What is Hnry? - Hnry Review for 2025

Endless spreadsheets, complex tax rules, and a pile of invoices...Who can truly say they enjoy this part of managing finances?

In a world where self-employment is booming, Hnry offers a unique blend of technology and expert support that promises to transform this tedious task. 

Let's explore what makes Hnry the ideal partner for freelancers, contractors, and anyone working on their own.

If Hnry doesn't quite meet your needs, no problem – we've included an alternative option for you at the end of this article.

What is Hnry?

Hnry is a comprehensive financial management service designed to help self-employed professionals with everything related to taxes, expenses, invoicing, and compliance. 

Hnry is an all-in-one assistant that automates your financial administration, calculates and pays your taxes, manages your expenses, and lodges your returns.

What's more, Hnry's unique approach combines an intuitive app with access to a team of qualified accountants.

This hybrid service model ensures that you're never left in the dark with complex financial questions or unexpected tax bills. 

Lastly, you only pay Hnry when you're earning, making it a cost-effective solution for fluctuating income streams.

How Hnry Works

1. Create Your Hnry Account

Setting up your Hnry account is quick and straightforward.

When you sign up, you'll receive a unique Hnry Account that's held in trust in your name.

All your clients' payments will go into this account, making it easy for Hnry to manage your finances.

2. Receive Payments Directly into Your Hnry Account

When a client pays you, the funds go directly into your Hnry Account. From there, Hnry's system instantly calculates all your taxes – whether it's Income Tax, GST, Medicare, or Student Loan repayments.

3. Automatic Tax Deductions and Payments

The right amount of tax is deducted and sent straight to the ATO, ensuring that your tax obligations are met in real time.

You can log into your ATO account at any time to see your up-to-date tax status.

4. Payment Transfer

After tax deductions, the remaining amount is immediately sent to your personal bank account – and is yours to keep.

Key Features of Hnry

Hnry is actually a full-suite service that covers all aspects of sole traders' financial management. Here's what you get when you join Hnry:

⚡ Automated Tax Payments and Lodgments

The core of Hnry's service is automating the tedious task of tax management.

So, every time you get paid, Hnry calculates, deducts, and pays your Income Tax, GST, and other relevant obligations in real-time.

Plus, all your tax returns are lodged on time by Hnry's team of expert accountants, making tax season a stress-free experience.

⚡ Unlimited Invoicing

Creating and managing invoices is often a headache for freelancers, but with Hnry, you can send unlimited invoices through the app and track payment statuses.

If a client is late on payment, Hnry will even send polite reminders, so you don't have to.

⚡ Expense Management

Forget about shoeboxes of receipts. Raise expenses easily through the app by snapping a photo of the receipt.

Hnry's accountants will manage these expenses, ensuring they're categorized correctly and claimed for the right tax relief.

⚡ Hnry Debit Card

The Hnry Debit Card is a new feature that makes claiming tax deductions easier.

Simply use the Hnry Debit Card for business purchases, snap a photo of the receipt, and the app will automatically raise it as a business expense. 

This feature is perfect for freelancers who are always on the go and want to streamline their expense management.

⚡ Client and Payment Management

Manage your client information, create professional-looking quotes, and offer multiple payment options, including credit card payments.

Hnry's system ensures smooth client management without the need for additional tools or services.

⚡ Allocations for Savings and Investments

Allocate portions of your earnings to savings, superannuation, or investments automatically every time you get paid.

⚡ Expert Support

Hnry's team of registered accountants is always available to help with your most challenging tax questions.

Whether it's figuring out complex deductions or understanding GST rules, you'll have experts on your side.

Pricing:

Hnry's pricing structure is one of its standout features. Here's how it works:

⚡ 1% + GST on Income Paid into Your Hnry Account:

You pay just $1 (plus GST) for every $100 of income received into your Hnry Account. 

This single fee covers all aspects of the Hnry service, including tax calculations, expense management, invoicing, and expert support.

⚡ Capped at $1,500 Per Year:

Hnry's fee is capped at a maximum of $1,500 annually, making it a highly cost-effective solution even for higher earners.

⚡ No Subscription Fees, No Hourly Rates, No Hidden Costs:

You only pay Hnry when you're earning, with no hidden fees or complicated pricing tiers.

Why Choose Hnry?

For freelancers, contractors, and sole traders, who are looking for more than just an accounting tool – Hnry is a way to go.

With Hnry, everything is managed under one roof, giving you more time and peace of mind to focus on what you do best.

Hnry vs. ANNA: A Comprehensive Comparison

Hnry and ANNA are two innovative solutions that simplify the complex financial and administrative tasks that self-employed professionals and small business owners face. 

