Ready for Making Tax Digital 2026

Your self-assessment,
sorted.

From your phone or browser. No accountant needed.

Freelancer? Sole trader? Landlord? Side hustler?
We've got you covered.

HMRC MTD readyAI-powered categorisationBank-level securityUK-based support

No credit card required

Income

£52,340

Expenses

£12,847

Estimated Tax

£6,247

Adobe Creative Cloud
Software & Subscriptions
Train to London
Travel & Subsistence
Amazon Marketplace
Needs Review

HMRC Recognised

MTD compatible software

FCA Authorised

Bank connections via TrueLayer

Bank-Level Security

256-bit encryption

Works Everywhere

Phone, tablet & desktop

Tax returns shouldn't be this hard.

Sound familiar? You're not alone.

Spreadsheet chaos

Rows of receipts, lost data, hours of manual entry every month.

January panic

Scrambling to find receipts before the deadline, stressed and confused.

Expensive accountants

£300+ just to file a simple return. Money you'd rather keep.

There's a better way.

How TaxFolio works

From bank connection to tax clarity in three simple steps.

1

Connect Bank

Securely link your business account in seconds via Open Banking.

2

AI Categorises

Our AI sorts every transaction into the right tax categories automatically.

3

Review & Done

Confirm the AI's suggestions and see your tax position instantly.

Everything you need. Nothing you don't.

Built for UK freelancers and sole traders who want simple, not complicated.

AI Categorisation

Claude AI understands context. "AMZN MKTP" → office supplies or personal? AI knows the difference.

Bank Connection

Connect via Open Banking. Transactions sync automatically. All major UK banks supported.

Mobile First

Review transactions on your phone. Swipe to confirm. Do your tax admin on your commute.

Real-time Tax

See your estimated tax bill update live as you confirm transactions. No January surprises.

Direct HMRC Submission

Submit quarterly updates directly to HMRC. No spreadsheets, no third-party software. One click.

Mileage Tracker

Log business miles and calculate your allowance automatically. Supports both HMRC rates.

Built for UK sole traders & landlords

TaxFolio handles the most common self-assessment scenarios. Check below to make sure we're right for you.

Supported

  • Self-employment income (SA103)
  • Property/rental income (SA105)
  • Business mileage claims
  • Home office deduction
  • Quarterly MTD updates
  • AI transaction categorisation
  • Bank account connections
  • PDF tax summaries

Coming Soon

  • Capital gains (SA108)
  • Dividend income
  • Multiple employments
  • Receipt scanning

Not Supported

  • Foreign income (SA106)
  • Partnership income
  • VAT-registered businesses
  • Limited companies

These require specialist software or an accountant.

Important Update

April 2026 is coming. Are you ready?

Making Tax Digital becomes mandatory for sole traders and landlords earning over £50,000. That's 780,000 people who need digital records and quarterly updates.

Digital record keeping (required)
Quarterly updates with deadline tracking
Submit directly to HMRC from TaxFolio

Simple, honest pricing

Start free, upgrade when you need more. No hidden fees.

Lite

£69.99/year

Perfect for simple freelancers

  • 1 bank connection
  • 100 transactions/month
  • AI categorisation
  • Full SA103 breakdown
  • SA105 (Landlords)
  • MTD quarterly breakdown
  • Direct HMRC submission
Most Popular

Pro

£129.99/year

For landlords & serious freelancers

  • Unlimited bank connections
  • Unlimited transactions
  • AI categorisation
  • Full SA103 & SA105
  • MTD quarterly breakdown
  • Direct HMRC submission
  • Mileage tracker

No credit card required. Cancel anytime.

Trusted by sole traders across the UK

Join thousands getting their tax sorted the smart way

Finally, tax software that doesn't make me want to cry. The AI categorisation is incredibly accurate.

Saved me hours every month

S

Sarah T.

Freelance Designer

I was dreading MTD but TaxFolio made it completely painless. Set up in 10 minutes.

MTD ready in 10 minutes

J

James M.

Property Landlord

The quarterly view is brilliant. I can see exactly what I owe each quarter instead of panicking in January.

No more January panic

P

Priya K.

IT Contractor

Frequently Asked Questions

Got questions? We've got answers.

Making Tax Digital is a UK government initiative requiring self-employed people and landlords to keep digital records and submit quarterly updates to HMRC. From April 2026, this applies to those earning over £50,000, and from April 2027 for those earning over £30,000. TaxFolio is fully MTD-compatible.

For straightforward self-employment or rental income, TaxFolio can handle everything including HMRC submission. However, if you have complex tax affairs (foreign income, capital gains, multiple businesses), we recommend consulting an accountant. You can export your TaxFolio data to share with them.

Yes. We use bank-level 256-bit encryption for all data. Bank connections are provided through TrueLayer, which is authorised and regulated by the Financial Conduct Authority (FCA). We never store your bank login credentials.

Yes! TaxFolio connects to most major UK banks through Open Banking. This allows us to automatically import your transactions, saving you hours of manual data entry. You can also upload CSV files or add transactions manually.

TaxFolio Pro supports property income (SA105). You can track rental income and expenses for multiple properties, calculate allowable deductions, and submit to HMRC. We support the cash basis for properties.

Our AI analyses your transaction descriptions and automatically suggests the correct tax category. It learns from common patterns and gets smarter over time. You can always review and adjust categories before submitting.

Absolutely! We offer a free trial with no credit card required. You can test all features and even do a test submission to HMRC's sandbox. You'll only need to pay when you're ready to submit your actual tax return.

We offer email support for all users, with priority support for Pro subscribers. We also have a built-in AI assistant called 'Ask TaxFolio' that can answer common tax questions instantly.

Ready to take control of your taxes?

Join thousands of UK sole traders and landlords who've made self-assessment simple. Start your free trial today.

No credit card required
Bank-level security
Cancel anytime

🇬🇧 Built for UK tax by a UK company