MTD for Income Tax

We are HMRC-recognised for developing MTD for Income Tax software.

The key requirement for all businesses falling within the MTD for Income Tax regime will be to keep records digitally, make quarterly submissions and complete an annual tax declaration.

HMRCs current MTD timeline requires all self-employed individuals and property landlords with turnover exceeding £50,000 to join MTD for Income Tax with effect from 6 April 2026.

What's TaxCalc doing to support accountants?

We are actively working on new solutions, as recognised by HMRC, as well as evolving our existing ones to make the transition into MTD for Income Tax as seamless as possible.

MTD Quarterly Filer is our new MTD for Income Tax bridging solution and allows our customers to submit quarterly submissions to HMRC. Those familiar with VAT Filer, our MTD for VAT bridging solution, will recognise the simplicity with which those submissions can be made.

Business Filer will be released publicly in advance of MTD mandation allowing any customers who wish to join the HMRC pilot to do so one year ahead of the digital start date in April 2026.

Although Business Filer can ingest data from any spreadsheet, we have produced our own templates for recording transactions and summarising totals as a starting point for anyone that needs them. The totals can then be imported using VAT Filer (for quarterly MTD for VAT submissions) and using MTD Quarterly Filer (for quarterly MTD for Income Tax submissions).

If you would like to download these sample spreadsheets then we have these available for free on our Knowledgebase site.

Supporting your full MTD for Income Tax cycle

As MTD for Income Tax will impact many areas of your practice, we have also evolved the other solutions in our suite to assist customers in preparing themselves for when MTD for Income Tax goes live in April 2026.

If you wish to discuss any of the solutions highlighted in the above then please do not hesitate to get in touch.