This increase, which will see sales break the $2bn barrier, will have an even bigger impact on the bottom line, and Intuit now forecasts that earnings per share will show an increase of 22% to 25%, compared with its previous estimate of a 15% to 20% rise.

CEO Steve Bennett said the company has just wrapped up a successful tax season, and said its QuickBooks financial software for small business and the rest of its portfolio continues to post strong results.