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

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

Tide Accounting vs Federation of Small Businesses MTD Basics

	Tide Accounting	Federation of Small Businesses MTD
Software Website	Tide Accounting Website	Federation of Small Businesses MTD Website
HMRC MTD Status	Not Included	In Development
Who Can Use It?	Businesses and Self-employed	Businesses
HMRC Listed Features	None	None
Platforms	Web-based application, Android, iOS	Web-based application, Android, and iOS

Note data for this section comes from HMRC here and here

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

	Tide Accounting	Federation of Small Businesses MTD
Trustpilot Rating	4.3	No Rating
Number of Trustpilot Reviews	17984	No Reviews
iPhone App Rating	4.4	No Rating
Number of iPhone Reviews	7	No Reviews
Android App Rating	4.5	No Rating
Number of Android Reviews	13	No Reviews

Please note ratings we’re accurate at the time of writing but may have since changed

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

	Tide Accounting	Federation of Small Businesses MTD
Free Plan?	Yes	Yes
Free Trial?	No	No
Free Trial Length?	No	No

Data taken from each company’s website at the time of writing but may have since changed.

	Tide Accounting	Federation of Small Businesses MTD
Cheapest Plan Cost Per Month	£9.99	£8.40
Mid-Tier Plan Cost Per Month	£18.99	£16.80
Top Plan Cost Per Month	£49.99	£30.00

Data taken from each company’s website at the time of writing but may have since changed.

Not Listed

	Tide Accounting	Federation of Small Businesses MTD
Payroll Software Integration	Yes	No
Track VAT	Yes	Yes
VAT Filing	Yes	Yes
Real-Time Financial Reports	Yes	No
Prepare Self Assessment	Yes	Yes
Income Tax Estimates	Yes	Yes
Manage Income & Expenses	Yes	Yes
Create Invoices	Yes	Yes
Forecast Cash Flow	Yes	No
Accept and Make Payments In Different Currencies	No	No
Employee Time Tracking	No	Yes
Projects	No	No
Bank Feed Integration	Yes	Yes
End of Year Filings	No	No
Capture Bills And Receipts	Yes	Yes
Bulk Reconcile Transactions	Yes	Yes
Track Inventory & Stock Levels	No	No

	Tide Accounting	Federation of Small Businesses MTD
Pros	A business account with no monthly fee is available. You can access your account digitally via an app on Android or iPhones and on the Tide website. Tide offers bank accounts provided by ClearBank that are eligible for protection through the Financial Services Compensation Scheme (FSCS). Tide offers 24/7 support with the member support team	Free plan MTD VAT compliant Create simple or multi-line estimates
Cons	E-money accounts (for some existing customers) from Tide are not protected by FSCS, though Tide is in the process of moving Tide accounts from PPS e-money accounts to ClearBank FSCS-protected bank accounts It is not possible to deposit cheques into a Tide account Business partnerships and charities cannot open a Tide account	Lack of reviews