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QuickBooks 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 QuickBooks or Federation of Small Businesses MTD?

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

QuickBooks homepageFederation of Small Businesses MTD homepage
 

QuickBooks vs Federation of Small Businesses MTD Basics

QuickBooksFederation of Small Businesses MTD
Software WebsiteQuickBooks WebsiteFederation of Small Businesses MTD Website
HMRC MTD StatusApprovedIn Development
Who Can Use It?Agents and businessesBusinesses
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updatesNone
PlatformsWeb-based application, Android, and iOSWeb-based application, Android, and iOS
Note data for this section comes from HMRC here and here

QuickBooks vs Federation of Small Businesses MTD Reviews

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

QuickBooksFederation of Small Businesses MTD
Trustpilot Rating4.6No Rating
Number of Trustpilot Reviews13296No Reviews
iPhone App Rating4.7No Rating
Number of iPhone Reviews25800No Reviews
Android App Rating4.7No Rating
Number of Android Reviews56300No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

QuickBooks vs Federation of Small Businesses MTD Prices

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

QuickBooks pricingFederation of Small Businesses MTD pricing

Free Plans & Trials

QuickBooksFederation of Small Businesses MTD
Free Plan?NoYes
Free Trial?YesNo
Free Trial Length?1 monthNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

QuickBooksFederation of Small Businesses MTD
Cheapest Plan Cost Per Month£7.00£8.40
Mid-Tier Plan Cost Per Month£12.00£16.80
Top Plan Cost Per Month£35.00£30.00
Data taken from each company’s website at the time of writing but may have since changed.

QuickBooks vs Federation of Small Businesses MTD Features

QuickBooks featuresFederation of Small Businesses MTD features

QuickBooks Basic Features

  • Making Tax Digital ready
  • Submit VAT directly to HMRC
  • VAT error checker
  • Prepare for Self Assessment
  • Income Tax estimates
  • Manage income & expenses
  • Send invoices that can be paid in one click
  • Forecast cash flow
  • Free onboarding session
  • Get free phone & chat support

QuickBooks Software Integrations

  • Zettle
  • Fluidly
  • Dext
  • Revolut
  • Paypal

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

QuickBooksFederation 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 TrackingYesYes
ProjectsYesNo
Bank Feed IntegrationYesYes
End of Year FilingsYesNo
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsYesNo

QuickBooksFederation of Small Businesses MTD
Pros
  • User Friendly
  • User Interface
  • Access Anywhere
  • Saves Time
  • Meets Business Needs
  • Free plan
  • MTD VAT compliant
  • Create simple or multi-line estimates
Cons
  • Takes Time
  • Room for Improvement
  • Customer Service
  • Expensive
  • Desktop Issues
  • Lack of reviews

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