Making Tax Digital Accountants
Starting in 2026, any self-employed business, sole trader, or landlord with an income over £50,000 will be required to comply with MTD rules. Those earning over £30,000 will follow suit from April 2027, with timelines for other small businesses to be reviewed in the future.
We won’t sugarcoat it—this will mean a lot more work. But don’t worry; MyTaxDoc is here to handle it all for you.
Will I Still Be Able to Submit My Self-Assessment Tax Return Direct to the HMRC Website?
Under the new rules, you will no longer be able to submit your self-assessment tax return directly through the HMRC website, as is currently the case. Instead, you’ll need to use HMRC-approved software or engage an accountant who can manage that for you.
To add to the changes, manual record-keeping will also be a thing of the past. Every transaction related to your business or self-employment must be recorded and submitted digitally, in a specific format approved by HMRC. Yikes!
Is MyTaxDoc Making Tax Digital Compliant?
Absolutely! We use software that complies with Making Tax Digital. If you’d rather avoid the hassle of setting up a new digital system, contact us today to see how we can ensure your accounts are compliant with MTD.
At MyTaxDoc, we are perfectly positioned to handle all this new tax administration for you. In fact, we’ve been operating this way since 2006!
What does this mean in practical terms? If you prefer to send us a purple envelope full of paper receipts each month, we can digitise, manage, and submit your MTD reports to HMRC without you having to lift a finger.
And if you love working digitally, our custom-made software is fully MTD compliant.
Rest assured, no matter how you prefer to work, MyTaxDoc has a subscription that will suit your needs.
Stress-Free MTD Compliant Accountancy Service
At MyTaxDoc, we understand the challenges that come with running a small business. Our hassle-free, subscription-based accounting services are designed to alleviate some of that stress. We support start-ups, sole traders, small businesses, freelancers, and limited companies with their accounting and tax responsibilities, allowing you to focus on what you do best—running your business.
Ready to Transform Your Accounting Experience?
You entered your profession to pursue your passion, not to worry about taxes and compliance. Let’s start with a FREE discovery call. No obligation, just a chance to learn how much easier your financial management can be with MyTaxDoc.
