ANNA Business Tools vs Federation of Small Businesses MTD: Which Is Better Accounting Software?

We compare them based on real user reviews, prices and what features they both offer.

ANNA Business Tools vs Federation of Small Businesses MTD Basics

	ANNA Business Tools	Federation of Small Businesses MTD
Software Website	ANNA Business Tools Website	Federation of Small Businesses MTD Website
HMRC MTD Status	Not Included	In Development
Who Can Use It?	Businesses and Accountants	Businesses
HMRC Listed Features	None	None
Platforms	Web-based application, Android, iOS	Web-based application, Android, and iOS

Note data for this section comes from HMRC here and here

Wondering if ANNA Business Tools or Federation of Small Businesses MTD has better user reviews. We compared them below.

	ANNA Business Tools	Federation of Small Businesses MTD
Trustpilot Rating	4.5	No Rating
Number of Trustpilot Reviews	2566	No Reviews
iPhone App Rating	4.5	No Rating
Number of iPhone Reviews	791	No Reviews
Android App Rating	3.6	No Rating
Number of Android Reviews	1250	No Reviews

Please note ratings we’re accurate at the time of writing but may have since changed

Which is cheaper ANNA Business Tools or Federation of Small Businesses MTD? Here are their prices compared.

	ANNA Business Tools	Federation of Small Businesses MTD
Free Plan?	Yes	Yes
Free Trial?	No	No
Free Trial Length?	No	No

Data taken from each company’s website at the time of writing but may have since changed.

	ANNA Business Tools	Federation of Small Businesses MTD
Cheapest Plan Cost Per Month	free	£8.40
Mid-Tier Plan Cost Per Month	£3.00	£16.80
Top Plan Cost Per Month	£5.00	£30.00

Data taken from each company’s website at the time of writing but may have since changed.

Fulfils your basic business admin for free
Bookkeeping tools that track your sales, profits and expenses
Submit your VAT Return from any Excel or Google Sheets spreadsheet for £3.50 + VAT
Share access with your accountant or sync with accounting software like Xero or Quickbooks
Create and send professional-looking invoices
Snap receipts and match them to transactions on the go

Not Listed

	ANNA Business Tools	Federation of Small Businesses MTD
Payroll Software Integration	Yes	No
Track VAT	Yes	Yes
VAT Filing	Yes	Yes
Real-Time Financial Reports	Yes	No
Prepare Self Assessment	Yes	Yes
Income Tax Estimates	Yes	Yes
Manage Income & Expenses	Yes	Yes
Create Invoices	Yes	Yes
Forecast Cash Flow	Yes	No
Accept and Make Payments In Different Currencies	Yes	No
Employee Time Tracking	No	Yes
Projects	No	No
Bank Feed Integration	Yes	Yes
End of Year Filings	Yes	No
Capture Bills And Receipts	Yes	Yes
Bulk Reconcile Transactions	Yes	Yes
Track Inventory & Stock Levels	No	No

	ANNA Business Tools	Federation of Small Businesses MTD
Pros	Free plan available for sole traders & limited companies Has most of the key features youâ€™re likely to need Can be used even if you donâ€™t bank with ANNA	Free plan MTD VAT compliant Create simple or multi-line estimates
Cons	Youâ€™ll need the paid version for Corporation Tax returns Doesnâ€™t offer any more advanced features or reporting Not suitable for large corporations	Lack of reviews