The best business account for taxi businesses

Income from every platform tracked in one place, vehicle costs expensed, tax set aside as you drive. ANNA handles the admin side so you can focus on the road.

  • Track income from every platform in one place
  • Vehicle costs and licensing fees expensed automatically
  • Tax set aside as each fare pays out
  • VAT, Corporation Tax or MTD Self Assessment sorted
A taxi driver at the wheel in city traffic while the ANNA app shows an invoice sent for an airport pick-up and £1,840 set aside in a Tax Pot

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How ANNA helps run your taxi business

The finances of a taxi business don't look like most other trades. Variable shifts, platform payouts, cash fares, and vehicle costs every week. Here's what you're actually dealing with – and what ANNA handles for you.

Income from every platform, in one place

Whether you drive for Uber, Bolt, Ola, or take private bookings, each platform pays on its own schedule in its own way. ANNA gives you one account to see everything – what's arrived, what's pending, and what you've actually earned this week – without logging into five different apps to find out.

Know how much tax you owe

With ANNA, tax is never a surprise. You'll know what you owe HMRC in real time, based on all your transactions and invoices.

Vehicle costs, logged properly

Fuel, insurance, servicing, MOT, tyres, valeting – your vehicle is your business, and every cost is a legitimate tax deduction (or claim the simplified 55p-per-mile rate instead). ANNA's AI receipt scanner reads each receipt and categorises the expense automatically. No paper pile, no manual admin.

Licensing fees, tracked without thinking

PHV licence renewal, vehicle licensing, operator fees – these are real business costs and legitimate deductions. Photograph the receipt or note the payment in ANNA and it's categorised automatically.

Cash flow that moves with your shifts

A busy week before Christmas, a quiet stretch in February – taxi income is unpredictable by nature. ANNA's Tax Pot sets money aside as each payment arrives, so you're never scrambling when HMRC comes calling.

Pay yourself or a team member simply

Running a limited company? The +Taxes add-on includes payroll for a director or employee, built into the same app you use for everything else.

Related guideHow to start a taxi business in the UK – licences and setup guide

Invoicing

Invoice corporate clients without chasing them yourself

Create and send a professional invoice in seconds, directly from the ANNA app. Add a payment link so clients can pay by card on the spot. Set up recurring invoices for regular clients so you never have to think about it.

For taxi businesses: Most drivers don't invoice daily fares – but if you have a business account, school, or care home you invoice regularly, ANNA keeps all those records clean and chases late payers so you don't have to make that awkward call.

  • Create and send invoices in seconds
  • Payment links – clients pay by card from their phone
  • Recurring invoices for weekly and monthly clients
ANNA invoice list for a taxi business, with an evening pick-up and a wedding drop-off paid, one invoice due in 2 days and another overdue

Expenses

Every taxi expense, categorised automatically

ANNA will remind you to take a picture of receipts as you buy. Our AI receipt scanner reads them and categorises the expense. It all lands in the right place, ready for your tax return.

For taxi businesses: Vehicle costs are your biggest expense and your biggest tax deduction. The more accurately you record them throughout the year, the lower your tax bill at the end of it. ANNA makes the recording part take seconds, not hours.

  • AI-powered receipt scanner – photo it and move on
  • Efficient expense auto-categorisation
  • No missed transactions and no human error
  • No human accountant needed – it's all handled for you
A black cab parked on a city street while the ANNA app auto-categorises expenses for bottled water, a tyre replacement, seat covers and logo shirts

Tax Pot

Tax set aside automatically, so there are no nasty surprises

Every time you get paid, ANNA can automatically move a percentage into a Tax Pot. When MTD Self Assessment or a VAT bill arrives, the money's already there. No scrambling, no borrowing, no stress.

For taxi businesses: Most taxi drivers are sole traders paying tax on their profits twice a year through Self Assessment. A quiet week doesn't mean a quiet tax bill – your payments on account are based on last year's earnings regardless. Setting aside a percentage from every payout, not a lump sum in January, is the simplest way to stay ahead of it.

  • Running tax estimate so you always know what you owe
  • Separate pot for VAT, Corporation tax or Self assessment
  • Automatic Tax Pots – set your percentage and forget it
ANNA Tax Pot showing £2,340 set aside automatically as 20% of income, with a progress bar

Auto Accountant · +Taxes

VAT, MTD Self Assessment and Corporation tax – handled

ANNA's Auto Accountant calculates your taxes behind the scenes, so that you can review and file them directly with HMRC – no spreadsheets, no accountant required.

For taxi businesses: Once your turnover hits £90,000 you must register for VAT and file quarterly. ANNA handles it for you, one more job off your to do list.

  • Auto Accountant calculates your taxes on the background
  • VAT filing directly to HMRC (MTD-compliant)
  • MTD Self Assessment filed in a few clicks
  • Corporation Tax sorted if you run a limited company
  • Expert support when you need a human
Learn about +Taxes
ANNA app card showing a Q3 2026 VAT return of £3,210.80 filed to HMRC automatically under Making Tax Digital

Team expense cards

Give your team a card – with limits you control

When your drivers need to buy supplies on a job, give them their own ANNA business expense card with a spending limit. No petty cash, no reimbursements, no receipts shoved in a pocket.

For taxi businesses: Useful when a driver needs to cover fuel or a vehicle repair. They spend within the limit you set, ANNA logs every transaction automatically, and you can see exactly where the money went without making a single call.

  • Up to 5 expense cards on the Business plan
  • Set individual spending limits per card
  • See all team spending in one place in real time
  • Virtual cards available instantly
Two ANNA business debit cards beside a Team cards panel showing three active cards, each with its own weekly spending limit

Plans that grow with your taxi business

Start free, upgrade as you grow. No hidden fees, cancel any time.

