Tax News

QuickBooks Price Increase 2026: What Changed and What Are Your Options?

QuickBooks raised UK prices by up to 50% in January 2026. Here's what changed, what you're now paying, and the alternatives worth considering.

P
Paul Gosnell
Founder & CEO
15 February 20269 min read
Share
A

Quick Answer

QuickBooks raised UK prices in January 2026 — Essentials up 15%, Plus up 50%. If you're looking for alternatives, options range from free (Wave, FreeAgent via NatWest) to £9-65/month depending on features needed.

What Happened in January 2026

Intuit quietly raised QuickBooks Online prices across its UK plans in January 2026. There was no advance blog post, no detailed explanation — just higher numbers on the next invoice.

Here is what changed:

Plan Old price New price Increase
Simple Start £12/month £14/month +17%
Essentials £24/month £28/month +17%
Plus £34/month £50/month +47%
Advanced £70/month £82/month +17%

The Plus plan took the biggest hit. If you were paying £34 a month, you are now paying £50 — an extra £192 a year for the same software you were already using.

For anyone who has been on QuickBooks for a few years, the cumulative damage is worse. One charity director posting on AccountingWeb described going from £32 a month in 2022 to £56 a month in 2026. That is a 75% increase in four years, on a product that has not changed by 75%.

The Ripple Effect on Accountants and Practices

This is not just a problem for individual businesses. Accountants who manage QuickBooks subscriptions for their clients are absorbing hundreds — sometimes thousands — in unexpected costs.

One practitioner on AccountingWeb running 141 client subscriptions calculated the increase at over £2,000 straight off their annual profit. They described it as "almost a 70% price increase" and questioned whether the product justified the cost any longer.

The phrase "annual price gouging" came up more than once in the discussion. Whether or not that is fair, the frustration is real. When your software costs rise faster than your revenue, something feels fundamentally broken.

Why This Keeps Happening

QuickBooks is not alone in raising prices — Xero increased UK pricing by 10-17% in September 2025, pushing its Grow plan from £33 to £37 and its Comprehensive plan from £47 to £50 a month. Sage and others have followed similar patterns.

There are a few reasons this has become the norm:

Platform lock-in works. Moving accounting software is genuinely painful. You have years of historical data, bank feeds, payroll connections, and integrations to consider. Software companies know this, and they price accordingly.

Investors expect growth. Intuit is a publicly traded company. When subscriber numbers plateau, the simplest way to grow revenue is to charge existing customers more. The calculation is straightforward: if 5% of customers leave after a 30% price increase, you still come out ahead.

Features you may not use subsidise features you do. QuickBooks has been adding AI features, inventory management, and project tracking. If you only need basic bookkeeping and VAT returns, you are paying for a lot of capability you never touch.

Inflation is real, but not this real. UK CPI has been running at 3-4% over the past year. A 47% increase on the Plus plan is not an inflation adjustment — it is a repricing.

What Are Your Actual Options?

If the January increase has you reconsidering your software, here is an honest look at the alternatives available to UK businesses right now.

Stay on QuickBooks but Downgrade

Before switching entirely, check whether a lower QuickBooks tier would work. If you are on Plus but do not use project tracking or inventory, Essentials at £28 a month might cover what you need. It is the least disruptive option, even if it feels like rewarding the behaviour.

Switch to Another Established Platform

The main alternatives each have trade-offs:

Software Monthly price MTD for VAT Bank feeds Best for
QuickBooks Essentials £28/month Yes Yes Staying put with less friction
Xero Grow £37/month Yes Yes Accountant-managed businesses
FreeAgent £19/month (or free via NatWest/RBS) Yes Yes Freelancers and sole directors
Sage Accounting £16/month Yes Yes Businesses wanting a UK-headquartered provider
Wave Free No (US-focused) Limited Very basic needs, not ideal for UK compliance
AccountsOS Free (Early Access), then £9/month In progress CSV import Solo directors wanting AI-first bookkeeping

A few notes on each:

Xero is the most common destination for QuickBooks migrants, and your accountant likely already supports it. But Xero has its own history of price increases — the September 2025 rise pushed most plans up 10-17%. You may be trading one escalator for another.

FreeAgent is genuinely free if you bank with NatWest, RBS, or Mettle. For sole directors and freelancers, this is hard to beat. The interface is showing its age and it lacks some of the depth of QuickBooks or Xero, but for straightforward limited company accounting, it does the job.

