Making Tax Digital accountancy services
Making Tax Digital accountant support for freelancers, small business owners, consultants and landlords.
MTD Income Tax packages
MTD Income Tax isn’t just a software problem. Your records need to be right before the updates go to HMRC.
Choose the level of support that fits how much you want to handle yourself. You can keep your own FreeAgent or Xero records, have your quarterly figures reviewed before submission, or hand over the bookkeeping and MTD submissions completely.
Making Tax Digital and Landlord accounting
Keeping your business compliant so you can focus on the better things in life.
Making Tax Digital Essentials
For clients who are comfortable keeping their own records and submitting their own quarterly MTD updates.
From £100 per quarter
Making Tax Digital Review
For clients who keep their own records but want reassurance before anything is submitted.
From £150 per quarter
For clients who want everything dealt with.
From £250 per quarter
Fully Managed Making Tax Digital
Making Tax Digital Essentials
MTD support if you manage your own bookkeeping
From £100 per quarter
For freelancers, landlords, sole traders and small business owners with simple FreeAgent or Xero records who want set-up support, deadline reminders and year-end Self Assessment submission.
Includes:
MTD set-up support
FreeAgent or Xero set-up check
Quarterly deadline reminders
Light support during the year
End-of-year Self Assessment submission.
You remain responsible for keeping your records up to date and submitting your own quarterly MTD updates.
Making Tax Digital Review and year-end
Quarterly MTD updates checked before submission
From £150 per quarter
For freelancers, consultants, landlords and sole traders who keep their own FreeAgent or Xero records but want an accountant to review the quarterly figures before they go to HMRC.
Includes:
Review of the four quarterly MTD updates
Checks for obvious errors, missing income and miscoding
Quarterly query list where needed
Submission or review support for quarterly updates
End-of-year Self Assessment submission
This is the sensible middle option if you’re happy doing the bookkeeping but don’t want to handle MTD completely on your own.
Fully Managed Making Tax Digital
Bookkeeping and quarterly MTD submissions handled for you
From £250 per quarter
For busy freelancers, consultants, tradespeople, landlords and small business owners who want the bookkeeping and MTD submissions taken off their hands.
Includes:
Bookkeeping in FreeAgent or Xero
Bank reconciliation
Quarterly MTD submissions
Review of income and expenses
End-of-year Self Assessment submission
This is the most hands-off option if your time is better spent running the business, working with clients or managing properties.
Which MTD Income Tax package is right for you?
Choose MTD essentials if your records are simple, you’re confident using FreeAgent or Xero, and you mainly want set-up support, reminders and year-end Self Assessment.
Choose MTD review and year-end if you keep your own records but want an accountant to check the quarterly figures before they go to HMRC.
Choose fully managed MTD if you want the bookkeeping, bank reconciliation and quarterly MTD submissions handled for you.
If you’re not sure which package fits, get in touch, and I’ll point you in the right direction.
Making Tax Digital
frequently asked questions
What is MTD Income Tax?
MTD Income Tax is short for Making Tax Digital for Income Tax.
It changes how many people who file a Self Assessment tax return report their income to HMRC.
Instead of keeping records however you like and dealing with everything once a year, you’ll need to keep digital records and send quarterly updates using compatible software.
You’ll still need an end-of-year Self Assessment submission.
Does MTD Income Tax apply to freelancers?
Yes, MTD Income Tax can apply to freelancers if their qualifying income is above the relevant threshold.
Qualifying income includes income from self-employment and property.
If you freelance alongside employment, your employment income does not count towards the MTD qualifying income threshold, but your freelance income may.
Does MTD Income Tax apply to landlords?
Yes, MTD Income Tax can apply to landlords.
Property income counts towards qualifying income for MTD.
If you have both self-employed income and rental income, HMRC looks at the combined qualifying income when deciding whether MTD applies.
Does MTD Income Tax apply to consultants?
Yes, consultants can be included if they earn self-employed income and meet the qualifying income threshold. This can include independent consultants, contractors, advisers and other people who report consulting income through Self Assessment.
Do I need MTD Income Tax if I already use FreeAgent or Xero?
Using FreeAgent or Xero is a good start, but it does not automatically mean you are ready for MTD Income Tax.
Your software needs to be set up correctly, your bank feeds need to be working, and your income and costs need to be recorded in the right areas.
The software can help with the process, but it cannot judge whether every figure is correct