However, their core functionalities and target audiences is what makes them unique and suitable for different types of users. 

Here's a detailed comparison to help you decide which is right for your business needs:

1. Service Focus

⚡ Hnry:

Hnry is primarily designed for freelancers, sole traders, and independent contractors who want a comprehensive solution for managing their taxes, expenses, and invoicing.

It acts as both an accountant and a tax agent, taking care of every aspect of financial compliance.

The service focuses on automating tax payments and returns, ensuring that you're always up-to-date with the Australian Tax Office (ATO) without a separate software for each task.

⚡ ANNA:

ANNA, on the other hand, is more tailored towards small business owners, startups, and entrepreneurs looking to establish a formal company structure.

ANNA's key feature is its ability to handle complete company registration, including obtaining an Australian Company Number (ACN) and Australian Business Number (ABN).

ANNA also offers an integrated business bank account, bookkeeping, and tax management, making it an all-in-one business solution for those who want to manage an incorporated business efficiently.

2. Tax Management and Compliance

⚡ Hnry:

Hnry's standout feature is its real-time tax management. Every time you receive income in your Hnry Account, the system automatically calculates and pays your income tax, GST, Medicare, and any student loan obligations.

Hnry's team of registered accountants also lodges your BAS and Income Tax returns whenever they're due.

This is particularly valuable for sole traders and freelancers who often struggle to keep up with fluctuating incomes and varying tax obligations.

⚡ ANNA:

ANNA's tax management is more tailored to companies, with automatic GST calculations, annual company tax return statements, and direct tax lodgments.

It also provides a personalised tax calendar to ensure you never miss a deadline.

However, its primary focus is on managing compliance for registered businesses, including calculating company income tax, and GST, and handling Business Activity Statements (BAS).

ANNA also prides itself on the award-winning 24/7 customer support, where no question remains unanswered!

3. Expense and Invoicing Features

⚡ Hnry:

Hnry makes managing expenses easy with its simple "snap-and-raise" feature.

Just snap a photo of your receipts and enter a few details. The expense is automatically raised and reconciled in the app.

Hnry also offers unlimited invoicing with automated chasing for unpaid invoices, helping freelancers get paid faster and manage client payments effortlessly.

⚡ ANNA: 

ANNA provides a more robust invoicing system with professional-looking invoice templates, automated reminders, and direct bank account integration.

It's designed to help small businesses manage multiple client accounts and cash flows.

ANNA also includes automated receipt matching and categorization, which helps keep your books organised for efficient tax filing and expense management.

4. Company Registration and Business Setup

⚡ Hnry:

Hnry does not offer company registration services. It's specifically designed for sole traders and freelancers who already have their business structure set up or who operate as individuals.

Hnry's focus is on simplifying tax compliance and financial admin for those working under their own ABN.

⚡ ANNA: 

ANNA's biggest differentiator is its seamless company registration service.

You can register a new Australian company, obtain an ACN and ABN, and receive all your official ASIC documentation through the ANNA platform. This feature is ideal for entrepreneurs looking to set up a new company quickly and efficiently.

ANNA also offers support for registering a business name, setting up a business bank account, and managing all regulatory requirements from the start.

5. Pricing Models

⚡ Hnry:

Hnry charges a simple, pay-as-you-go pricing structure – 1% + GST on income received into your Hnry Account, capped at $1,500 per year. There are no subscription fees, joining costs, or hidden charges.

This model is ideal for sole traders who have fluctuating incomes, as you only pay when you're earning.

⚡ ANNA:

ANNA's pricing is more subscription-based, with 2 options starting from a company registration package ($630, including ASIC fees) and a one-year introductory fee of $619 for the full ANNA One service.

The ANNA One package includes business registration, tax compliance, bookkeeping, and invoicing support.

This pricing model is more suited for businesses with steady cash flow and those looking to formalise their operations with a company structure.

Which One is Best for You?

Hnry's strength lies in its real-time tax payments, expert support, and pay-as-you-go pricing model, making it ideal for those with fluctuating incomes and minimal overhead.

ANNA is perfect for those who want to register a company quickly, manage business banking, and ensure compliance from day one.

Its business bank account integration, company registration, and comprehensive bookkeeping features make it a strong choice for those managing a small enterprise with employees or investors.

Understanding your specific business structure and financial needs will help you decide which service is the best fit for your growth and success.

If you think ANNA better suits your needs, why wait?

Get started now and set up your company, manage your finances, and streamline your tax obligations – all in one place.

Sign up with ANNA today and take the first step towards building a successful business!