Making Tax Digital (MTD) Support for Businesses & Individuals
Making Tax Digital (MTD) is changing the way businesses and individuals manage their tax affairs. At Even Solutions Accountancy, we provide Making Tax Digital support to help businesses prepare with digital bookkeeping, MTD-compatible accounting software, quarterly submissions and updates, and ongoing HMRC compliance.
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Whether you're VAT registered, self-employed, or preparing for Making Tax Digital for Income Tax, we'll help you make the transition with confidence.
quarterly submissions made simple
keeping your business compliant throughout the year
Under Making Tax Digital, many businesses and sole traders will need to submit financial information to HMRC every quarter instead of relying solely on an annual tax return. Accurate bookkeeping plays a vital role in making these submissions straightforward and ensuring your records are always up to date.
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At Even Solutions Accountancy, we help businesses maintain accurate financial records, prepare quarterly updates, and stay compliant with HMRC requirements, giving you peace of mind throughout the year.
what is Making Tax Digital
HMRC’s Making Tax Digital (MTD) initiative is modernising UK tax processes for businesses. By simplifying tax compliance, MTD reduces errors and the associated costs and stress.
After launching MTD for VAT in 2019, regulations now extend to all VAT-registered businesses, including those under the VAT threshold as of April 1, 2022.
making tax digital for income tax
From April 2026, self-employed individuals and property landlords with gross income over £50,000 will need to keep digital records and submit quarterly updates to HMRC under Making Tax Digital for Income Tax. The income threshold will reduce to £30,000 from April 2027, bringing more businesses and individuals into the MTD system.
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The timetable for partnerships has not yet been confirmed, while Making Tax Digital for Corporation Tax is expected to follow at a later date. HMRC has indicated that further details will be announced as the programme continues to develop.
stay MTD compliant with the right software
Choosing the correct accounting software is crucial for meeting HMRC’s Making Tax Digital (MTD) requirements. We simplify this decision by recommending the best-fit software, like Xero or FreeAgent, that aligns with your business needs and MTD compliance.
Our team considers factors such as your industry, business size, and financial processes to suggest user-friendly, efficient software that helps you easily manage digital tax submissions. This ensures your business remains compliant while also benefiting from enhanced financial oversight and automation.
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expert guidance on MTD compliant record keeping
Keeping accurate digital records is a fundamental requirement under MTD, and we offer expert advice on how to manage this effectively. Our guidance covers best practices for recording transactions, managing receipts, and organising financial data digitally to prevent errors and reduce your administrative burden.
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By streamlining your record-keeping processes, you’ll not only remain compliant but also have well-organised financial information that makes it easier to monitor and analyse your business’s performance.
navigate MTD with confidence
Understanding Making Tax Digital can be complex, but our comprehensive training and resources make it straightforward. We provide tailored training sessions to ensure you and your team are comfortable using MTD-compliant software and understand all relevant tax obligations.
Additionally, we offer ongoing resources like guides and tips to keep you informed of any updates. This hands-on approach ensures your business stays up to date and confident in managing digital tax compliance, reducing the risk of penalties.
regular checks to keep ahead of MTD
Compliance doesn’t stop at initial setup; it requires ongoing attention. We conduct regular reviews of your practices to ensure continued adherence to MTD regulations. Our proactive monitoring identifies any potential issues early, allowing us to make necessary adjustments before they become problems.
This ongoing support not only keeps your business compliant but also helps optimise your financial processes, ensuring you are always prepared for any regulatory changes. With our reviews, you can feel secure that your MTD obligations are always being met.​
how our making tax digital process works
Whether you're preparing for MTD for VAT or Income Tax, we'll help you understand your responsibilities, choose the right software, and keep your business compliant with HMRC.
understand your MTD requirements
We explain how Making Tax Digital applies to your business and what you need to do.
recommend MTD accounting compatible software
We help you choose the cloud accounting software that best suits your business and day-to-day needs.
set up digital records
We help organise your bookkeeping and financial records to meet HMRC requirements.
provide training & support
We guide you through your software and answer any questions along the way.
prepare & submit quarterly updates
We help prepare and submit your quarterly updates accurately and on time.
keep you compliant
We provide ongoing support as MTD requirements continue to develop.
Our Making Tax Digital process is designed to help businesses stay compliant with HMRC while making digital tax reporting as simple as possible. With expert guidance, MTD-compatible software, digital bookkeeping support, and ongoing assistance, we'll help you stay organised and prepared for future tax changes.
why choose even solutions accountancy?
are you self employed earning over £50,000?
