Making Tax Digital – Dead Simple Has You Sorted
Let’s walk you through what Making Tax Digital means — whether it applies to you, what the deadlines are, and exactly what you need to do. And of course, we’ll be here to help every step of the way.
What is Making Tax Digital?
It’s the government’s plan to drag tax into the 21st century — by keeping digital records and using software to send your tax info to HMRC. No more paper records. No more hassle.
When Is It Happening?
April 2022
All VAT-registered businesses now have to follow MTD rules.
April 2026
MTD for Income Tax will apply to self employed individuals and landlords with income over £50,000
April 2027
MTD for Income Tax will apply to self employed individuals and landlords with income over £30,000
April 2028
MTD for Income Tax will apply to self employed individuals and landlords with income over £20,000
To follow the Making Tax Digital rules, you’ll need to keep digital records and file your tax info using HMRC-approved software.
But don’t stress — at Dead Simple Accounting, we’ve already tested the best options out there.
On our site, you’ll find our honest breakdowns of what’s best, from ease of use to pricing and features.
We’ll help you find the right fit — whether you’re a side hustler, landlord, or full-time self-employed
What Software Should I Use?
5661_0437b0-65> |
Preferred |
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Price 5661_1701bc-a7> |
Free if you bank (or switch) with NatWest, RBS, or Mettle 5661_ed4933-b5> |
£7p/m but likely have a discounted period 5661_dca51f-e0> |
£10p/m but likely have a discounted period 5661_05e391-01> |
Ease of Use 5661_785c28-02> |
Excellent 5661_81cf34-6b> |
Excellent 5661_68987e-bf> |
Pretty good 5661_d104d0-1e> |
HMRC-recognised 5661_a1d8c6-80> |
✅ 5661_9aff4b-42> |
✅ 5661_b49cb4-13> |
✅ 5661_226abb-00> |
Invoices you can send a month 5661_4fa9b7-de> |
Unlimited 5661_28e4a9-9c> |
10, then you have to upgrade 5661_3ea4e0-ce> |
Unlimited 5661_e593a1-d6> |
Mobile app 5661_c40031-b4> |
Excellent 5661_23e29f-b0> |
Excellent 5661_ba893b-4d> |
Pretty good 5661_a71bed-ca> |
Support 5661_d1f75c-1c> |
Excellent – in app chat, email, telephone 5661_7c5a65-a1> |
Good – see our review 5661_e9e7b9-80> |
Not good – see our review 5661_32fbfa-37> |
Our verdict 5661_914be0-86> |
🥇 5661_78cadb-38> |
🥈 5661_21218c-1e> |
🥉 5661_5c86e4-1c> |
Review 5661_113da9-5e> | 5661_0c0b85-83> | 5661_97ae26-61> |
Coming Soon 5661_e3ee26-ba> |
We’re currently beta testing the above software, and it’s looking very promising from both a customer perspective and for us as your super duper accountant sidekick…!
Based on our early access, we believe FreeAgent is currently the best MTD accounting software.
What Are the MTD Deadlines?
Reporting Income & expenses for*
Deadline to submit to HMRC
Quarter 1
- 6th April to 5th July
- 7th August
Quarter 2
- 6th April to 5th October
- 7th November
Quarter 3
- 6th April to 5th January
- 7th February
Quarter 4
- 6th April to 5th April
- 7th May
*There’ll be an option to change it to 30 June, 30 September, 31 December & 31 March if that’s simpler for you
What Is the Self-Assessment Deadline?
This remains 31 January after the end of the tax year – so no change!