Taxmo
taxmo.co.uk
What it is
Taxmo is UK bookkeeping and tax software for sole traders, freelancers, contractors, expats and small businesses. It tracks income and expenses and updates estimates for Income Tax, National Insurance and VAT as entries are added. Paid plans can submit VAT returns to HMRC through the Making Tax Digital API. Taxmo prepares and reviews Self Assessment returns but does not submit them to HMRC; MTD for Income Tax submission is marked as coming soon. Receipt capture extracts supplier, amount, date and VAT from photos and PDFs. Bank imports use read-only, on-demand Open Banking authorization, while CSV statement uploads have no history limit. The accountant platform syncs in both directions with Xero, QuickBooks and FreeAgent, and deadlines can be exported as an iCal feed. Taxmo offers web, iOS and Android apps plus API access; Pro subscribers get a read-only REST API limited to 300 requests per 15-minute window. There is a free plan and a free trial; paid plans start at £9.99/mo, excluding VAT.
Spec sheet
- Purpose
- Taxmo provides UK bookkeeping and tax software for sole traders, freelancers, contractors, expats and small businesses.Read 5 Oct 2026 · taxmo.co.uk
- Free plan
- YesRead 22 Sep 2026 · taxmo.co.uk
- API
- Pro subscribers get a read-only REST API with a limit of 300 requests per 15-minute window.Read 5 Oct 2026 · taxmo.co.uk
- Integrations
- The accountant platform provides live two-way sync with Xero, QuickBooks and FreeAgent, and calendar deadlines can be exported as an iCal feed.Read 5 Oct 2026 · taxmo.co.uk
- Mobile apps
- Taxmo says it has native apps for iOS and Android.Read 5 Oct 2026 · taxmo.co.uk
- Security
- The documentation says traffic uses HTTPS with TLS and HSTS, HMRC OAuth tokens are encrypted with AES-256-GCM, and authentication is passwordless by magic link or Google OAuth.Read 5 Oct 2026 · taxmo.co.uk
- Support
- The Pro plan includes priority support.Read 5 Oct 2026 · taxmo.co.uk
- API access
- YesRead 22 Sep 2026 · taxmo.co.uk
- Bank imports
- Bank imports use read-only, on-demand Open Banking authorization, while CSV statement uploads have no history limit.Read 5 Oct 2026 · taxmo.co.uk
- Data protection
- Taxmo states that it follows UK GDPR, names processors in its privacy policy, and lets users export or delete their data.Read 5 Oct 2026 · taxmo.co.uk
- Filing support level
- automatedRead 22 Sep 2026 · taxmo.co.uk
- Receipts
- Receipt capture can extract supplier, amount, date and VAT from photos and PDFs, with WhatsApp capture on paid plans and email capture on Pro.Read 5 Oct 2026 · taxmo.co.uk
- Return filing
- YesRead 22 Sep 2026 · taxmo.co.uk
- Sales tax calculation
- YesRead 22 Sep 2026 · taxmo.co.uk
- Self Assessment limit
- Taxmo prepares and reviews Self Assessment returns but does not submit them to HMRC; MTD for Income Tax submission is marked as coming soon.Read 5 Oct 2026 · taxmo.co.uk
- Supported tax types
- VAT,Income Tax,National Insurance,Self Assessment,CISRead 22 Sep 2026 · taxmo.co.uk
- Tax estimates
- It tracks income and expenses and updates estimates of Income Tax, National Insurance and VAT as entries are added.Read 5 Oct 2026 · taxmo.co.uk
- VAT filing
- Paid plans submit VAT returns directly to HMRC through the Making Tax Digital API.Read 5 Oct 2026 · taxmo.co.uk
Plans and prices
Strong points and limits
Strong points
- Updates tax estimates as entries are added
- Paid plans file VAT returns through MTD
- Receipt capture reads photos and PDFs
- Bank imports use read-only Open Banking authorization
Limits
- Self Assessment returns are not submitted to HMRC
- MTD for Income Tax submission is coming soon
- Pro API is limited to 300 requests per 15-minute window
Who it suits
Taxmo may suit UK sole traders, freelancers, contractors, expats and small businesses tracking income, expenses and tax estimates. Its accountant platform and client-based plan also address accounting practices.
Verdict
Taxmo brings bookkeeping, estimates and VAT filing together, with a free tier and paid plans from £9.99/mo excluding VAT. Users needing Self Assessment submission or MTD for Income Tax filing should note those stated limits.
Where Specifiction places it
- Tax Compliance Software#9 of 1058.5