02/08/2025
Our comprehensive accounting packages are designed to ensure you meet HMRC’s Making Tax Digital (MTD) requirements. We partner with leading software providers like Xero and FreeAgent to provide a complete solution, including software subscriptions and all quarterly and annual submissions.
Requirements of MTD for Income Tax (> £50,000 per year)
Before April 2026:
--1 annual submission
--Paper filings by 31st Oct
--Online filings by 31st Jan
--Fine to keep paper records
After April 2026:
--4 quarterly submissions per business
--1 annual final declaration submission per individual
--Filing via MTD-compliant software
--Keeping digital records
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