Pricing
Our MTD Bookkeeping Solution is offered at a transparent, fixed-fee price so you’ll know exactly what you’re paying with no hidden costs or unexpected charges. Payment is quarterly via a convenient direct debit.
Quarterly fees start from £66 +VAT for landlords and £100 +VAT for sole traders
The fee illustrations above are based on a landlord with a single managed property and a sole trader with up to 50 transactions. Get in touch for a tailored quote based on your particular requirements.
We understand that business activity fluctuates and our service pricing takes this into account. If your business is growing, our service is scalable and we can adjust your pricing tier if your transaction volumes exceed your agreed limits for 2 consecutive months.
Requirements for ITSA MTD Bookkeeping Solution & basic pricing
We’ve designed our ITSA MTD bookkeeping solution to be streamlined, efficient, and cost-effective for non-VAT registered businesses. To ensure smooth service delivery and accurate reporting, the criteria below apply. However, we understand that every business is unique. If your circumstances differ from the criteria below, we’re happy to tailor the service to your unique needs. Just let us know, and we’ll provide a clear quote.
- Maximum of 1 business bank account
- Non-VAT registered
- Bank account connected to bookkeeping system by direct feeds which is to be maintained continuously
- All transactions in the business account will be assumed to be business related as there is additional work in determining business or personal.
- All data provided on time (surcharges or delays will apply where not adhered to) requested quarterly via automatic reminder checklist.
- All bookkeeping to be recorded on a cash basis i.e. based on the analysis from the bank account
- No CIS (Construction Industry Scheme) – suffered or deducted
- No payroll journals or reconciliation
- For landlords only: Changes in any rentals must be confirmed quarterly
How does it work?
Signing up is quick and easy and we’ll provide everything you need to get going. Our process is designed to be straightforward and efficient, using automation to save you time and reduce costs.
Once you’re set up, here’s what you’ll need to do:
- Maintain live bank feeds to ensure seamless data flow.
- Upload clear purchase evidence using our data capture system — we provide Hubdoc at no extra cost.
- Submit sales data via approved integrations. CSV files are also accepted (additional processing fees may apply).
- Respond to queries within 5 business days to keep everything running smoothly.
- Retain original source documents for 6 years, or simply upload them to the data capture system.
