Accounting and tax
Connect your accounting software and automatically put money aside for tax.
Available with Pro and Team which start from £9 a month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
Let the bookkeeping take care of itself
Auto-accounting
Connect Xero, Freeagent and Quickbooks.
Tax season ready
Automatically put money aside for tax every time you get paid.
Exclusive offers
Xero free for 6 months. Available until 31 March 2025 for new Xero customers. Ts&Cs apply.
All spending’s documented together
Connect accounting tools Xero, Freeagent and Quickbooks so you know all your spending’s properly documented. Letting you spend time on other things.
Available with Pro and Team which start from £9 a month.
Spend less time updating Xero
We automatically sync your business’ transactions, receipts and expense categories to Xero so you’re always on top of your bookkeeping.
Your team can add everything you need in just a few taps, all from in the Monzo app, and at the point they make a payment.
Check out our exclusive offer for new Xero customers. Ts&Cs apply.
Available with Pro and Team which start from £9 a month.
Turn the tables on tax
Choose to automatically put a percentage aside for tax and other big bills every time you get paid.
No more forgetting to save for your tax bill, and no more moving between accounts to see where the money’s coming from.
Tax Pots are available with Pro and Team which start from £9 a month.
All exported and sorted
Your transactions, invoices and statements all filed away for you.
No more having to remember to download, store and share your documents for accounting and bookkeeping, saving you time so you can focus on the things that really matter - like running your business.
Available with Pro and Team which start from £9 a month.
See where your money’s going with Insights
With Insights, see how much your business is getting paid and how much you’re spending over time periods that matter to you.
Understand which categories you’re spending most in and how your balance is trending over months and years.
Xero free for 6 months
We've teamed up with the award-winning cloud accounting platform Xero to give Monzo customers a free 6 month subscription, worth up to £354.
Available until 31 March 2025 for new Xero customers only. Ts&Cs apply.
Only with Pro and Team which start from £9 a month.
Tax and accounting guides
How to: add information to transactions (including receipts)
A guide for attaching receipts, updating categories and adding notes to your transactions in the Monzo Business app.
How to: integrate your accounting software
A guide for integrating your accounting software in your Monzo Business app.
How to: set up Auto-exports
A guide for setting up Auto-exports in your Monzo Business app.