What is the new tax legislation?
Recent changes to HMRC’s Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) mean that landlords and sole traders will soon be required to keep digital records and submit quarterly updates using approved software. (Read more on these changes)
MTD solution for spreadsheets
If you currently use spreadsheets and want to stay compliant without switching to full accounting software, our MTD Bridging Solution is ideal for you.
What is our MTD Bridging Solution?
Our bridging tool provides Excel workbook templates that you can upload and then send directly to HMRC’s systems, ensuring your quarterly updates are submitted accurately. It’s fully HMRC-approved and designed for simplicity, so you can keep the workflow you know while meeting all digital record-keeping requirements. The system will also send out automated reminders to ensure that deadlines are not missed and you get everything submitted on time. See this quick recording on how simple it can be – MTD Assist: The Simple Way to Stay Compliant | Glasscubes Help Center