Hello there, Keith97.
I’d like to clarify your query regarding the payment for your current QuickBooks Online (QBO) Essentials subscription.
To begin with, yes, you still need to pay £38 + VAT with your QuickBooks Essential as it is subscription-based, and each resubscription includes a 20% VAT.
In addition, the £16 you mentioned is for QBO Simple Start, while the subscription for a Sole trader is £10. QBO Simple Start does not include the feature for managing bills; only QBO Essentials, Plus, and Advanced offer that functionality. This is why there is a price difference between QBO Simple Start and QBO Essentials.
To learn more about the plans, pricing, and their features, visit this page: https: //quickbooks.intuit.com/uk/pricing/.
If you have any further questions about QBO subscriptions, please feel free to reply in this thread.