Making Tax Digital
MTD is here. I can help you get ready and guide you through the process.
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Understand your requirements – I'll explain exactly what MTD means for your business in plain English.
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Software setup & training – Xero or another platform, configured correctly from the start.
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Quarterly submissions – I can handle them for you, or guide you through them yourself.
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Ongoing compliance – Support as MTD requirements evolve, so you're never caught off guard.
Making Tax Digital FAQs
HMRC can charge penalties for late or missing quarterly updates. . It's also a compliance requirement – you could face further action if you consistently don't comply.
Can I still use spreadsheets?
Yes you can but it will still need to be formatted for use in a third party software to be uploaded digitally to HMRC.
How much does MTD-compliant software cost?
What if I miss a quarterly deadline?
There are many software providers, whose fees vary. I would be happy to look at your individual circumstances and help you choose a software that suits you.
Do landlords need MTD?
Yes, if your rental income is over £50,000 then you will be required to join MTD from April 2026. The same MTD requirements apply – digital record-keeping and quarterly submissions. I can help landlords just as I help the self-employed.
HMRC allows a one-month grace period after each quarterly deadline. If you miss that, then a penalties point system applies. If you're working with me, I make sure we never miss deadlines – I track them and submit well in advance.
Yes. MTD quarterly submissions are required regardless of whether you have an accountant. However, I can submit them on your behalf – you don't have to do it yourself.
Can you help me if I've already started MTD but it's a mess?
Absolutely. I can review what you've done, correct any errors, get your records in order, and take over submissions going forward. Many people start MTD themselves then realise they need help – that's completely normal.
When does MTD start for me?
It depends on your income thresholds. If you are unsure give me a call and I can talk you through it.
What's the difference between quarterly updates and my tax return?
Quarterly updates are summary reports of your income and expenses sent to HMRC four times a year. Your tax return is still required annually and calculates your actual tax liability. Think of quarterly updates as keeping HMRC informed throughout the year, and the tax return as the final calculation.