One of the first questions people ask when preparing for Making Tax Digital is which accounting software they should use.
HMRC requires taxpayers within MTD to keep digital records and submit updates using MTD compatible software.
Selecting the right system can make the process much easier.
What should MTD software do?
The right software should allow you to:
- keep digital records of income and expenses
- send quarterly updates to HMRC
- store financial information securely
- monitor profits throughout the year.
Many systems also connect directly to your bank account, which simplifies bookkeeping.
Popular software for landlords and sole traders
Several accounting platforms support Making Tax Digital, including:
The best option depends on your business structure and the complexity of your records.
Why choosing the right setup matters
Using the wrong system or setting it up incorrectly can cause problems later when submitting updates to HMRC.
Getting advice early can help ensure your records and software meet MTD requirements.
Our team can help you select and implement the right system for your situation.
Watch our video or request your free MTD readiness check
We have created a short video explaining Making Tax Digital for sole traders in simple terms.
You can also request a free MTD readiness check to see whether your business is prepared.
If you would prefer to discuss your situation directly, please contact the UHY Ross Brooke team.
How ready are you for MTD?
Request a free MTD readiness check
Free MTD readiness call
We offer landlords and self-employed a free 15-minute Making Tax Digital readiness call.
This call will confirm:
- whether Making Tax Digital applies to you
- what you need to do next
- when you need to be ready
There is no obligation, so book your free call.
Complete the form or call us directly on 01635 555 666.
Independent advice. Clear next steps. No impact on your letting arrangements.
