Making Tax Digital (MTD) Accountants in London and Across the UK
ABM Chartered Accountants helps sole traders, landlords, limited companies and VAT-registered businesses meet every Making Tax Digital (MTD) requirement. From HMRC-recognised software setup to quarterly updates and final declarations, our Canary Wharf team keeps your records accurate, compliant and penalty-free.
Making Tax Digital Support for UK Businesses
Making Tax Digital (MTD) is HMRC’s programme for replacing paper records and annual returns with digital record keeping and regular online submissions. MTD for VAT already applies to every VAT-registered business. MTD for Income Tax began on 6 April 2026 for sole traders and landlords with qualifying income above £50,000, and the threshold drops to £30,000 in April 2027 and £20,000 in April 2028.
Our ICAEW and ACCA qualified accountants assess which rules apply to you, migrate your records to compatible software, and manage every HMRC submission so nothing is missed.
Our Making Tax Digital Services
Whether you need a one-off MTD setup or fully managed quarterly filing, ABM Chartered Accountants covers each stage of compliance. Explore our core MTD services below or speak to our team.
MTD for VAT
Digital VAT record keeping, HMRC-compatible software and accurate quarterly VAT return submissions.
MTD for ITSA
Full MTD for Income Tax support for sole traders and landlords above the threshold.
MTD Readiness Assessment
We confirm whether MTD applies to you, when it starts and what changes.
Compatible Software Setup
Selection, configuration and bank feed integration for Xero, QuickBooks, Sage and FreeAgent.
Quarterly Updates
Preparation and submission of all four quarterly updates before each HMRC deadline.
Final Declaration
Year-end adjustments, reliefs and final declaration filed accurately by 31 January each year.
Why MTD Compliance Pays Off
Avoid HMRC penalties: Late quarterly updates and returns earn penalty points, and four points trigger a £200 fine. We file everything on time.
Real-time tax visibility: Digital records show your income, expenses and estimated tax liability throughout the year, not just at year end.
Fewer errors: Automated bank feeds and receipt capture remove manual entry mistakes that lead to enquiries and corrections.
Time back for your business: Four quarterly submissions plus a final declaration can consume days each year. We handle them for you.
Better planning: Accurate quarterly figures make tax-efficient decisions on salary, dividends and pension contributions far easier.
MTD Accountants Serving London and the UK
From our Canary Wharf office in London, ABM Chartered Accountants delivers cloud-based Making Tax Digital support to clients in Manchester, Birmingham, Leeds, Glasgow, Edinburgh, Bristol and every other UK region.
MTD Support for Every Sector
We help landlords, contractors, construction firms, healthcare professionals, solicitors, e-commerce sellers, hospitality businesses and fintech companies meet Making Tax Digital rules with software and processes suited to their industry.
Why Choose ABM Chartered Accountants for MTD
Qualified MTD Specialists
ICAEW and ACCA accredited accountants who have supported MTD for VAT since 2019 and MTD for Income Tax since launch.
Software Agnostic Advice
We work with Xero, QuickBooks, Sage and FreeAgent, so you get the platform that fits your business, not ours.
Deadline Driven Service
Every quarterly update, VAT return and final declaration is scheduled, prepared and submitted before the HMRC deadline.
How We Work
Initial Consultation
Set Up and Onboard
Ongoing Support
We provide regular reviews and proactive advice to keep your finances optimised and HMRC-compliant.
Get in Touch Today
Whether you need help with your tax return, payroll, VAT, or business advisory, our qualified UK accountants are ready to provide clear, practical guidance for your specific needs.
Book a Consultation
Fill in the form below and one of our expert accountants will contact you promptly to discuss your accounting and tax requirements.
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Making Tax Digital FAQs
Answers to the questions UK businesses, sole traders and landlords ask most often about Making Tax Digital (MTD) compliance.
Who needs to use Making Tax Digital?
All VAT-registered businesses must follow MTD for VAT. Sole traders and landlords with qualifying income over £50,000 joined MTD for Income Tax in April 2026, with lower thresholds following in 2027 and 2028.
What counts as qualifying income for MTD?
Qualifying income is your total gross income from self-employment and property before expenses. Employment income, dividends, pensions and savings interest are excluded when HMRC checks whether you meet the threshold.
What are the MTD quarterly update deadlines?
Quarterly updates are due on 7 August, 7 November, 7 February and 7 May each tax year. Your final declaration, which replaces the Self Assessment return, is due by 31 January.
Can I still use spreadsheets under MTD?
Yes, but only if bridging software digitally links your spreadsheet to HMRC. Most clients find cloud accounting software simpler, and we can recommend and configure the right option for you.
What are the penalties for missing MTD deadlines?
HMRC uses a points system. Each late submission earns a point and four points trigger a £200 penalty. No points apply to late quarterly updates in the 2026 to 2027 tax year.
Can ABM register and file for me?
Yes. As your authorised agent we register you with HMRC, set up compatible software, maintain your digital records and submit every quarterly update and final declaration on your behalf.