Making Tax Digital (MTD)

Effortless digital tax solutions for small businesses—stay compliant, save time, and focus on growth.

Making Tax Digital (MTD) is a government initiative that simplifies tax filing by requiring businesses to keep digital records and submit returns online.

Our mission is to make MTD stress-free for all by providing expert guidance, seamless digital solutions, and ongoing support—so you can focus on what you do best while staying compliant with ease.

Don't miss out - when will it impact you?

  • April 2022 – All VAT-registered businesses, regardless of turnover, are required to comply with Making Tax Digital (MTD) for VAT. This means they must keep digital records and submit VAT returns using MTD-compatible software.

  • April 2026 – Sole traders and landlords with annual business or property income exceeding £50,000 must comply with MTD for Income Tax Self-Assessment (ITSA). They will need to maintain digital records and submit quarterly updates to HMRC through approved software.

  • April 2027 – The MTD for ITSA requirement will extend to sole traders and landlords earning over £30,000 annually, following the same digital record-keeping and reporting obligations.

4 steps to success - How does MTD work

  • Step 1

    Businesses, sole traders, and landlords must maintain digital records of their income and expenses using MTD-compatible software. This eliminates paper-based record-keeping and ensures accurate financial data.

  • Step 2

    Taxpayers must use HMRC-approved software to manage records and submit updates. This software connects directly to HMRC, ensuring compliance and streamlining submissions.

  • Step 3

    Instead of an annual tax return, taxpayers must send quarterly summaries of income and expenses to HMRC. These updates help businesses track their tax liabilities throughout the year.

  • Step 4

    At the end of the tax year, a final declaration (formerly the Self-Assessment tax return) confirms income and allows for adjustments before the final tax bill is calculated. This ensures all tax obligations are met.

Services

How can we help

  • We conduct a thorough assessment of your current tax processes, identify areas for improvement, and ensure you're fully prepared for MTD compliance.

    Our experts will guide you in selecting the most appropriate HMRC-approved software based on your business structure, reporting needs, and budget.

    We also provide advice on setting up digital record-keeping to ensure a smooth transition.

  • We offer ongoing support to help you manage MTD requirements with ease.

    Our team assists with the setup of your chosen software, troubleshooting any technical issues, and ensuring your data is correctly entered.

    We also provide timely reminders for quarterly submissions, ensuring you never miss a deadline.

  • By streamlining your tax processes and utilising digital tools, we help you reduce manual administrative work, minimise errors, and avoid costly penalties.

    Our expertise ensures your operations are more efficient, giving you more time to focus on growing your business while remaining fully compliant with HMRC regulations.