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Federation of Small Businesses MTD vs MyFirmsApp: 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 MyFirmsApp?

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

Federation of Small Businesses MTD homepageMyFirmsApp homepage
 

Federation of Small Businesses MTD vs MyFirmsApp Basics

Federation of Small Businesses MTDMyFirmsApp
Software WebsiteFederation of Small Businesses MTD WebsiteMyFirmsApp Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?BusinessesBusinesses and Accountants
HMRC Listed FeaturesNoneA compliant App solution for accountants and bookkeepers that handles income, expenses and more
PlatformsWeb-based application, Android, and iOSiPhone, iPad, Android, web
Note data for this section comes from HMRC here and here

Federation of Small Businesses MTD vs MyFirmsApp Reviews

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

Federation of Small Businesses MTDMyFirmsApp
Trustpilot RatingNo RatingNo Rating
Number of Trustpilot ReviewsNo ReviewsNo Reviews
iPhone App RatingNo Rating3.8
Number of iPhone ReviewsNo Reviews42
Android App RatingNo Rating3.7
Number of Android ReviewsNo Reviews38
Please note ratings we’re accurate at the time of writing but may have since changed

Federation of Small Businesses MTD vs MyFirmsApp Prices

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

Federation of Small Businesses MTD pricingMyFirmsApp pricing

Free Plans & Trials

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

Paid Plan Prices

Federation of Small Businesses MTDMyFirmsApp
Cheapest Plan Cost Per Month£8.40Not Listed
Mid-Tier Plan Cost Per Month£16.80NA
Top Plan Cost Per Month£30.00NA
Data taken from each company’s website at the time of writing but may have since changed.

Federation of Small Businesses MTD vs MyFirmsApp Features

Federation of Small Businesses MTD featuresMyFirmsApp 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

MyFirmsApp Basic Features

  • Meaningful, insightful content
  • Updated daily and weekly
  • Searchable 24/7
  • Proactive push notifications
  • All done for you
  • Full customisation
  • 37 Powerful tools for you and your clients
  • Dedicated support and services
  • Everything in one place

MyFirmsApp Software Integrations

Not Listed

Common Feature Comparison

Federation of Small Businesses MTDMyFirmsApp
Payroll Software IntegrationNoNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsNoYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowNoYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingYesNo
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsNoYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoNo

Federation of Small Businesses MTDMyFirmsApp
Pros
  • Free plan
  • MTD VAT compliant
  • Create simple or multi-line estimates
  • Dedicated account managers
  • Accelerate Client App downloads with Auto-launch
  • E-Learning Hub
Cons
  • Lack of reviews
  • No pricing on website
  • Low review score

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