Best Accounting Software for MTD Sole Traders

The best accounting software for MTD sole traders is the simplest HMRC-recognised package you’ll genuinely keep up with. For most self-employed people in Cornwall that means a mobile-friendly app with a bank feed, receipt capture and one-tap quarterly submissions — not the biggest feature list.

What to look for

• On HMRC’s recognised list. If it isn’t, it can’t file your updates.
• A bank feed. Transactions arriving automatically saves hours a month.
• Receipt capture. Photograph it, bin it, forget it.
• A price that makes sense. Most sole traders need a starter plan, not a premium one.
• Support you can reach. Ideally, someone local who knows your records.

Spreadsheet users aren’t out in the cold

If your spreadsheet works well, bridging software can send the figures to HMRC for you. It’s often the cheapest route — as long as the spreadsheet is kept properly.

What to avoid

Paying for payroll, stock and project modules you’ll never open. And leaving the switch until the quarter has already started — moving mid-quarter means more work, not less.

Our honest advice

There’s no single winner; there’s the one that suits your trade and your habits. Tell us how you work and we’ll recommend the right fit, set it up and show you the three buttons you actually need. Call 01326 377104.