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Federation of Small Businesses MTD vs PaperLess: 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 PaperLess?

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

Federation of Small Businesses MTD homepagePaperLess homepage
 

Federation of Small Businesses MTD vs PaperLess Basics

Federation of Small Businesses MTDPaperLess
Software WebsiteFederation of Small Businesses MTD WebsitePaperLess Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?BusinessesBusinesses and Accountants
HMRC Listed FeaturesNoneRecord keeping
PlatformsWeb-based application, Android, and iOSClient based application
Note data for this section comes from HMRC here and here

Federation of Small Businesses MTD vs PaperLess Reviews

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

Federation of Small Businesses MTDPaperLess
Trustpilot RatingNo Rating4.6
Number of Trustpilot ReviewsNo Reviews44
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
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 PaperLess Prices

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

Federation of Small Businesses MTD pricingPaperLess pricing

Free Plans & Trials

Federation of Small Businesses MTDPaperLess
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 MTDPaperLess
Cheapest Plan Cost Per Month£8.40£69.00
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 PaperLess Features

Federation of Small Businesses MTD featuresPaperLess 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

PaperLess Basic Features

  • Automatic Invoice Recognition
  • Live Posting of Transactions into Sage
  • Automatic Attach Invoices to Sage
  • Automatic Upload of Transactions into Sage
  • Live Lookup of Invoices from withing Sage
  • Full Access to PaperLess Accounting Archive
  • Full Remote Access to PaperLess

PaperLess Software Integrations

  • Iris Exchequer
  • Decorus
  • Numerii

Common Feature Comparison

Federation of Small Businesses MTDPaperLess
Payroll Software IntegrationNoYes
Track VATYesNo
VAT FilingYesYes
Real-Time Financial ReportsNoNo
Prepare Self AssessmentYesNo
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowNoNo
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 MTDPaperLess
Pros
  • Free plan
  • MTD VAT compliant
  • Create simple or multi-line estimates
  • Automate invoice approval processes per on supplier, department, project and/or cost centre
  • Full Document Management Automation for Emailed Invoices
  • Automatic Invoice Recognition
Cons
  • Lack of reviews
  • Low review score

More Comparisons

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Hammock vs MYT
Hammock vs Onvio Tax

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