Is Free MTD Software Genuinely Free?
Some products are genuinely free at the point of use; others offer a free tier with paid upgrades. Read the terms before relying on a product, and always confirm the product appears on HMRC’s current list of MTD-compatible software.
What Free MTD Software Typically Covers
Free tiers usually cover basic record-keeping and quarterly submissions for one income source, with limited reporting and no automation.
Limitations of Free MTD Tools
Common limitations: no bank feeds, single income source only, restricted support, no mobile app and limited reporting. They can be a workable starting point for very simple businesses.
When to Consider Paid MTD Software
Once you have multiple income sources, employees, more than a handful of monthly transactions, or want bank feeds and automation, paid software typically pays for itself in time saved and error reduction.
HMRC's Software Recognition Criteria
HMRC publishes technical and functional standards software must meet to be listed. Always check that any free product is currently on the recognised list.
Getting Help to Set Up Free MTD Software
Our software setup service can configure free MTD software for you, migrate existing records and confirm HMRC authorisation.