plan is:

  • Business Account + Taxes – from £14.90/month

This pricing gives you access to a powerful combination of business banking and automated accounting tools, removing the need for multiple subscriptions or complicated software setups.

What’s Included?

With ANNA + Taxes, you’re not just getting a bank account—you’re getting a fully integrated financial management system:

  • Self Assessment tax return submission
    Easily file your personal tax returns directly through the platform, with guided steps that simplify what can otherwise be a confusing process.
  • Corporation Tax submission (1-director companies only)
    For limited company owners, ANNA enables straightforward corporation tax filing without needing separate accounting software.
  • Real-time tax estimates
    Stay on top of what you owe throughout the year with live calculations, helping you avoid unexpected tax bills and manage cash flow more effectively.
  • Invoicing & receipt capture
    Create professional invoices in minutes and automatically capture receipts using your phone—keeping your records organised with minimal effort.
  • Bookkeeping automation
    Transactions are automatically categorised, reducing manual admin and ensuring your accounts are always up to date.

Transparent, Flexible Pricing

There are no hidden fees, and you can cancel anytime, making it a low-risk option for startups and freelancers who want flexibility as they grow.

Unlike traditional accounting setups, where you may need to pay separately for software, banking, and an accountant, ANNA combines everything into one predictable monthly cost.

Why It Offers Strong Value

When you consider the cost of:

  • Accounting software (£10–£30/month)
  • Business banking fees
  • Accountant support (£50–£150+/month)

ANNA + Taxes can represent significant savings—especially for sole traders and small limited companies with straightforward finances.

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You can get started with ANNA + Taxes today and simplify your finances from day one.

? Get started with ANNA + Taxes now and streamline your business tax filing with an all-in-one solution built for modern entrepreneurs.

Anna Money Plus Taxes Review

Real User Experience:

Many UK freelancers and sole traders rave about how much time and stress ANNA + Taxes saves. Here are some typical responses:

“I filed my Self Assessment in minutes—no accountant needed!”

“The app told me what I owed in tax BEFORE the deadline. Total lifesaver.”

“I finally ditched spreadsheets thanks to ANNA.”

Users also report high satisfaction with ANNA’s customer support and the simplicity of the mobile app.

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FAQs about ANNA Money + Taxes:

Can ANNA file VAT returns?

Currently, ANNA Money + Taxes does not support VAT filing. However, the ANNA team has confirmed that VAT return capability may be added in future updates, making it a more complete alternative to other UK business tax software solutions.

Is ANNA approved by HMRC?

Yes. The ANNA Money tax app is fully recognised by HMRC and compliant with Making Tax Digital (MTD). This means you can confidently use it to submit your Self Assessment or Corporation Tax return (CT600) directly to HMRC without needing third-party HMRC tax return software.

Can limited companies use ANNA + Taxes?

Yes, but currently only one-director limited companies can use ANNA to file Corporation Tax (CT600) returns. Multi-director companies may need to look at alternatives like Xero or QuickBooks for now.

Is the app mobile-friendly?

Absolutely. ANNA is built as a mobile-first solution, designed for freelancers, sole traders, and startup founders who want to manage invoicing, bookkeeping, and tax returns directly from their smartphone.

What if I already have an accountant?

You can still use ANNA Money + Taxes to simplify your financial admin. Many business owners use ANNA for invoicing, expense tracking, and real-time tax estimates while their accountant handles the final submissions. This way, both you and your accountant always have clear, accurate records.

How much does ANNA Money + Taxes cost?

Pricing for ANNA Money + Taxes is competitive compared to other UK business tax software. It’s included as an add-on to your ANNA Money business account, making it more affordable than paying separately for a business bank account and HMRC tax return software.

How does ANNA compare to QuickBooks or FreeAgent?

Unlike QuickBooks or FreeAgent, which can be complex and feature-heavy, ANNA Money + Taxes is designed to be simple and user-friendly. It’s ideal for sole traders, freelancers, and one-director companies who don’t want to spend hours learning accounting software.

Can I use ANNA Money + Taxes for personal tax returns?

Yes, if you’re self-employed, you can use the app to prepare and submit your Self Assessment tax return. However, ANNA is primarily designed for business use, so personal-only returns may not benefit from all its features.

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Recap:

ANNA Money + Taxes is more than just a business account or a tax calculator. It’s a fully integrated, end-to-end financial tool designed for UK sole traders, freelancers, startup founders, and small limited companies. By combining the functionality of a business bank account with powerful UK business tax software, ANNA helps you stay organised and compliant without the need for multiple apps or expensive accountants.

With ANNA, you get:

  • Real-time tax estimates so you always know what you owe
  • Professional invoicing built directly into the ANNA Money tax app
  • Receipt scanning and auto-categorisation of expenses
  • Direct HMRC tax return software integration for Self Assessment and Corporation Tax filing
  • Smart expense tracking to ensure nothing slips through the cracks
  • Clear financial insights that help you plan ahead with confidence

If you’re self-employed, running a microbusiness, or managing side hustle income, ANNA Money + Taxes can replace traditional accounting tools and make tax season far less stressful. In this ANNA Money review, it’s clear the product has been designed to be simple, smart, and startup-friendly—perfect for business owners who want modern financial solutions without unnecessary complexity.

Conclusion:

In 2026, digital finance tools are no longer optional for UK business owners—they’re essential. The shift to Making Tax Digital (MTD) means that filing paperwork manually is becoming a thing of the past. That’s why a solution like ANNA Money + Taxes is so valuable: it brings together tax filing, bookkeeping, invoicing, and real-time financial insights in one easy-to-use app.

Whether you’re looking to:

  • Replace your accountant with a cost-effective digital alternative
  • Streamline your HMRC tax return submissions
  • Avoid surprises with clear tax estimates throughout the year
  • Or simply simplify your bookkeeping and invoicing process

…ANNA Money + Taxes delivers exactly what small businesses and sole traders need.

If you’ve been comparing different UK business tax software providers—such as QuickBooks, FreeAgent, or Xero—you’ll find ANNA offers a refreshingly simple, mobile-first alternative. It’s an HMRC-recognised app that helps you stay compliant, organised, and stress-free, without unnecessary jargon or hidden costs.

Ready to simplify your business finances?

Sign up to ANNA + Taxes today through StartupDeals.co.uk and take control of your tax returns in 2026!

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