07/05/2026
MTD ALERT!!!
From 6 April 2026, sole traders with income over £50,000 will need to submit quarterly returns. From 6 April 2027, this will extend to sole traders with turnover over £30,000.
I know many tradies and subbies are finding the move to digital record-keeping and filing a bit daunting, but I’m here to make the whole process as simple and stress-free as possible. My experience so far using MTD with FreeAgent has been very positive and pain-free. Once the initial transition is done, I’m confident it’ll become a much easier way to prepare and file accounts — and a great way to stay on top of your finances too.
There’s plenty of software on the market, but FreeAgent is my first choice and the software I recommend to my clients. If you have the right bank account, it can even be free — although cheapest isn’t always best! I’ve used a wide range of accounting software over the years, and I genuinely rate FreeAgent highly. It’s straightforward, easy to use, logical, and backed by excellent support.
If you’d like more information about Making Tax Digital (MTD) or your Self Assessment, feel free to get in touch for a chat!