Pay As You Go

£0Pay for what you use

Basic account with no monthly fees. You only pay for what you use

No monthly fee
0.95% commission on all payments into your account
No commission on transfers from your own accounts

Big Business

£59.90a month+VAT

Unlimited account with
everything your business needs to thrive

First month is free
Unlimited free local transfers
Unlimited free expense cards

+Taxes add-on

£29.00a month+VAT

Your bookkeeping, corporation tax, VAT and payroll sorted. LTD companies only

Tax calculation & filing
Auto-bookkeeping
Expert tax support

Do you need a business account for a taxi business?

It depends on your structure – but separating business and personal money almost always makes financial admin easier.

If you're a sole trader driver

Not legally required, but HMRC expects clear business records. Mixing them with personal spending makes your tax return harder and gives HMRC more to question. A free account solves this in minutes.

If you run a limited taxi company

A limited company is a separate legal entity. Using a personal account for company money isn't permitted – it can create serious tax and legal problems.

If you work with staff or subcontractors

Once you're paying other people, a proper business account makes it much easier to track payments, manage invoices and keep clean records for HMRC.

Businesses that use ANNA

Business owners love ANNA, from our clever tools to the human touch that makes running your business feel so easy.

Really pleased with my ANNA business account. Reduces a lot of faff involved in running a business. Payments are quick and easy to make, I can instantly upload receipts.

Rogue Sunshine
Trustpilot, 4 July 2026

Just started using cab card... so easy to use and do easy getting your pay out and transfering to my current account.... brilliant...

Roger William Campbell
Trustpilot, 23 June 2026

Really pleased with my ANNA business account. Reduces a lot of faff involved in running a business. Payments are quick and easy to make, I can instantly upload receipts.

Rogue Sunshine
Trustpilot, 4 July 2026

Just started using cab card... so easy to use and do easy getting your pay out and transfering to my current account.... brilliant...

Roger William Campbell
Trustpilot, 23 June 2026

Really pleased with my ANNA business account. Reduces a lot of faff involved in running a business. Payments are quick and easy to make, I can instantly upload receipts.

Rogue Sunshine
Trustpilot, 4 July 2026

Just started using cab card... so easy to use and do easy getting your pay out and transfering to my current account.... brilliant...

Roger William Campbell
Trustpilot, 23 June 2026

Been with anna since 2020. An interactive app that offers live staff who are always friendly and super efficient.

James A Roberts
Trustpilot, 18 May 2023

I have used anna on two business accounts and it's an amazing banking platform.

Lee
Trustpilot, 13 July 2026

Been with anna since 2020. An interactive app that offers live staff who are always friendly and super efficient.

James A Roberts
Trustpilot, 18 May 2023

I have used anna on two business accounts and it's an amazing banking platform.

Lee
Trustpilot, 13 July 2026

Been with anna since 2020. An interactive app that offers live staff who are always friendly and super efficient.

James A Roberts
Trustpilot, 18 May 2023

I have used anna on two business accounts and it's an amazing banking platform.

Lee
Trustpilot, 13 July 2026

How ANNA business account compares

Key features for taxi businesses, side by side.

UK business account feature comparison for small businesses
AccountMonthly feePayrollAccountingPayment linkFSCS
ANNAFrom £0YesNativeBuilt-inYesYes
TideFrom £0YesBasicBuilt-inYesYes
Starling£0YesNativevia Xero + QuickbooksNoYes
Monzo BusinessFrom £0Yesvia XeroYesYes
Barclays£8.50/moNoNoNoYes

Fees and features correct at time of writing. Always check provider websites for the latest details.

Common questions from taxi businesses

No – sole traders aren't legally required to keep business and personal money separate. But HMRC expects clear records of business income and expenses, and mixing them with personal transactions makes that much harder. A free ANNA account solves this with almost no effort.
Once your taxable turnover exceeds £90,000 in any rolling 12-month period. Once registered, you'll file quarterly under Making Tax Digital (MTD). With ANNA's +Taxes add-on, every VAT return is calculated automatically so that you can submit it directly to HMRC.
Yes – if you are a sole trader, ANNA Auto Accountant will categorise your income and expenses throughout the year, and calculate your MTD Self Assessment automatically so that you can file it in a tap directly with HMRC when it's due. A few clicks, not a few weeks of panic.
Under 10 minutes – you'll need a smartphone, some ID, and your basic business details. Your ANNA business expense card arrives in 2–3 days. Our Cardiff-based team is available 24/7 if anything needs a hand.
Yes – vehicle costs are one of the biggest tax deductions available to taxi drivers. You can either claim actual costs (fuel, insurance, servicing, MOT, cleaning) with an adjustment for any private use, or use the simplified mileage method at 55p per mile for the first 10,000 business miles.
Each platform deposits earnings into your ANNA account on its own schedule. Everything lands in one place and ANNA categorises each transaction automatically. You can see your total income at a glance without logging into multiple apps.
Making Tax Digital for Income Tax (MTD ITSA) is HMRC's digital record-keeping requirement for self-employed people. If your annual income exceeds £50,000, you're required to use MTD from April 2026. The £30,000 threshold follows in April 2027. ANNA keeps your records MTD-ready throughout the year, so when it applies to you, nothing changes – it's already handled.
Yes – ANNA Auto Accountant prepares your Corporation tax so that you can file it directly with HMRC.

Get your admin sorted in one place

Open an ANNA business account in under 10 minutes. No branch visit, no credit check. Free to start.

Accounts for other business types

ANNA works across all kinds of small businesses – not just taxi. See how it fits yours.