What is ANNA Money?
ANNA Money provides a comprehensive business account solution designed to streamline financial administration for businesses. It integrates core banking features, such as a debit card, international payments, and spending tracking, with tools for efficient money management like organizing funds into pots and handling bulk payments or direct debits. The platform facilitates faster payments through easy invoice creation, sharing unique payment links or QR codes, and even offers automatic invoice chasing to reduce administrative burden.
Beyond daily financial tasks, ANNA Money incorporates robust accounting and tax functionalities. It assists with bookkeeping, automatically categorizes expenses captured via receipt uploads, and calculates tax liabilities including VAT and Corporation Tax. The service enables users to file returns directly to HMRC, provides tax reminders, and supports payroll functions. Furthermore, it offers integration capabilities with other accounting software like Xero and Sage, as well as popular e-commerce platforms.
Features
- All-in-one Business Account: Combines banking, accounting, tax, invoicing, and expense management.
- Automated Expense Management: Matches uploaded receipts to transactions and categorizes them automatically.
- Integrated Invoicing: Create, send, and automatically chase invoices with unique payment links/QR codes.
- Automated Tax Handling: Calculates VAT, Corporation Tax, PAYE and facilitates filing directly to HMRC.
- Payroll Management: Supports bulk payments for employees and PAYE calculation.
- Money Organisation Pots: Allows users to segregate funds for better financial planning (e.g., for taxes).
- Multi-Platform Integration: Connects with Xero, Sage, and major e-commerce platforms (Etsy, Amazon, Shopify etc.).
- Debit Card & Cashback: Provides physical and virtual debit cards with cashback opportunities.
- 24/7 Customer Support: Offers round-the-clock support via chat with UK-based staff.
Use Cases
- Streamlining financial administration for small businesses and freelancers.
- Automating bookkeeping and expense tracking.
- Simplifying tax calculation and filing processes.
- Managing business invoicing and getting paid faster.
- Organizing business finances and managing cash flow effectively.
- Handling payroll for small teams.
- Integrating business banking with accounting and e-commerce platforms.
FAQs
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Why is the service called ANNA?
ANNA stands for Absolutely No Nonsense Admin, reflecting its goal to simplify business administration. -
Who is ANNA for?
ANNA is available to UK residents who are directors of limited companies, or run non-limited businesses like partnerships or sole traders. -
Is ANNA a bank?
No, ANNA provides a mobile business account with admin support and tax reminders, including a debit card, account number, and sort code, but it does not offer credit or loans. -
What’s the best way to contact ANNA?
Customers can use the in-app chat for 24/7 support. Non-customers can email hello@anna.money for inquiries.
Helpful for people in the following professions
ANNA Money Uptime Monitor
Average Uptime
100%
Average Response Time
868 ms
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