I have a client who is currenty using a desktop version of Quickbooks. Having spoken with Quickbooks, in order to continue using the software and submit MTD VAT compliant returns directly from the software, my client will need to upgrade her software to the latest version, which will costs them £26 per month. My client was quite astonished at this cost, given they have only paid an outright fee for the software a few years ago. Quickbooks no longer offer an outright purchase, and only have a monthly fee option. We are now looking at other alternatives with regards to bridging software (and alternative accounting packages), which are much cheaper options. So for the bridging options, I have been looking at:
- MTDfVAT, which is £50 per annum, cloud based and looks extremely easy to use.
- MTD express, at £40 per annum, and appears to be quite similar to MTDfVAT
- Vitaltax, which is free for the first year, then £1 per month thereafter. This is an excel addon, and again looks easy to use.
Does anyone have any experience with any pilots of any of the above and willing to share this?