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MYT vs SimpleTax: Which Is Better Accounting Software?


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

Which accounting software is better MYT or SimpleTax?

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

MYT homepageSimpleTax homepage
 

MYT vs SimpleTax Basics

MYTSimpleTax
Software WebsiteMYT WebsiteSimpleTax Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?Businesses and Self-employedLandlords, Individuals, and Self-employed
HMRC Listed FeaturesNoneSelf employed and landlord record keeping, receipt scanning
PlatformsCloud-based application, Android, and iOSiPhone, iPad, Android and Web
Note data for this section comes from HMRC here and here

MYT vs SimpleTax Reviews

Wondering if MYT or SimpleTax has better user reviews. We compared them below.

MYTSimpleTax
Trustpilot RatingNo Rating4.6
Number of Trustpilot ReviewsNo Reviews1563
iPhone App Rating5No Rating
Number of iPhone Reviews28No Reviews
Android App Rating4.7No Rating
Number of Android Reviews18No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

MYT vs SimpleTax Prices

Which is cheaper MYT or SimpleTax? Here are their prices compared.

MYT pricingSimpleTax pricing

Free Plans & Trials

MYTSimpleTax
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?30 DaysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

MYTSimpleTax
Cheapest Plan Cost Per Month£10.00£4.59
Mid-Tier Plan Cost Per Month£20.00£6.50
Top Plan Cost Per Month£30.00£7.00
Data taken from each company’s website at the time of writing but may have since changed.

MYT vs SimpleTax Features

MYT featuresSimpleTax features

MYT Basic Features

  • AI analytics up to 50 documents
  • Creating customer invoices
  • Submit VAT returns to HMRC
  • Uploading bank statements
  • BOPP Integration
  • Uploading Supplier Invoices
  • Customer list
  • Uploading CIS vouchers
  • Online Bookkeeping

MYT Software Integrations

  • QuickBooks

SimpleTax Basic Features

  • Free Support
  • 100+ Tax Savings Tips
  • Submit Directly to HMRC
  • Self Employment (SA103)
  • Property (SA105)
  • Residency (SA109)

SimpleTax Software Integrations

  • Xero
  • FreeAgent
  • FreshBooks
  • SumUp

Common Feature Comparison

MYTSimpleTax
Payroll Software IntegrationNoYes
Track VATNoYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesNoYes
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowNoNo
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesNo
End of Year FilingsNoYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsNoNo
Track Inventory & Stock LevelsNoNo

MYTSimpleTax
Pros
  • Free trial
  • Intuitive, comprehensive, and innovative tax app
  • Artificial Intelligence Expense Capture
  • Very simple to use
  • Support was quick and easy
  • Very clear pages with clear prompts
  • Ability to automatically fill in tax return
Cons
  • Low review score
  • Support team
  • Doesnt have many choices for expenses
  • User interface could be more customisable
  • Glitches on the tax calculations

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