Business owner reviewing Making Tax Digital records with I Sumar & Co

Making Tax Digital - Fully Compliant, Fully Set Up

Making Tax Digital services for businesses, landlords and sole traders across the UK. We get you onto compatible software, keep your records digital, and file directly to HMRC - so MTD is one less thing on your plate.

Making Tax Digital is HMRC's long-running push to bring all of UK tax reporting online - digital records, compatible software and direct filing replacing the old spreadsheets and paper. It started with VAT and is expanding to other taxes over time. The rules are not optional, but with the right setup they are not difficult either. I Sumar & Co get you fully set up for MTD and keep you compliant as the requirements expand. As specialist accountants, we make sure you are ready for every stage.

What Our MTD Service Includes

Reviewing your current setup and identifying what MTD applies to you
Choosing the right MTD-compatible software for your business
Setting up Xero, QuickBooks, FreeAgent or Sage as appropriate
Migrating your records into digital form
Training you to use the parts of the software you need
Submitting MTD returns directly to HMRC on your behalf
Keeping you compliant as MTD expands to further taxes
Dealing with HMRC if any questions arise

Does Making Tax Digital Apply to Me?

MTD for VAT already applies to all VAT-registered businesses. MTD for Income Tax Self Assessment (MTD for ITSA) is being rolled out for self-employed individuals and landlords above set income thresholds, in phases - with further extensions planned. The simplest way to know what applies to you now, and what will apply later, is to ask. We will tell you exactly where you stand and what to do about it. Current scope, thresholds and rollout dates are published at gov.uk.

Making Tax Digital - Frequently Asked Questions

Making Tax Digital is HMRC's programme to move UK tax reporting fully online. It requires you to keep digital records and file returns using compatible software, rather than on paper or by typing into the HMRC website manually. It started with VAT and is expanding to Income Tax Self Assessment in phases.
You need software that is recognised by HMRC as MTD-compatible. Xero, QuickBooks, FreeAgent and Sage all are, and we are certified partners with each. We will recommend the right one for your business and set it up.
MTD for Income Tax Self Assessment is being rolled out in phases by income level. The thresholds and timing are set by HMRC and have shifted over time, so the most reliable answer is to ask us - we will tell you exactly when it applies to you and what to do.