Making Tax Digital
Making Tax Digital for Income Tax (MTD ITSA) Accountant
Making Tax Digital for Income Tax is here for sole traders and landlords. We set it up, keep your records right and handle the updates, so you don't have to learn HMRC's new rules.
Why Use An Accountant
Why sole traders and landlords need an accountant for MTD
MTD for Income Tax changes how you keep records and report to HMRC. If you are used to one tax return a year, this feels like a big shift. With the right set-up it can be simpler, and you will always know where your income and tax stand.
We have been doing real-time, in-year accounting for years, so this is familiar ground for us. We make it feel like business as usual.
Who It Affects
How MTD for Income Tax applies
MTD for Income Tax (often called MTD ITSA) applies to sole traders and landlords based on qualifying income, meaning your gross income from self-employment and property. The thresholds are:
- From April 2026: over £50,000 (the £50,000 threshold)
- From April 2027: over £30,000 (the April 2027 £30,000 threshold)
- From April 2028: over £20,000
What changes in practice
Under MTD you keep digital records using compatible software, send HMRC regular updates through the year, and complete a final declaration at the end. It replaces the old once-a-year approach for those in scope. It applies to individuals, not limited companies.
Not sure whether you are in scope yet, or when? Give us a call and we will talk it through.
What We Do
How we get you MTD-ready
Xero set-up
Your records built in Xero, our software of choice, so you are MTD-ready.
Dext Solo for landlords
Easy receipt and record capture. See Dext Solo and Xero.
Regular updates handled
We take care of the digital updates to HMRC, so you can focus on your work.
Year-end and tax return
Your final declaration and self-assessment sorted for you.
Threshold check
We confirm if and when MTD applies to you.
Unlimited advice
Questions answered as they come up.
Fixed fee, and switching is easy
One fixed monthly fee, unlimited advice, no surprise bills. A typical sole trader is from about £50 a month. See what it would cost or call us.
Switching mid-year is easy. You do not have to wait for the year to end. We handle the handover, and your records move across smoothly.
Why Figures UK
Rated 4.9/5 from 47 reviews
- 15+ years' experience, since October 2007
- 200+ clients
- A team of 6, all Xero-certified, AAT-qualified, AML-trained and Dext-certified
- Offices in Peterborough and Market Deeping
- No jargon. If we use a term, we explain it.
Common Questions
MTD for Income Tax FAQs
What is Making Tax Digital for Income Tax?
It is HMRC's digital system for Income Tax. In scope sole traders and landlords keep digital records, send regular updates and make a final declaration, instead of a single annual return.
Who has to follow MTD for Income Tax?
It is based on your gross income from self-employment and property: over £50,000 from April 2026, over £30,000 from April 2027 and over £20,000 from April 2028.
Does it apply to limited companies?
No. It applies to individuals, such as sole traders and landlords.
What software do I need?
We use Xero exclusively, and Dext Solo for MTD landlords. We set it up and show you how it works.
How much will it cost?
Our fixed monthly fee includes unlimited advice and no surprise bills. A typical sole trader is from about £50 a month. Use our fee calculator for an estimate.
Can I switch to you mid-year?
Yes, and we handle the handover.
Don't wait until it is urgent.
Get In Touch
Get In Touch With Us
Want a fixed monthly quote or a quick chat about switching accountants? Send us a message — we'll reply with clear next steps.
Worried about switching? Don't be.
You can move to Figures UK at any point in the year — no need to wait for year end. We handle the entire handover, including moving your records and transferring everything to HMRC, so the switch is seamless and stress-free for you.