Which accounting software is better Wave or SimpleTax?
We compare them based on real user reviews, prices and what features they both offer.
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Wave vs SimpleTax Basics
| Wave | SimpleTax | |
| Software Website | Wave Website | SimpleTax Website |
| HMRC MTD Status | Not Included | Not Included |
| Who Can Use It? | Businesses and Self-employed | Landlords, Individuals, and Self-employed |
| HMRC Listed Features | None | Self employed and landlord record keeping, receipt scanning |
| Platforms | Web-based application, Android, iOS | iPhone, iPad, Android and Web |
Wave vs SimpleTax Reviews
Wondering if Wave or SimpleTax has better user reviews. We compared them below.
| Wave | SimpleTax | |
| Trustpilot Rating | 1.6 | 4.6 |
| Number of Trustpilot Reviews | 126 | 1563 |
| iPhone App Rating | 4.5 | No Rating |
| Number of iPhone Reviews | 5700 | No Reviews |
| Android App Rating | 4.7 | No Rating |
| Number of Android Reviews | 23000 | No Reviews |
Wave vs SimpleTax Prices
Which is cheaper Wave or SimpleTax? Here are their prices compared.
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Free Plans & Trials
| Wave | SimpleTax | |
| Free Plan? | Yes | No |
| Free Trial? | Yes | Yes |
| Free Trial Length? | 30 days | No |
Paid Plan Prices
| Wave | SimpleTax | |
| Cheapest Plan Cost Per Month | £0.00 | £4.59 |
| Mid-Tier Plan Cost Per Month | NA | £6.50 |
| Top Plan Cost Per Month | NA | £7.00 |
Wave vs SimpleTax Features
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Wave Basic Features
- Get unlimited income and expense tracking.
- Add unlimited partners, collaborators, or accountants.
- Know if you should charge clients more just by glancing at your dashboard.
- Make unlimited bank and credit card connections.
- Access helpful reports like Overdue Invoices & Bills and Profit & Loss.
Wave Software Integrations
- Zapier
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
| Wave | SimpleTax | |
| Payroll Software Integration | Yes | Yes |
| Track VAT | Yes | Yes |
| VAT Filing | Yes | Yes |
| Real-Time Financial Reports | Yes | Yes |
| 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 | Yes | No |
| Employee Time Tracking | No | No |
| Projects | No | No |
| Bank Feed Integration | Yes | No |
| End of Year Filings | Yes | Yes |
| Capture Bills And Receipts | Yes | Yes |
| Bulk Reconcile Transactions | Yes | No |
| Track Inventory & Stock Levels | No | No |
| Wave | SimpleTax | |
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