Frequently asked questions
Answers about plans, privacy, Statemint AI, accountants and online filing. Cannot find what you need? Contact us.
Plans and pricing
How much does Statemint cost?
Sole Trader is £12.99 a month or £149.99 a year; Ltd Company is £29.99 a month or £329.99 a year; Accountants is £89.99 a month or £999.99 a year. Statemint For Life is £2,999.99 once. Every plan includes every feature for its business type, and each plan comes in Standard and Plus editions. Yearly billing costs less than twelve months of monthly billing.
Which plan do I need?
Choose Sole Trader if you are self-employed, a contractor or run a one-person business. Choose Ltd Company if you run a limited company and need payroll, dividends and Corporation Tax. Choose Accountants if you look after clients, or want to hold personal accounts for tax submissions.
What is the difference between Standard and Plus?
Plus adds online filing to HMRC. Standard includes every feature for your business type but prepares your figures for you to file yourself. Online filing is coming soon and is awaiting HMRC approval, so Plus is not on sale yet.
What is Statemint For Life?
For Life is a single payment that gives you lifetime access to the version you buy, whatever your business type. Later versions are available for an upgrade fee of £199.00. For Life Plus, which adds online filing, will cost £3,499.99 and goes on sale when online filing launches.
Do Statemint prices include VAT?
Home Brunch LTD, the company behind Statemint, is not currently VAT registered, so the prices shown include no VAT. If that changes, the prices on this site will say so.
Can I cancel at any time?
Yes. Monthly and yearly plans can be cancelled at any time. Please read the terms for the full details.
Data, privacy and Statemint AI
Which banks are supported?
Statemint imports statements from nine major UK banks, including Revolut, Barclays, HSBC, Lloyds, NatWest, Monzo and Starling. You can import PDF, CSV or Excel files without reformatting them first.
Is my financial data secure?
Statemint is local-first, so your books are stored on your own computer rather than in a third-party cloud, and the database and the documents you attach are encrypted there. Statemint AI sends data only when you use it. Before a bank statement is sent, account numbers, sort codes, IBANs, phone numbers, email addresses, postcodes, National Insurance numbers and the account holder's name and address are removed on your computer. Names of people or businesses in transaction descriptions are sent as they appear, and the same goes for categorisation. Our privacy policy lists exactly what each feature sends.
Does Statemint work offline?
Yes. You can keep your books and reports on your computer without an internet connection. Statemint AI categorisation needs the internet while it runs, and online filing will too when it launches.
How does Statemint AI categorise my transactions?
Statemint AI reads each line of an imported statement and suggests a UK income, expense or balance sheet category. You review the suggestions, correct any that look wrong and approve them before they appear in your reports.
Can I bring my data from another accounting system?
Yes. You can import customers, suppliers, opening balances, unpaid invoices, bills and bank transactions from a Xero, FreeAgent, QuickBooks, Sage or spreadsheet export. Statemint shows a preview first, takes a backup before importing and lets you undo straight afterwards.
Which computers does Statemint run on?
Statemint is a desktop app for macOS and Windows.
Accountants, clients and personal accounts
Can my accountant use Statemint for several clients?
Yes. The Accountants plan supports unlimited clients, sole traders and limited companies, each with their own financial year, VAT settings and records. Accountants can also keep their own books as a sole trader or a limited company.
What is a personal account?
A personal account is a type of client, not a separate plan. An accountant can hold one for a client who only needs their own tax submission prepared, such as a director with no trade. It is included with the Accountants plan.
Does Statemint replace my accountant?
No. Statemint keeps your records organised, categorised and ready for review, so an accountant can spend less time sorting and more time advising. It does not give tax advice.
Online filing and deadlines
Can Statemint file my VAT or tax returns online?
Not yet. Statemint works out your VAT, Self Assessment and Corporation Tax figures so you can file them yourself. Online filing to HMRC is planned for Plus editions, coming soon and awaiting HMRC approval, with no launch date confirmed.
Can I pre-register for online filing?
Yes. Early supporters who pre-register receive a free upgrade for a year, starting when online filing launches.
Does Statemint file my accounts at Companies House?
Not yet. Statemint tracks your Companies House filing deadlines and, where your licence includes online features, can look up your public company record. Filing at Companies House from Statemint is planned for a future version.