Price changes for Malgra services: April 2021

Key Changes – Summarised

– From 1 April 2021, Malgra Plus will increase to £44 per membership year (currently £36)
– Current Malgra Plus memberships will not be charged this increased fee until their membership renews. Check your membership expiry date here
– Malgra Plus will now include a free copy of our printed Mileage Tracker, per membership year (order here)
– Malgra Plus is being adapted for HMRC’s MTD Service and is expected to work directly with the system, sending your returns electronically
– Our new 2021/22 spreadsheet is due for release in March 2021, with new features and reporting tools, including preparation for MTD
– We’re looking at new features over the coming year, including scoping SA100 Tax Return submission and VAT support

Dear members,

The last 12 months have been totally different than anyone could ever imagine, and we’re proud to have helped support more consultants than ever before to contend with the changes, especially with respect to their business administration and records.

In the background, we’ve enhanced our systems to support the increase in the number of visitors to our website, and now host over 650 cloud spreadsheets, running on our dedicated platform, powered by Microsoft Azure. Our spreadsheet training webinars which began in April 2020 have been attended by nearly 900 consultants. We’ve added more support articles (to help try and explain what happened on your virtual group account viewer!!) and expanded our team to provide even more assistance to members.

Every year in February, we review our pricing structure to ensure that as a company, we can not only balance the books, but also invest in new services and products to support our growing community.

With upcoming changes to the Self Assessment Tax Return in the form of Making Tax Digital (MTD), we’re developing a powerful system to report direct to HMRC, reducing the additional administration on self employed individuals. HMRC estimate MTD alone (i.e. not the admin, record keeping or tax return submission, etc) will cost small businesses around £270 per year, with some industry experts thinking much higher – we’re aiming to keep costs far below this amount to keep services affordable for all.

Malgra Plus will increase from £36 (£30 + £6 VAT) to £44 (£36.67 + £7.33) which is an increase of £8.

We’re also including two key new benefits for Malgra Plus members, with the addition of preparation for the HMRC MTD Service (more info to follow) and also a complimentary copy of our hard copy Mileage Tracker (order your copy here) to keep in your car – perfect for the new financial year, and for keeping track of your mileage as groups begin to reopen.

Our brand new spreadsheet is also due to be released in mid-March, watch out for invites to our new webinars shortly!

We’ve some further exciting plans around SA100 Tax Return submission, VAT support and much more – all part of a wider roadmap through to 2022.

We’d like to thank all of our members and clients for their support over the past year, and look forward to a brighter and happier 2021.

Best wishes

Steve and the Malgra Team

Below is our current pricing list as of 1 April 2021. services

We are increasing the price of Malgra Plus membership due to increased server and service development costs.

Product/ServiceCurrent PricePrice Change
Malgra Accounting Books (printed)*1£29.99No change
Malgra Mileage Tracker*1£4.99Complimentary copy for Malgra Plus Members, £4.99 Non-members
Malgra Plus Membership
(Annual Fee)*2
(£30 + £6 VAT)
(£36.67 + £7.33 VAT)

*1 Nb: VAT is not charged on printed accounting books or mileage trackers under HMRC exemption within VAT Notice 701/10. One copy of the Mileage Tracker will be included in all Malgra Plus memberships from 7 February 2021.

*2 Malgra Plus is a membership fee and covers the relevant duration of the membership as shown. The Annual Fee is a one off payment for the year, the new price applies from the renewal of your package. You can check the renewal date of your package within Your Account.

MalgraBooks Services

There are no changes to MalgraBooks Service pricing.

Product/ServiceCurrent PricePrice Change
MalgraBooks EssentialsDiscontinued Service from 5 April 2021N/a
MalgraBooks Standard*3£210
(£175 + £35 VAT) 
No change
MalgraBooks Premium£270
(£225 + £45 VAT) 
No change

*3 This service is expected to be phased out after the 2021/22 Financial Year due to the introduction of Making Tax Digital services and the additional tasks/requirements within each quarter. Existing MalgraBooks Standard clients will continue to be supported on this legacy plan until 2022/23 financial year.