Invoice & Expense Categoriser (HMRC)v1.0.0

A freelance graphic designer imports their bank statement at the end of each quarter to categorise expenses like software subscriptions, office supplies, and client entertainment. The categoriser flags non-deductible client meals and suggests capital allowance for a new computer.

A self-employed plumber uses the categoriser to sort expenses into HMRC categories, including van mileage, tools, and materials. The tool calculates mileage allowance and identifies capital expenses for a new van, considering AIA.

An online retailer categorises transactions to separate cost of goods sold, shipping, and advertising. The generated report supports VAT return preparation and highlights items that may need capital treatment.

A management consultant logs expenses monthly, including travel, hotel stays, and professional memberships. The categoriser ensures correct classification under travel and professional fees, and applies simplified home office expenses for work-from-home days.

Offer basic categorisation and a limited number of transactions for free, with premium features like MTD-ready reports, multi-currency support, and automatic bank feeds as paid subscriptions.

Charge a fee per report generated (e.g., quarterly P&L, VAT-ready summary). Users only pay when they need a formal output, making it cost-effective for occasional use.

Provide a white-label version for accounting firms to offer to their clients. Accountants use the categoriser to streamline expense categorisation and generate reports, saving time and improving accuracy.