Your bank. Connected. Soon.
Nobody loves doing their taxes. We get it. We're building Open Banking into A.X.E.L so your transactions just appear, ready to categorise, and your Self Assessment practically fills itself in. It's in development and not live yet. Until it is, you can upload a bank statement CSV and get the same swipe-to-categorise workflow today.
How it will work
Connect your bank
Link your business account through a secure Open Banking connection. You'll authenticate directly with your bank, so we never see your login details. For now, you can upload a CSV statement from your online banking instead.
Transactions import automatically (coming)
Once bank feeds are live, every transaction from your connected account will flow into A.X.E.L. No manual entry, no CSV uploads, no forgetting that Screwfix receipt from three months ago.
Swipe to categorise (live now)
Open Quick Review and swipe through your transactions like a dating app. Right for business, left for personal, up to skip. What used to take hours now takes minutes.
Tax categorisation that doesn't feel like tax.
Let's be honest: nobody sits down on a Sunday excited to categorise expenses. But with Quick Review, it's weirdly satisfying. Each transaction shows up as a card. Swipe right for business, left for personal. That's stage one done.
Then the next stages kick in: assign expense categories, attach receipts, flag anything unusual. You can work through them in order or tackle them in parallel as they appear. Each stage builds on the last, so by the time you're done your books are properly sorted, not just skimmed.
Tap the circle buttons or use keyboard shortcuts on desktop. A few minutes a week is all it takes. By the time Self Assessment comes around, every transaction is reviewed and categorised. No last-minute scramble. No shoebox of receipts. Just clean figures ready to file.
The Self Assessment connection
Here's where it all clicks together. Every transaction you swipe as “business” feeds directly into your Self Assessment. Income, allowable expenses, materials, travel: all pre-sorted and ready. That works today with imported statements, and will work automatically once bank feeds are live.
Income auto-calculated
Business income from your bank transactions feeds straight into your SA. No adding up invoices manually.
Expenses pre-sorted
Everything you swiped as a business expense is already categorised and totalled for your return.
CIS deductions tracked
If you're a contractor, CIS deductions from your bank transactions are tracked as you categorise them.
Review & submit
When it's time to file, your SA is 90% done. Check the numbers, add anything extra, and submit it straight to HMRC.
How it will be secured
Bank feeds will run through an Open Banking provider authorised by the Financial Conduct Authority, with A.X.E.L acting as an agent of that provider when accessing your bank data.
You'll authenticate directly with your bank. Your login details will never be shared with A.X.E.L or stored on our servers.
Read-only means we'll only be able to read your transaction history. We won't be able to move money, make payments, or change anything on your account.
You'll be able to revoke access in one click from your A.X.E.L settings. Previously imported transactions are kept, but no new data will sync.
Make tax season boring.
Upload a statement, swipe your transactions, and let A.X.E.L do the heavy lifting. Live bank feeds will slot straight in when they're ready. Your future self will thank you.