MTD Income Tax – Managed Compliance for Sole Traders and Landlords
If you are a sole trader or landlord with qualifying income above the MTD threshold, you are required to keep digital records and submit quarterly updates to HMRC. We make sure your income and expenses are recorded accurately, your submissions are prepared correctly, and everything is filed on time – every quarter.
Understanding what counts as qualifying income, what expenses are allowable, and how to structure your records digitally can be more involved than it first appears. We guide you through it all, making sure your finances are tax-efficient and fully compliant with HMRC requirements.
If you have allowable business expenses – such as equipment, vehicle costs, professional fees, or use of home – we will make sure these are correctly accounted for in your quarterly updates and final declaration, helping to reduce your overall tax liability.
Tailored Advice for Your Circumstances
Whether you are a self-employed individual, a landlord with one property or several, or a combination of both, we tailor our MTD service to suit your situation. We regularly advise on matters such as allowable expense claims, income classification, record-keeping requirements, and the most tax-efficient approach for your business.
