Making Tax Digital (MTD) for Income Tax

Making Tax Digital for Income Tax (MTD ITSA) is changing how sole traders and landlords keep records and report income. Instead of one annual Self-Assessment, you’ll keep digital records and submit updates using compatible software. We make the move to MTD simple, organised and fully compliant, so you can get on with running your business.

Who MTD for Income Tax applies to

• Sole traders with business income
• Landlords with property income
• Individuals who will be required to keep digital records and submit updates via MTD compatible software

If you’re unsure whether MTD applies to you, we’ll assess your situation and advise on next steps.

What you’ll need for MTD

• MTD compatible software
• Digital records of income and expenses
• Quarterly updates
• An end of period statement (EOPS)
• A final declaration via the MTD route when required

We set everything up and manage the submission process from start to finish.

How we help

✔ Set up and software
We help you choose and configure MTD compatible software, connect bank feeds and establish a simple process for digital records.

✔ Digital record keeping alignment
We ensure your bookkeeping and digital records are maintained correctly throughout the year, so your MTD updates are accurate.

✔ Quarterly updates and year end submissions
We prepare and submit your quarterly updates and your end of year MTD statements, keeping everything compliant and on time.

Featured package: Sole Trader (VAT and MTD)

Starting at £115 + VAT per month

Ideal for VAT registered sole traders or anyone wanting all quarterly and annual submissions handled under one simple package.

Includes:

• Quarterly bookkeeping
• Quarterly VAT returns
• One year of Making Tax Digital submissions
• Annual accounts
• Self-Assessment tax return
• Annual review and tax planning meeting

Bookkeeping and VAT software is recharged at cost.

Not VAT registered or need a simpler MTD only package? We can tailor this for non-VAT sole traders and landlords.

Benefits of moving to MTD with Tucker Accountants

• A smooth transition to MTD
• Software choice and set up handled for you
• Clear digital record keeping
• No missed deadlines or compliance issues
• Quarterly visibility of your financial position
• Local support from a responsive, friendly team

MTD for landlords

Whether you own one property or several, we help you manage digital record keeping for rental income and allowable expenses, submit quarterly updates and handle end of year confirmations through the MTD route when required.

FAQs – Making Tax Digital for Income Tax

Do I need special software?
Yes. MTD requires compatible software. We help you choose and set up the best option for your situation.

Will you handle the quarterly submissions?
Yes. We complete and submit quarterly updates and the annual statements.

Can this integrate with my Self-Assessment?
Yes. Your MTD process is fully aligned with your annual Self-Assessment.

What if I’m not sure MTD applies to me yet?
We’ll review your circumstances and advise you clearly.