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Financial IQ vs Xero, for UK companies that want the books done and the numbers explained.

Xero gives you accounting software. Financial IQ keeps the books for you every morning, shows what each decision does to your own tax, and includes the API so anything can connect.

Talk to us about switchingSee pricing
Why companies switch
Bookkeeping done for you every morning with Autopilot, so there's nothing to keep up with.
Your company and your own money in one place, so a dividend's tax is shown before you take it.
The API and MCP come with your plan. In Xero, connecting your own tools costs £5 a month plus VAT for each connection.

Feature by feature

Financial IQXero
Bookkeeping done for youAutopilot categorises and posts every dayYesIncluded with AutopilotSoftware only
Your personal finances alongside the companySalary, dividends, rent and your own tax in one viewYesBusiness accounting only
What a dividend does to your own taxBefore you take itYesRecords the dividend in the company books
API and MCPConnect your own tools and AI agentsYesIncluded in your plan£5 a month + VAT for each custom connection
VAT returns filed to HMRCYesYes
Bank feedsYesYes
Explains the numbers in plain EnglishGuides and a learning section in the appYesHelp centre for using Xero
Built for the UKYesUK onlyGlobal, localised for the UK
PricePlus VATBusiness Pro £19 / month. Autopilot £99 / month at the founding price.£18 to £70 a month across four tiers, before add-ons

Checked against Xero’s own pricing and developer pages on 2 October 2026. Spot something out of date? Tell us and we’ll correct it.

  1. 1
    Tell us how you use Xero

    A short call about your company, your apps and your year end.

  2. 2
    We move your books, free

    Free and done for you. Your opening balances, contacts and open invoices and bills come across, so you're working in Financial IQ the next day.

  3. 3
    Autopilot takes over

    Your feeds connect and the bookkeeping is done each morning from then on.

Questions people ask before switching

Can my accountant still work with me?

Yes. Invite them in, and they see the same books you do.

I rely on Xero apps. What happens to them?

Stripe, GoCardless, Shopify and Soldo connect directly. For anything else, the API and MCP are in your plan. In Xero, connecting your own tools is £5 a month plus VAT for each custom connection.

Is Xero ever the better choice?

If you hold stock, trade in several currencies or run a large payroll, Xero's depth there is hard to match today. It also has more than 1,000 apps, and many accountants already work in it every day.

Move from Xero and let Autopilot keep the books, starting this month.

Talk to us about switchingSee pricing