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Bokio vs Federation of Small Businesses MTD: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Bokio or Federation of Small Businesses MTD?

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

Bokio homepageFederation of Small Businesses MTD homepage
 

Bokio vs Federation of Small Businesses MTD Basics

BokioFederation of Small Businesses MTD
Software WebsiteBokio WebsiteFederation of Small Businesses MTD Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Businesses, Self-employed, and AccountantsBusinesses
HMRC Listed FeaturesRecord keeping, simplified expenses and raising invoicesNone
PlatformsWeb-based applicationWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

Bokio vs Federation of Small Businesses MTD Reviews

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

BokioFederation of Small Businesses MTD
Trustpilot Rating2No Rating
Number of Trustpilot Reviews54No Reviews
iPhone App Rating3.4No Rating
Number of iPhone Reviews16No Reviews
Android App Rating3.5No Rating
Number of Android Reviews181No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Bokio vs Federation of Small Businesses MTD Prices

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

Bokio pricingFederation of Small Businesses MTD pricing

Free Plans & Trials

BokioFederation of Small Businesses MTD
Free Plan?YesYes
Free Trial?YesNo
Free Trial Length?2 monthsNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

BokioFederation of Small Businesses MTD
Cheapest Plan Cost Per Month£0.00£8.40
Mid-Tier Plan Cost Per Month£8.99£16.80
Top Plan Cost Per Month£15.99£30.00
Data taken from each company’s website at the time of writing but may have since changed.

Bokio vs Federation of Small Businesses MTD Features

Bokio featuresFederation of Small Businesses MTD features

Bokio Basic Features

  • Manual accounting – Record your expenses and income.
  • Invoicing – Create, send, track and record invoices with your accounting.
  • Community – Get tips and share experiences with Bokio users in our community.

Bokio Software Integrations

  • Stripe
  • Zettle

Federation of Small Businesses MTD Basic Features

  • 1 Free User (Fixed)
  • 100MB (Fixed)
  • Embedded Video Tutorials
  • Email & Telephone Support
  • Access to FSB Support Centre

Federation of Small Businesses MTD Software Integrations

Not Listed

Common Feature Comparison

BokioFederation of Small Businesses MTD
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesNo
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesNo
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoYes
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsNoNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

BokioFederation of Small Businesses MTD
Pros
  • Free
  • Cloud-based
  • Easy to set up and use
  • Free plan
  • MTD VAT compliant
  • Create simple or multi-line estimates
Cons
  • Premium help comes at a cost
  • Buggy directors payroll section
  • Lack of reviews

More Comparisons

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Bokio vs Kletta
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