🇬🇧 United Kingdom
UK accounting software — MTD, CIS, Open Banking, payroll sync
Run VAT, bank feeds, payroll sync and year-end reporting for a UK business. Built for construction subcontractors with CIS quarterly submissions to HMRC — with French and German compliance in the same subscription when you expand.
Compliance built for Great Britain
Finovo is designed around HMRC rules, UK banking habits and how accountants actually review books.
HMRC Making Tax Digital (MTD)
Keep digital records and submit VAT returns through recognised software. Stay on the right side of MTD for VAT without spreadsheets or manual bridging.
Open Banking & bank feeds
Connect UK and European banks so transactions import daily. Match invoices, expenses and payments in one ledger your accountant can trust.
Self Assessment readiness
Sole traders and directors get clean income and expense trails, mileage logs and categorised transactions — ready to hand off at year end alongside VAT and payroll data.
Corporation Tax preparation
Live P&L, balance sheet and journals give you structured numbers for CT600 seasons — fewer surprises when your accountant opens the year-end pack.
PAYE payroll via BrightPay
Sync payroll data from BrightPay so PAYE, National Insurance and pension calculations sit alongside your books. RTI submissions are handled by BrightPay.
CIS — Construction Industry Scheme
Self-employed construction workers can log CIS payment statements from contractors, track tax deducted at source (20% or 30%), and submit quarterly income and expense updates to HMRC via MTD ITSA — with income, expenses and CIS deductions auto-filled from their bank transactions.
How Finovo compares in the UK
FreeAgent and QuickBooks are strong domestic choices. Finovo matches UK essentials — and adds France and Germany in one product when you need them.
FreeAgent
Excellent for contractors and NatWest bundles. If you later bill in euros, file French TVA or pay staff in Germany, you typically add more tools. Finovo keeps UK, FR and DE in one stack.
Finovo vs FreeAgent →QuickBooks
Deep UK integrations and market share. Multi-entity across countries usually means separate subscriptions or workarounds. Finovo is priced as one platform for all three markets.
Finovo vs QuickBooks →Why teams pick Finovo for the UK
Subsidiaries, remote hiring and cross-border suppliers are normal now. Finovo lets a UK headquarters stay MTD-clean while French TVA and German ELSTER filings live in the same chart of accounts — no duplicate data entry across siloed tools.
Common questions about UK accounting
- Is Finovo approved for Making Tax Digital (MTD) for VAT?
- Yes. Finovo submits VAT returns directly to HMRC via the MTD API and keeps the digital records that HMRC requires. You can file quarterly returns from inside the app without bridging software or spreadsheets.
- Does Finovo support the Construction Industry Scheme (CIS)?
- Yes. Subcontractors can log CIS payment statements from contractors, track tax deducted at source (20% or 30%), and submit quarterly income and expense updates to HMRC via MTD for ITSA. CIS deductions are auto-filled from bank transactions.
- Can UK sole traders use Finovo for Self Assessment?
- Yes. Finovo tracks income, expenses and mileage throughout the year so your accountant gets a clean year-end pack with P&L, transaction history and categorised expenses — reducing the work needed to prepare a Self Assessment return.
- Which UK banks does Finovo connect to via Open Banking?
- Finovo connects to all major UK current accounts including Barclays, HSBC, Lloyds, NatWest, Santander, Monzo, Starling and Revolut via FCA-regulated Open Banking. Transactions import daily and match automatically to invoices and expenses.
Ready to modernise UK finance ops?
60-day trial on Professional · 30 days on other plans · No credit card · Cancel anytime · All three countries included in every plan.