What is TapTax used for?

TapTax is an app for UK sole traders to handle Making Tax Digital: it imports bank statements, scans receipts, sends invoices and files quarterly updates with HMRC. It is a good fit for filing Making Tax Digital quarterly updates, keeping digital records of income and expenses, and estimating tax owed through the year.

Yes. TapTax has a free plan, and paid plans start at £4.99 per month.

Is TapTax open source?

No. TapTax is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Akaunting, Bigcapital and Midday.

What are some alternatives to TapTax?

TapTax competes with Xero, QuickBooks and FreeAgent.

TapTax: features, pricing and alternatives

About TapTax

TapTax is built for self-employed people in the UK who must now maintain digital records and submit four updates a year to HMRC, then a final declaration, instead of one annual return. The app imports a bank statement from CSV with presets for 16 UK banks, sorts every transaction with AI, scans receipts and bills, and keeps a running tax estimate. The site describes it as HMRC-recognised and says it files each update directly.

Other features are branded invoicing with saved clients, repeats and reminders, bookkeeping, and quote tools. The site also hosts tax guides and free tools such as a sole trader tax calculator, salary after tax, stamp duty, a VAT calculator, an IR35 checker, an invoice generator and parsers for receipts and bank statements. Mobile apps are listed as coming soon to the App Store and Google Play. A free start is offered and paid plans begin at 4.99 pounds a month.

Key features

Quarterly and year-end filing to HMRC
Bank statement import with 16 UK bank presets
AI categorisation of transactions
Receipt and bill scanning
Branded invoicing with reminders
Free tax calculators and guides

Good fit for

Filing Making Tax Digital quarterly updates
Keeping digital records of income and expenses
Estimating tax owed through the year

Tags: making-tax-digital; hmrc; uk-tax; sole-traders; bookkeeping; invoicing; receipts; saas

TapTax: questions and answers

What is TapTax used for?: TapTax is an app for UK sole traders to handle Making Tax Digital: it imports bank statements, scans receipts, sends invoices and files quarterly updates with HMRC. It is a good fit for filing Making Tax Digital quarterly updates, keeping digital records of income and expenses, and estimating tax owed through the year.
Is TapTax free?: Yes. TapTax has a free plan, and paid plans start at £4.99 per month.
Is TapTax open source?: No. TapTax is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Akaunting, Bigcapital and Midday.
What are some alternatives to TapTax?: TapTax competes with Xero, QuickBooks and FreeAgent.