Dabs is selling a one-year subscription to Microsoft Office 365 Home Premium office suite for £69.99; the license can be used on up to five devices (PC or Mac) which means that the price per device is as little as £14 per year (or just over £1 per month).

The package includes Word, Excel, Powerpoint, OneNote, Outlook and even Access. You get an extra 20GB of online storage in Skydrive per account plus 60 minutes of Skype calls each month to phones in more than 40 countries. The same package costs £79.99 at Microsoft or £7.99 when purchased on a monthly basis.

Microsoft adopted the subscription model for a number of reasons. It should help reduce piracy, updates are automatically pushed which keeps the application always up to date (hence why it is called Office 365 rather than Office 2013), renewals are done directly with Microsoft which cuts out the middleman and increases margins and the cost of that process is minimal (compared to having to ship boxes and maintaining stock control).

Check out our review of Microsoft's Office 3656 Home Premium here.