Revolut Statements + Contractors & Freelancers Workflow
As contractor, you regularly handle Revolut bank statements. Contractors and freelancers juggling personal and business accounts need to separate expenses for tax purposes.
BankScan AI: Revolut to Excel for Contractors & Freelancers
BankScan AI converts Revolut statements to Excel automatically — handling DD MMM YYYY and single Amount column with currency code prefix, exchange rate details, and running balance per currency. Upload your bank statements and get organised spreadsheets that make expense categorisation and self-assessment tax returns straightforward.
About Revolut Statement Format
Revolut statements include multi-currency transactions. BankScan AI preserves the original currency and exchange rate columns.
Revolut Statement Quirks
Revolut uses DD MMM YYYY with single Amount column with currency code prefix, exchange rate details, and running balance per currency. Common issues: Multi-currency accounts generate separate transaction lists per currency that must be consolidated, vault savings transfers inflate transaction counts, and fee-free ATM withdrawal limits create separate fee lines when exceeded. BankScan AI handles all of these automatically.
How Contractors & Freelancers Handle Revolut Statements
When working with Revolut statements, contractors & freelancers need to Contractors download bank statements from both personal and business accounts, separate allowable business expenses from personal spending, categorise expenses by type for self-assessment, and either
Key terms you'll encounter: IR35, director's loan account, allowable expenses, flat rate VAT, deemed employment.
How It Works
Upload Revolut statement
Drag and drop your Revolut PDF. Supports PDF, CSV. Our AI handles DD MMM YYYY automatically.
AI parses the statement
Our AI understands Revolut's single Amount column with currency code prefix, exchange rate details, and running balance per currency and extracts every transaction with 99%+ accuracy.
Use in your contractors & freelancers workflow
Download Excel ready for FreeAgent, Xero or direct analysis.
Revolut + Contractors & Freelancers Features
- Each transaction shows — the original currency amount and the GBP equivalent with the exchange rate used
- Vault transfers (savings) — appear as paired debit/credit entries
- Built for Contractors & Freelancers — Saves 1-2 hours per month on expense tracking and categorisation, plus 3-4 hours at year-end when preparing records for self-assessment
- Software compatible — Output works directly with FreeAgent, Xero, QuickBooks Self-Employed
Convert Revolut Statements — Built for Contractors & Freelancers
Handles DD MMM YYYY dates, single Amount column with currency code prefix, exchange rate details, and running balance per currency, and PDF, CSV formats automatically.
Convert Revolut Statements Free