CashPilot · UK guide

What to look for in accounting software for UK sole traders

The few things that actually matter when HMRC, Making Tax Digital, and your time are on the line — weighed honestly, before you pay for anything.

Choosing accounting software as a UK sole trader isn't about the longest feature list — it's about the few things that actually matter when HMRC, Making Tax Digital, and your time are on the line. Here's what to weigh, honestly, before you pay for anything.

1. MTD for Income Tax readiness

The single biggest question for 2026 onward: is it on HMRC's compatible-software list, and does it handle the new quarterly updates? Making Tax Digital for Income Tax phases in by income:

  • • Over £50,000 → from April 2026
  • • Over £30,000 → from April 2027
  • • Over £20,000 → from April 2028

Pick something MTD-ready now and you avoid a migration later. See our MTD for Income Tax checklist.

2. Real pricing, not headline pricing

Watch what you pay after the intro offer expires, and watch per-feature add-ons that quietly push you up a tier. Compare the year-two price, not the £1-for-six-months hook. The table below shows current entry pricing verified July 2026.

3. Bank feeds that actually reconcile

Automatic transaction import plus rules — not a monthly CSV export you reconcile by hand. Confirm your specific UK bank connects before you switch; coverage varies by provider.

4. Invoicing that gets you paid

Templates, automatic reminders, and pay-by-link so clients can settle in a click. For many sole traders this is the feature that actually moves cash, not the ledger.

5. Expense capture

Photograph a receipt on your phone and have it become a categorised expense — mileage too, if you travel for work. The paper always fades; capture it the day you get it.

6. Getting your data out

Check you can export your records without lock-in before you commit. If leaving means losing your history, that's a cost — factor it in now, not at year-end.

7. Support when it's your money on the line

What channels, what hours, and is the help UK-relevant (VAT, MTD, Self Assessment)? Generic chatbots are fine until a filing deadline — then you want a human who understands HMRC.

At a glance (UK pricing, verified July 2026)

ProviderEntry priceMTD-readyBank feedsBest for
Zoho BooksAffiliateFree / £12YesYes
Clear pricing, self-serve sole traders
See Zoho Books pricing →
QuickBooks£10YesYes
Market-leading MTD support
Official site
Xero£7YesYes
Working with an accountant
Official site
FreshBooks£15CheckYes
Invoicing-first freelancers
Official site

Affiliate disclosure

Some links on this page are affiliate links, clearly labelled. If you sign up through the Zoho Books link we may earn a commission at no extra cost to you. It doesn't change what we recommend, and every price here is one you can verify on the provider's own site. This is general information, not financial advice.

Full affiliate disclosure

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