Making Tax Digital for the self employed
From April 2026, HMRC’s Making Tax Digital (MTD) rules will apply to many self-employed individuals and landlords earning over £50,000. This means moving away from the traditional yearly tax return and keeping digital records with quarterly submissions to HMRC.
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At Even Solutions Accountancy, we help self-employed individuals stay fully compliant with Making Tax Digital by managing bookkeeping, preparing quarterly submissions, and ensuring your records are accurate and up to date throughout the year.
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✅ Quarterly submissions handled for you
✅ Digital bookkeeping support and setup
✅ Ongoing tax and accounting guidance
✅ Real-time visibility over your finances
✅ Stress-free compliance with HMRC requirements
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Whether you’re a freelancer, contractor, consultant or sole trader, we make the transition to Making Tax Digital simple and straightforward. Preparing early gives you more time to become familiar with digital record keeping before the new HMRC requirements take effect.
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Speak to us about how we can support your business with MTD compliance and bookkeeping support.
Making Tax Digital FAQ
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what is making tax digital (MTD)?
Making Tax Digital (MTD) is a UK government initiative introduced by HMRC to modernise the tax system. It requires many businesses and individuals to keep digital financial records and submit tax information using compatible accounting software rather than traditional paper records or manual processes. The aim of MTD is to reduce errors, improve the accuracy of tax reporting, and make managing tax obligations simpler. As the initiative expands, more businesses, sole traders, and landlords will be required to comply with HMRC's digital reporting requirements.
who needs to comply with making tax digital?
Making Tax Digital currently applies to all VAT-registered businesses. From April 2026, many self-employed individuals and landlords with annual gross income over £50,000 will also be required to follow the new MTD for Income Tax rules. The income threshold is expected to reduce to £30,000 from April 2027. If you're unsure whether Making Tax Digital applies to you, we can review your circumstances and explain exactly what your responsibilities are.
what records do i need to keep under MTD?
Making Tax Digital requires businesses to maintain accurate digital records of their income, expenses, and other financial transactions. These records must be kept using compatible accounting software and be available for HMRC submissions when required. Keeping organised digital records not only helps you remain compliant but also provides a clearer picture of your business finances throughout the year.
do i need accounting software for making tax digital?
Yes. HMRC requires businesses affected by Making Tax Digital to use compatible accounting software to maintain digital records and submit tax information electronically. We can help you choose the right MTD-compatible software, including platforms such as Xero and FreeAgent, ensuring your business remains compliant while making your bookkeeping and financial reporting much easier to manage.
what are quarterly submissions?
Under Making Tax Digital for Income Tax, many self-employed individuals and landlords will need to submit summary updates of their income and expenses to HMRC every quarter instead of relying solely on an annual Self Assessment tax return. Quarterly submissions help keep your tax information up to date throughout the year, making tax reporting more accurate and reducing the pressure at year-end.
can you help me prepare for making tax digital?
Absolutely. We provide complete Making Tax Digital support, from recommending suitable accounting software and setting up digital record keeping to managing bookkeeping, preparing quarterly submissions, and providing ongoing compliance support. Our goal is to make the transition to Making Tax Digital as straightforward and stress-free as possible.
what happens if i don't comply with making tax digital?
Businesses and individuals who fail to meet Making Tax Digital requirements may face penalties from HMRC. Keeping accurate digital records, using compatible accounting software, and submitting information on time all help reduce the risk of non-compliance. We work proactively with our clients to ensure deadlines are met and HMRC requirements are followed correctly.
how can even solutions accountancy help with making tax digital?
At Even Solutions Accountancy, we provide practical support throughout every stage of Making Tax Digital. Whether you need help choosing accounting software, maintaining digital records, managing bookkeeping, or submitting information to HMRC, our experienced accountants are here to guide you. With ongoing advice, cloud accounting support, and proactive compliance monitoring, we'll help your business stay organised, compliant, and ready for future MTD changes.
ready for making tax digital?
Whether you're preparing for MTD for VAT or Making Tax Digital for Income Tax, we're here to help. From digital bookkeeping and cloud accounting software to quarterly submissions and ongoing compliance support, we'll make the transition straightforward and stress-free.
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speak to Making Tax Digital specialist
Get in touch for a free consultation or no-obligation chat and find out how we can help you.