Self Employed (MTD IT)
Need some help getting on top of your finances? Would you like a better understanding of how your finances work? Not sure what MTD IT is?
What is Making Tax Digital for Income Tax?
MTD for Income Tax is a new initiative from HMRC that aims to modernise the UK tax system. The goal is simple: move from annual tax returns to a more dynamic, digital approach, requiring sole traders and landlords to submit tax data quarterly.
The idea is to make tax more straightforward, reduce errors, and provide a clearer picture of your tax obligations throughout the year. Essentially, it’s about bringing tax into the 21st century! Read a more detailed update here
With Nara Accountancy you can be confident your service is MTD IT compliant.
Our Services
1
MTD Essentials
Perfect for the just starting out..
We set up your MTD-compliant software, and you handle your own bookkeeping. A monthly bookkeeping report to ensure you are MTD compliant. When it’s time to file, we compile your self-assessment and submit it – so you’re confident it’s right.
2
MTD Support
For business owners who want expert input without the hassle.
We take care of your software, bookkeeping and your self-assessment, so you're always MTD-compliant and tax ready. Plus, we're here throughout the year if you need support or have questions.
3
MTD Plus
The all-in-one package for business owners who want clarity and confidence.
We handle your bookkeeping, self-assessment, and provide monthly business update emails to keep you informed, in control, and growing. Plus, year-round support whenever you need it
Other services and support are available, if there is something else you need book a call below