Making Tax Digital (MTD) for Income Tax is a UK government initiative that’s changing how sole traders and landlords report their income tax. Instead of doing one big Self Assessment tax return each year, you’ll:
Keep digital records: Use software like MTD 4 Subbies to track your income and expenses digitally as you go
Send quarterly updates: You’ll send a simple summary of your income and expenses to HMRC four times a year, directly from your software. Think of them as quick financial check-ins, not full tax returns
Submit a final tax return: Once a year, you’ll finalise your tax position with one final declaration, replacing your current annual income tax return
We're building a simpler way for UK CIS subcontractors to track income, expenses and stay ready for Making Tax Digital.
Register your interest today and we'll let you know as soon as launch dates and early access become available.
