Making Tax Digital
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accountants who make a difference
Making Tax Digital (MTD) will affect most businesses by changing how business records are kept and how tax information is sent to HMRC.
We make Making Tax Digital (MTD) compliance a breeze. The UK government’s MTD initiative means businesses and individuals need to keep digital records and submit tax returns using compatible software. Whether you're a sole trader, landlord, or a VAT-registered business, we're here to make your transition as smooth as possible.
Who Needs to Comply with MTD?
- VAT-registered businesses with a taxable turnover above £85,000 must use MTD-compatible software for VAT submissions.
- Starting April 2026, self-employed individuals and landlords with an income over £50,000 will need to follow MTD for Income Tax Self-Assessment (ITSA).
- From April 2027, this threshold will lower to £30,000.
How We Help
We provide a comprehensive range of MTD-compliant services, including:
Software Setup & Integration – We assist you in selecting and setting up HMRC-approved software like Xero, QuickBooks, or Sage.
Digital Record-Keeping – We ensure your financial data is accurate, compliant, and securely stored.
Quarterly Tax Submissions – We help you meet HMRC’s deadlines, avoiding penalties.
Ongoing Support – Our team offers expert advice to keep your business tax-efficient.
Why Choose Us?
With extensive experience in UK tax and accountancy, we provide reliable and personalised support. We help businesses and individuals stay compliant while focusing on what they do best.
Reach out to us today for expert MTD assistance and ensure a seamless transition to digital tax compliance.
Corporation tax
Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.
We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are complaint and that you don’t incur any penalties.
Self assessment
Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
Capital gains tax
You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.
Personal tax planning
Simply Accounts & Tax can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.