Xero vs MYOB: which suits your trade business? (October 2026)
Small to medium Australian businesses and their accountants.
Sole traders through to established businesses.
Side by side
| Xero | MYOB | |
|---|---|---|
| Starting price | from A$78 per month (promo 15.60 for first 3 months) (inc GST) | from A$99 per year (GST not confirmed) |
| Plans (A$) | Ignite: Not yet verified per month Grow: A$78 per month (promo 15.60 for first 3 months) Comprehensive: A$107 per month (promo 21.40 for first 3 months) Ultimate 10: A$143 per month Ultimate 20: A$180 per month Ultimate 50: A$250 per month | Solo: A$99 per year Business Lite: A$315 per year Business Pro: A$70 per month AccountRight Plus: A$165 per month Payroll Only: A$15 per month Payroll add-on (Lite/Pro): A$3 per employee per month |
| GST | inc GST ('Prices are in AUD and include GST') | Not confirmed |
| Free plan | No | No |
| AU support | Not confirmed | Yes |
| Integrations | Not listed | Not listed |
| Best for | Small to medium Australian businesses and their accountants. | Sole traders through to established businesses. |
| Checked | 2026-10-16 | 2026-10-16 |
Strengths and weaknesses
Xero
Strengths
- Prices inc GST
- Track GST and lodge BAS
- Huge app ecosystem
Weaknesses
- Ignite has invoice limits
- Payroll and some features cost more on higher plans
Grow A$78/month comes from the official xero.com/au/pricing-plans/update/ page (via search index; the plan pages render prices by script). Ignite remains null: no official page text with its price was retrieved (third-party sources say A$37, which isn't accepted here). All prices inc GST per the official page.
MYOB
Strengths
- Solo app built for sole traders
- Built-in AI features and AI BAS on Lite/Pro
- 14-day free trial on Pro
Weaknesses
- Headline prices are promos; check the after-offer price
- Payroll costs an extra A$3/month per employee
All prices are the after-offer standard prices. per_month_equiv and per_year_equiv are my arithmetic, not MYOB's figures. GST: the official pricing page doesn't say whether prices are inc or ex GST, so this stays null (a third-party review says inc GST, which isn't accepted here). Lite's monthly price isn't shown on the official page.
FAQ
Are Xero prices inc GST?
Yes, AU prices include GST.
Can Xero lodge BAS?
Yes, every listed plan includes tracking GST and lodging BAS.
What does MYOB cost for a sole trader?
Solo is A$99/year after a first-year offer of A$12.
Does MYOB do BAS?
Lite and Pro track GST and lodge BAS (AI BAS).
Some links may be affiliate links; always labelled. Disclosure. Prices checked: 2026-10-16 / 2026-10-16.