Making Tax Digital (MTD) Bridging Solution

Stay compliant with new tax legislation

Hillier Hopkins LLP

Chartered Accountants & Tax Advisers

Call +44 (0)330 024 3200 and discover how we can help you.

Landlords and sole traders: Stay compliant with Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) with our most cost-effective bridging solution.

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

Why choose our MTD Bridging Solution?

We have partnered with Glass Cube to provide a low cost solution for clients that are happy to manage there own affairs while ensuring you remain fully compliant with MTD for ITSA.

  • Easy to use Upload your spreadsheet and submit in just a few clicks.
  • Cost-effective A low annual fee.
  • Compliant and secure Meets HMRC standards for MTD submissions.
  • Extra support Our team is here to guide you through setup and answer any queries.
  • Peace of mind At year end, we review your figures and prepare your tax return to ensure everything is correct. If Hillier Hopkins doesn’t currently prepare your tax return, then this is an additional cost. Speak to us for a tailored quote based on your requirements.

Pricing

Our MTD Bridging Solution is offered fully self managed so all you pay for is the software which is £36.00 + VAT per annum no hidden costs or unexpected charges.

How does it work?

Signing up is quick and easy and we’ll provide everything you need to get going:

  • We’ll provide you with secure access to the software and a template to use for your submissions.
  • You can continue to use your spreadsheet for your records and to prepare your tax information.
  • The bridging software will send you quarterly deadline reminders and you’ll submit your tax information via the template we provide.
  • At the end of the year, we’ll review all your information and prepare your annual tax return for you. If Hillier Hopkins doesn’t currently prepare your tax return, then this is an additional cost. Speak to us for a tailored quote based on your requirements.

Ready to get started?

Contact us today to see how our MTD Bridging Solution can save you time and money, while keeping you compliant.

Call us on +44 (0)330 024 3200 or email hi@hhllp.co.uk.

If you’re an existing Hillier Hopkins client, speak to your usual adviser.

FAQs

Does my charity need an audit or an independent examination?

How do I pay staff?

Do I need to register with HMRC for PAYE?

How do I claim back tax?

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What taxes does a business pay when employing staff?

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Are my investments and strategy right for me?

What is all this about an on-line tax account I have read about?

What is research and development tax relief?

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I have just arrived in the UK – how do I register for tax?

How long can I spend in the UK without becoming a resident?

What are furnished holiday lettings?

I sold a property this year and HMRC say I need to do a tax return?

I have just started a business, do I need to complete a tax return?

Suppose I make gifts to charity?

Is it not very expensive to use trusts?

Are trusts just for dodgy tax schemes?

Can I give away everything while I am still alive?

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What are Trivial Benefits?

How are the research and development guidelines applied to software?

What is research and development and which costs qualify?

How do I reduce my company’s tax bills for R&D?

Does my business qualify for the Patent Box scheme?

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I want to do business overseas, but it all looks so complicated?

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Why am I paying tax quarterly?

Is my company paying too much tax?

Does an audit create problems or solve them?

How does an audit add value?

Is there an alternative to an audit?

Can I have assurance without paying for an audit?

How can an audit help me?

Does my company need an audit?

What is an audit and why may I need one?

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