The MTD Magpie angle

Check the account you already have before buying MTD software.

Several business accounts now include MTD or accounting tools. The cheapest route can therefore depend on your existing bank before you compare a single software subscription.

Financial-products boundary: MTD Magpie compares an account only as part of an MTD software route. It does not rank bank accounts as financial products or tell you which bank is “best”. Future commercial links will use programme-approved wording and be marked Ad.
Account routeSoftware costWhat you getMain condition
Tide Free + MTD£0 software / £0 monthly free-account feeMTD Income Tax records and submissions; another bank can be connectedTransaction and ATM fees can apply; VAT requires another route
Starling + Accounting Essentials£0 software subscriptionBookkeeping and MTD Income Tax quarterly submissionsProvider page checked still says end-of-year declarations are coming soon; VAT is paid
Monzo Business Lite + MTD£0 software / £0 Lite monthly feeMTD Income Tax tools powered by SageNo VAT filing or accountant collaboration in the free route
Mettle + FreeAgent£0 FreeAgent subscriptionFull FreeAgent accounting, MTD Income Tax and VATAt least one Mettle transaction a month is required to retain free FreeAgent
NatWest / RBS / Ulster Bank + FreeAgent£0 FreeAgent subscription for eligible customersFull FreeAgent accounting, MTD Income Tax and VATOnly relevant if the business account itself is eligible; bank fees are separate
ANNA Free + MTD£0 ANNA planMTD Income Tax filing; another UK bank can be connectedUsage charges can apply and Auto Accountant is separate

The finder now asks which bank you already use

This is deliberate. If you already use Mettle, for example, FreeAgent can be materially different from its normal standalone price. If you say you will not open another account, the finder removes bank-required routes that do not match your current account rather than pushing you towards a referral.

Why £0 does not automatically win

A zero-subscription account route may still carry transaction charges, product limitations or a need for separate VAT software. We compare those conditions with standalone software rather than treating the headline price as the whole answer.

Commercial links remain off for launch

Bank and payment-account promotions need particular care. Provider facts can be published now, but paid links will only be activated after the relevant affiliate programme confirms the permitted wording.

Run the finder

Provider pages checked 22nd September 2026.