File Taxes the Easy Way

Qualifying income is the total gross income (turnover or revenue) from your self-employment and property businesses combined (before any expenses).

No. While you'll need to submit quarterly updates and an End of Period Statement, your tax payment deadlines remain the same:

• 31 January for balancing payments and the first payment on account
• 31 July for the second payment on account

You must submit a summary of income and expenses for each business on a quarterly basis, no later than one month after the end of each quarter:

You must submit one EOPS per business after the end of the tax year, by 31 January following the tax year.

The Final Declaration replaces the traditional Self Assessment tax return and must also be submitted by 31 January following the end of the tax year.

HMRC is introducing a points-based penalty system:

• You get a point for each late submission
• Once you reach a threshold (e.g. 4 points for quarterly filers), you'll receive a £200 fine
• Late payments may also attract separate penalties and interest

Yes. You may be exempt if:

• It's not reasonably practical for you to use digital tools due to age, disability, or remote location
• You’re part of a religious society whose beliefs prevent you from using electronics. You must apply to HMRC for an exemption and get confirmation.

You can still use our bridging tool. You'll need to:

• Keep separate digital records for each business
• Submit a quarterly update and EOPS for each
• Submit a single Final Declaration that covers all your income sources

No. You can continue using spreadsheets as long as you use bridging software to digitally link your records and submit updates to HMRC.

Bridging software connects your spreadsheet to HMRC using formulas between our spreadsheet template and your digital records, allowing you to submit MTD-compliant updates without changing your current bookkeeping process.

You must send:

• Quarterly updates (summary of income and expenses)
• An End of Period Statement (EOPS) for each business
• A Final Declaration (replacing your Self Assessment tax return)

Yes. Our bridging software works with both Excel and Google Sheets, as long as your records are structured correctly.

Our product lets you download a spreadsheet template for each business or property submission required. These templates are linked to your digital records using formulas, meeting the HMRC legal definition of a digital link. After uploading the populated template, you can review and submit your figures to HMRC in a few clicks – without retyping anything.

A digital link means data must flow from your spreadsheet to the bridging tool without manual copying and pasting. Formulas that reference between two spreadsheets meet the legislation requirements.

Yes. You must sign up for MTD IT through your HMRC online account before submitting your first update.

You also need to enter your business or property details as part of this process before viewable in any software.

We offer simple, affordable pricing with plans for individuals, agents, and multiple businesses. View our pricing

Customers participating in the MTD testing phase will receive contact details for a dedicated Customer Support Team, available Monday to Friday, 8am to 6pm.

HMRC aims to resolve queries at first contact where possible. If further action is needed, they aim to respond within 2 working days and provide updates every 2 working days thereafter, if required.