Sage Accounting starts at £16 a month and has strong UK roots. It handles VAT and payroll well, though the user experience can feel more traditional than the cloud-native alternatives.

Wave is free and works well for very basic invoicing and bookkeeping, but it is US-focused and does not handle UK VAT returns or Making Tax Digital compliance. Not a realistic option if you need HMRC integration.

AccountsOS is a newer option built specifically for UK limited company directors. Full disclosure — I built it, so take this with appropriate scepticism. It is free during Early Access and will be £9 a month for early adopters. The approach is different: you chat with your books in plain English, upload receipts, and get proactive alerts about deadlines and tax savings. It does not yet have direct bank feeds (you import CSV statements), and MTD submission is still being built. It is best suited for solo directors who want something simpler and AI-native, and who are comfortable being early adopters.

Consider Whether You Need Software at All

If your business is simple — a few clients, modest expenses, quarterly VAT — a well-maintained spreadsheet and a good accountant might actually serve you better than any subscription. HMRC does not require you to use commercial software for corporation tax (though MTD for VAT does require compatible software or bridging software).

This is not the right choice for everyone, but it is worth at least asking the question before signing up for another monthly subscription.

How to Switch Without Losing Your Data

If you do decide to leave QuickBooks, here is a practical checklist:

  1. Export everything first. Download your chart of accounts, transaction list, customer and supplier lists, and any reports you rely on. QuickBooks lets you export most data as CSV files.

  2. Time it with your VAT quarter. Switching mid-quarter creates reconciliation headaches. Start the new software at the beginning of a VAT period if possible.

  3. Talk to your accountant. If you have one, let them know before you switch. They may have a preferred platform, or they may be able to help with the migration.

  4. Run both systems in parallel for a month. This sounds tedious, but it catches any data that did not migrate cleanly.

  5. Cancel auto-renewal. QuickBooks will continue billing until you explicitly cancel. Do not assume that signing up for something else stops the charges.

The Bigger Picture

The accounting software market has consolidated around a few large players, and all of them are raising prices. QuickBooks, Xero, and Sage between them dominate the UK small business market, and when all three increase prices in the same year, the options narrow.

This is partly why newer entrants — including AccountsOS, Coconut, Ember, and others — are finding an audience. Not because they are necessarily better across the board, but because they are starting from a different price point and a different set of assumptions about what small businesses actually need.

Whether you switch now or stay put, it is worth doing the arithmetic. Add up what you have paid over the past three years, project what the next three will cost at the current trajectory, and decide whether the value still justifies the price. For some businesses, it will. For others, January 2026 might be the push they needed.

Frequently Asked Questions

How much did QuickBooks increase UK prices in January 2026?

QuickBooks raised UK prices across all plans in January 2026. The biggest increase was on the Plus plan, which went from £34 to £50 per month — a 47% increase. Simple Start, Essentials, and Advanced all increased by approximately 17%. For long-term subscribers, cumulative increases over the past four years have reached as high as 75%.

Can I still use QuickBooks at the old price?

No. The new pricing applies to all subscribers, including existing customers. There is no legacy or grandfathered pricing available. Some users have reported that contacting QuickBooks support and threatening to cancel resulted in a short-term discount, but this is not guaranteed and any discount is typically temporary.

What is the cheapest QuickBooks alternative for UK limited companies?

FreeAgent is free if you bank with NatWest, RBS, or Mettle — making it the cheapest option that still handles UK VAT and MTD compliance. Sage Accounting starts at £16 per month. AccountsOS is free during its Early Access period and will be £9 per month for early adopters. Wave is free but does not support UK VAT returns, so it is not suitable for most UK businesses.

Should I switch accounting software mid-year?

It is possible but requires care. The best time to switch is at the start of a new VAT quarter or financial year to keep reporting clean. If you switch mid-year, export all transactions from your current software and import them into the new platform so your year-end accounts are complete. Running both systems in parallel for at least one month is recommended to catch any discrepancies.

quickbookspricingaccounting-softwarealternativesuk-business
Found this useful? Share it with other directors.
Share
Disclaimer: This article provides general information only and does not constitute financial or legal advice. Tax rules change frequently. For advice specific to your situation, consult a qualified accountant or contact HMRC directly.
P
Paul Gosnell
Founder & CEO

Entrepreneur and technologist building AI-powered tools for UK small businesses.

Let AI handle your accounting

Stop worrying about deadlines and compliance. AccountsOS automates your bookkeeping so you can focus on growing your business.

Get Started Free