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


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

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

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

Federation of Small Businesses MTD homepageHammock homepage
 

Federation of Small Businesses MTD vs Hammock Basics

Federation of Small Businesses MTDHammock
Software WebsiteFederation of Small Businesses MTD WebsiteHammock Website
HMRC MTD StatusIn DevelopmentIn Development
Who Can Use It?BusinessesLandlords, agents and property managers
HMRC Listed FeaturesNoneNone
PlatformsWeb-based application, Android, and iOSWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

Federation of Small Businesses MTD vs Hammock Reviews

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

Federation of Small Businesses MTDHammock
Trustpilot RatingNo Rating3.8
Number of Trustpilot ReviewsNo Reviews2
iPhone App RatingNo Rating4
Number of iPhone ReviewsNo Reviews7
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Federation of Small Businesses MTD vs Hammock Prices

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

Federation of Small Businesses MTD pricingHammock pricing

Free Plans & Trials

Federation of Small Businesses MTDHammock
Free Plan?YesNo
Free Trial?NoYes
Free Trial Length?No30 Days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

Federation of Small Businesses MTDHammock
Cheapest Plan Cost Per Month£8.40£5.99
Mid-Tier Plan Cost Per Month£16.80£11.99
Top Plan Cost Per Month£30.00£19.99
Data taken from each company’s website at the time of writing but may have since changed.

Federation of Small Businesses MTD vs Hammock Features

Federation of Small Businesses MTD featuresHammock features

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

Hammock Basic Features

  • 1-3 Properties
  • Register your rental properties
  • Bookkeeping
  • Unlimited Bank Feeds
  • Real-time Notifications
  • User Management

Hammock Software Integrations

  • Revolut
  • Monzo
  • Natwest
  • TSB Bank
  • Barclays
  • Aldermore

Common Feature Comparison

Federation of Small Businesses MTDHammock
Payroll Software IntegrationNoNo
Track VATYesNo
VAT FilingYesNo
Real-Time Financial ReportsNoYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesYes
Create InvoicesYesNo
Forecast Cash FlowNoYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingYesNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsNoNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

Federation of Small Businesses MTDHammock
Pros
  • Free plan
  • MTD VAT compliant
  • Create simple or multi-line estimates
  • Free trial
  • Automated bookkeeping
  • Unlimited Bank Feeds
Cons
  • Lack of reviews
  • Low review score

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