End of Period Statement Support and What Replaced It
If you are searching for end-of-period statement support, HMRC withdrew the EOPS before Making Tax Digital for Income Tax went live. Its year-end adjustments now sit within your final declaration, and ABM Chartered Accountants handles every one of them.
Year-End Finalisation Under Current MTD Rules
The End of Period Statement was originally designed as a separate MTD step where each business confirmed its figures and applied accounting adjustments before the final declaration. HMRC removed it as a simplification measure announced at Autumn Statement 2023, so there is no EOPS to file. The adjustments themselves still matter and are now made per business inside the final declaration process.
Our year-end finalisation service reviews each sole trade and property business, applies disallowable expenses, capital allowances, accruals and private use adjustments, and prepares the figures for submission.
Related Making Tax Digital Services
Year-end finalisation connects your quarterly updates to your final declaration. These related services cover every stage of the MTD cycle before and after the adjustments we apply.
Quarterly Updates
Cumulative quarterly updates prepared, checked and submitted before every 7th deadline.
Final Declaration
Year-end adjustments, reliefs and your MTD tax return filed by 31 January.
Digital Record Keeping
HMRC-compliant digital records maintained monthly from first entry through to every submission.
MTD for ITSA
Complete MTD for ITSA service for sole traders and landlords above the threshold.
HMRC Account Management
Your HMRC online account monitored, updated and reconciled by your authorised agent.
HMRC Enquiry Support
Correspondence, queries and compliance checks from HMRC handled on your behalf.
Why Year-End Adjustments Still Matter
Nothing over-taxed: Capital allowances, losses and reliefs are applied correctly so quarterly estimates are refined into an accurate liability.
Nothing under-declared: Disallowable costs and private use are adjusted before submission, avoiding enquiries and penalties.
Per-business accuracy: Each sole trade and property business is finalised separately as HMRC requires.
Current rules applied: You avoid following outdated EOPS guidance that still circulates online and in older software.
Smooth final declaration: Finalised figures flow straight into your tax return with no last-minute reworking.
MTD Year-End Support Across London and the UK
ABM Chartered Accountants provides year-end MTD finalisation from our Canary Wharf office in London and remotely for sole traders and landlords in Manchester, Birmingham, Leeds, Glasgow, Bristol, Cardiff and across the UK.
Year-End Adjustments for Every Sector
We finalise year-end figures for landlords claiming finance cost relief and repairs, contractors with equipment allowances, construction subcontractors reconciling CIS deductions, healthcare professionals with mixed income, hospitality owners and e-commerce traders.
Why Choose ABM for Year-End MTD Finalisation
Up-to-Date Guidance
We work to current HMRC rules and software processes, not the withdrawn EOPS steps some advisers still follow.
Planning Built In
Year-end review is where we identify reliefs, timing choices and allowances that reduce your final bill.
Chartered Review
Every set of adjustments is prepared and reviewed by ICAEW or ACCA qualified accountants before submission.
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.
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End of Period Statement FAQs
Answers to common questions about the End of Period Statement and how year-end adjustments now work under MTD.
Is the End of Period Statement still required?
No. HMRC withdrew the EOPS as a simplification announced at Autumn Statement 2023, before MTD for Income Tax began in April 2026. There is no separate statement to file.
What replaced the End of Period Statement?
The accounting and tax adjustments the EOPS was meant to capture are now made for each business within the final declaration process, submitted through compatible software by 31 January.
Which year-end adjustments do you apply?
Disallowable expenses, private use of assets and vehicles, capital allowances, accruals and prepayments, stock, loss relief claims and any sector-specific items such as CIS deductions or property finance costs.
Do I lose reliefs because of the change?
No. Every relief and allowance available under Self Assessment remains available under MTD. The change only removed a separate confirmation step, not any entitlement to claim reliefs or allowances at year end.
My software still shows an EOPS step?
Some older guidance and software screens have not been updated. We confirm the correct current process in your platform and complete finalisation the way HMRC now expects.
When should year-end finalisation start?
Soon after 5 April, once the fourth quarterly update is submitted. Starting early leaves time for tax planning and avoids a rush before the 31 January deadline.