Everything you need to replace your bookkeeper.
Kit combines your bank statement and PMS data into a single financial dashboard — with AI that understands UK short-let tax rules. Here's what's inside.
An AI bookkeeper that learns from you.
Kit watches every correction you make and turns it into a rule. Re-categorise a Tesco trip as personal once and Kit handles the next one without asking. Mark a vendor as wages and every payment to that vendor inherits the call.
Recurring payments are detected automatically — Netflix, your accountant, your cleaner — and tagged before they hit your review queue. Transfers between your own accounts are paired so they cancel out instead of doubling up. Refunds are linked back to the original purchase so your category totals stay honest.
Over time Kit becomes specific to how you run your portfolio — not a generic categoriser, but a bookkeeper that knows your suppliers, your owners, and your habits.
UK-tax-aware. Built on HMRC guidance.
Kit categorises every transaction with UK tax in mind: allowable vs disallowable, revenue vs capital, mortgage interest restriction, FHL transition rules, and director's loan movements with persistent S.455 warnings.
When you replace a worn-out boiler, Kit treats it as an allowable repair. When you upgrade to a higher-spec unit, it flags the capital element. When you draw money from your company personally, it lands in your DLA — not your P&L — and Kit tells you what S.455 risk that creates if it isn't repaid 9 months after year-end.
These aren't rules we invented. They're HMRC's. Kit applies them so your books are already in the shape your accountant needs.
Every category, explained.
Click any transaction and Kit shows its working: the source (rule, recurring pattern, AI inference, or your own past correction), the confidence score, and the alternatives it considered. Nothing is a black box.
Your accountant can audit any line in seconds — not by re-doing the work, but by reading why Kit made the call and either confirming it or correcting it. Corrections feed back into Kit's rules, so the same question never has to be answered twice.
It's bookkeeping you can defend, in a format HMRC and your accountant both understand.
Connect or upload. Categorise. Done.
Connect your bank in seconds with Open Banking via TrueLayer (FCA-authorised) for an always-on live feed — new transactions sync and categorise automatically. Or drop in a bank statement CSV / PDF and Kit auto-detects the format (Monzo, Starling, Barclays, HSBC, Lloyds, NatWest, Tide). Either way Kit extracts every transaction and categorises each one as revenue, business expense, or personal spending.
OTA revenue is identified instantly — Airbnb payouts from Citibank, Booking.com deposits with reservation references, Stripe payments from direct bookings. Business expenses are sorted into rent, wages, software, marketing, vehicle, and more. Personal spending is separated and tracked as your director's loan.
Ambiguous transactions — an Amazon purchase that could be property supplies or personal shopping, an Uber trip that might be business travel — land in your review queue. You make the call once, and Kit creates a categorisation rule so it remembers forever.
Your PMS knows which property earned what. Now Kit does too.
Upload your financial export CSV from Guesty, Hostaway, or Hospitable. Kit auto-detects the PMS format, extracts every booking, and maps each one to your Kit properties.
For Airbnb payouts, Kit matches by date and amount against your PMS records — so even though Airbnb's bank transfers carry no property information, Kit knows exactly which listing earned the money.
Multiple listings at one property? Kit handles it. If you list the same property as a 6-person and 10-person configuration, both map to a single property for expense allocation while tracking revenue separately for pricing insights.
Supported PMS platforms: Guesty, Hostaway, Hospitable. Lodgify and OwnerRez coming soon.
Know exactly what each property makes you.
Kit combines PMS revenue data with bank statement expenses to produce a true profit and loss per property, per month.
Revenue comes from your PMS — broken down by OTA source, number of bookings, and nights occupied. Expenses come from your bank statement — rent allocated per property, cleaning costs, maintenance, and central overheads.
The result is something no bank statement alone could ever tell you: Harbour View Cottage earned £6,969 this month against £3,500 in rent — that's £3,469 profit at 49.7% margin. The Old Bakehouse earned £1,899 against £1,500 rent — just £399 at 21% margin. One property is thriving. One needs attention. Kit shows you which.
Know what you owe the company before your accountant tells you.
If you run a limited company and use the business account for personal spending, you're building a director's loan. Most operators don't know their DLA position until their accountant calculates it months later — often with a tax bill attached.
Kit tracks your director's loan in real time. Every personal transaction is categorised and totalled against your company's profit. If you've drawn more than the company earned, Kit drops a persistent notification into your tray with the specific tax implications: Section 455 tax at 33.75% on the overdrawn balance, and a potential personal benefit-in-kind charge. The warning stays visible until you act on it — you can't accidentally dismiss it and forget.
This single feature can save you thousands in unexpected tax bills.
Every penny accounted for. Nothing missing.
Kit compares your PMS revenue totals against your bank OTA deposits and highlights any differences. Booking.com says you earned £4,950 this month but your bank received £5,588? Kit explains why — late payouts from last month landing in this period, timing differences on batched transfers.
This catches missing payouts that would otherwise go unnoticed. If an OTA owes you money that never arrived, Kit flags it. If there's a discrepancy you can't explain, you know to investigate before it becomes a year-end problem.
Ask Kit anything about your finances. Get a straight answer.
Kit's AI assistant has full context on your financial data — revenue by property, expenses by category, director's loan position, tax provisions, and reconciliation status.
Ask natural questions and get no-nonsense answers grounded in your real numbers. Kit doesn't guess. It only references your actual data. If it doesn't have enough information to answer, it says so.
Hand your accountant a clean file. Save hours. Save money.
At quarter-end or year-end, export your complete financial data straight into Xero, QuickBooks or Sage — or download a structured CSV / spreadsheet. Every transaction is categorised, allocated to a property, and ready for your accountant to review.
Your accountant doesn't need to download OTA payout reports. They don't need to cross-reference bank statements. They don't need to manually categorise 200 transactions. Kit has already done it — and the data lands in the accounting software they already use. They review, they submit, they invoice you for an hour instead of ten.
Operators typically save £2,000-3,000 per year in reduced accountant fees — because the expensive part of accounting isn't the filing, it's the sorting. Kit eliminates the sorting.
HMRC sees £10k in your account. Kit proves only £2k is yours.
If you manage properties on behalf of owners, every OTA payout includes money that isn't yours — the owner's share. Your bank statement can't distinguish between your management fee and the owner's pass-through. HMRC can't either, without proper documentation.
Kit auto-splits every booking based on your management agreement. A £1,000 booking becomes: £150 OTA commission (already deducted), £170 your management fee (your taxable revenue), £80 cleaning cost (your deductible expense), and £600 owner remittance (not your revenue, clearly documented as pass-through).
Your accountant gets a clean report showing exactly what's yours and what's not. No more hours spent proving to HMRC that £600 belongs to someone else.
What's next for Kit.
Kit is growing. Here's what's on the roadmap.
A dedicated financial account with its own UK sort code and account number, powered by Stripe Treasury. Set it as your OTA payout destination. Revenue arrives and Kit categorises it in real time. No more CSV uploads.
A Visa debit card linked to your Kit Account. Use it for property expenses. Every tap auto-categorised and allocated to the right property. Issue sub-cards for staff with spend limits.
Access funds against confirmed future bookings. One flat fee, no interest, no early repayment charges. Repaid automatically from incoming payouts.
Your numbers, sorted. Tonight.
Upload one statement and see your business clearly for the first time.