As a small, friendly accountancy practice, we work closely with sole traders and landlords who want clear advice and practical support.
Making Tax Digital (MTD) for Income Tax is a significant change, but with the right systems and guidance in place it does not need to be complicated. We help clients understand what is required, set things up properly, and deal with HMRC on their behalf.
This page explains what MTD for Income Tax is, who it applies to, and how we can support you every step of the way.
Making Tax Digital for Income Tax (also known as MTD for Income Tax Self Assessment – ITSA) is an HMRC initiative designed to modernise the tax system.
Under MTD, taxpayers will:
The aim is to reduce errors, improve accuracy, and help taxpayers stay more up to date with their tax affairs.
MTD for Income Tax will apply to:
If you have multiple businesses or rental properties, the income is added together to determine whether you meet the threshold.
HMRC has confirmed that other groups, such as general partnerships, will be brought into MTD at a later date.
Instead of reporting everything once a year, you will submit four quarterly updates during the tax year.
These updates:
Typical quarterly periods are:
After the end of the tax year, we will prepare an End of Period Statement for each business or property source.
This is where we:
You will still submit a Final Declaration each year to HMRC.
This includes:
This replaces the traditional Self Assessment tax return.
You will need to keep records of income and expenses in:
Paper-only records will no longer meet HMRC requirements.
MTD requires the use of HMRC-approved software.
Depending on your circumstances, this may include:
We’ll take care of choosing and setting up the software that works for you and your business.
You will not pay tax quarterly under MTD (for now)
Existing tax payment deadlines remain the same
Our Service - We'll take care of everything from software to submission
As a small practice, we offer a personal, hands-on service rather than a one-size-fits-all approach.
We support our clients with:
You will deal with people who understand your business and are easy to contact when you need help.
If you are unsure whether MTD for Income Tax will affect you, or you want to prepare well in advance, we recommend speaking to us as early as possible.
Early planning helps:
If you are a sole trader or landlord looking for clear advice and a personal service, we would be happy to help.
Whether you are new to MTD for Income Tax or want an accountant to manage the process for you, we will explain everything in plain English and take care of the compliance.
This information is for general guidance only and does not constitute tax advice. Tax rules and HMRC guidance may change, and individual circumstances will vary.