Upload your bank statements: every transaction is read and categorized, and you can open the P&L, either way. The yearly plan keeps your books for the year from the statements you upload, month by month, ready at tax time. For one year, a past year or a short one, pay by the statement-month.
If a business reaches the room its plan has, MagicTax stops and asks — it never bills you on its own and never switches to a cheaper reader.
Paid from your balance, which holds only money you put in and is refundable. Anything you buy is kept until it is used — nothing expires.
Prices exclude sales tax where it applies.
A statement-month is one bank account's statement for one month: 3 accounts for a whole year are 3 × 12 = 36. Each step applies only to the months inside it, and each year starts again at the first step.
30% when the order is confirmed, the rest when you open the P&L. Magi answers 100 messages a day for each business with an order.