SGL Accountancy Services - Doncaster Accountants for Small Businesses

MTD Sole Trader Accountancy Package

Making Tax Digital for Income Tax - MTD ITSA

What is MTD ITSA?

MTD ITSA is replacing the traditional Self Assessment.

This means you will need to switch to an ongoing accountancy service, rather than the current once-a-year one - in order to fulfil the new requirements.

To comply, you’ll be required to submit quarterly returns —that’s 4 updates every 3 months—to HMRC detailing your income and expenses.

When does MTD ITSA Start?

Making Tax Digital (MTD) for Income Tax is being introduced in a staggered manner depending on Qualifying Income:

  • From April 2026, income exceeding £50,000
  • From April 2027, income exceeding £30,000
  • From April 2028, income exceeding £20,000

What is Qualifying Income?

Qualifying Income can be from Self Employment, Property Income, or a combination of both.

It is the total income before any expenses are deducted.

What does MTD ITSA Require?

MTD for Income Tax requires that the tax payer:

  • Keeps digital records
  • Submits quarterly updates
This creates quite a different scenario to the traditional, annual Tax Return.


Our MTD Sole Trader Packages

Our new MTD Sole Trader Package ensures that all MTD requirements are met, including all your accountancy needs throughout the year, and for the year end.
If you don't quite require one of our normal Accounts Packages, maybe you only have a few sales and expenses per month, then our MTD Sole Trader Package may be a better fit for you.

We offer a Standard MTD Sole Trader package, alongside a VAT-Registered version for Sole Traders requiring MTD VAT Returns.

MTD Sole Trader

For non-VAT Sole Traders with a minimal amount of transactions per month

Ongoing Day-to-Day Features

  • AAT Licensed Accountant
  • Monthly Bookkeeping
  • Making Tax Digital (MTD) Compliance
  • Quarterly VAT Returns
  • Monthly Bookkeeping Transactions:
    • up to 50

MTD ITSA Compliance

  • Digital Record Keeping
  • 4x Quarterly Updates
    -Preperation & Submission
  • Bookkeeping Software Subscription

Annual features Included

  • Annual Tax Calculation
    -Self Assessment
  • End of Year Accounts
    -Profit & Loss, Balance Sheet
  • Submissions to HMRC

from £40 per month

MTD Sole Trader Plus VAT

For VAT Sole Traders with a minimal amount of transactions per month

Ongoing Day-to-Day Features

  • AAT Licensed Accountant
  • Monthly Bookkeeping
  • Making Tax Digital (MTD) Compliance
  • Quarterly VAT Returns
  • Monthly Bookkeeping Transactions:
    • up to 50

MTD ITSA Compliance

  • Digital Record Keeping
  • 4x Quarterly Updates
    -Preperation & Submission
  • Bookkeeping Software Subscription

Annual features Included

  • Annual Tax Calculation
    -Self Assessment
  • End of Year Accounts
    -Profit & Loss, Balance Sheet
  • Submissions to HMRC

from £60 per month

How Our MTD Sole Trader Packages Keep You Compliant

Our Packages include:

Digital Record Keeping

One requirement of MTD ITSA is digital record keeping.

We'll get you set up with bookkeeping software to maintain digital records, including issuing invoices to customers

Monthly Bookkeeping

In order to complete quarterly updates, bookkeeping needs to be kept on top of.

We'll assist with your monthly bookkeeping, each month.

Quarterly Updates

HMRC now requires that you submit quarterly updates on your income and expenses.

We'll use the completed monthly bookkeeping to prepare and submit your Quarterly Updates each quarter.

MTD Final Declaration

At the end of each year HMRC expects an End of Year Declaration, finalising your income & expenses, as well as any accounting adjustments that would have appeared on your Self Assessment.

We'll prepare and submit this alongside producing your financial statements.



Our MTD Sole Trader Package is designed for simpler Self Employments. If you have a larger number of transactions, you may be more suited to our Standard Pacakges.


FAQs on MTD ITSA Packages

Why Choose Our MTD Sole Trader Package?

Our MTD Sole Trader Package is designed to help you transition smoothly to the new Making Tax Digital (MTD) requirements. It includes everything you need to stay compliant with HMRC, while also providing ongoing support for your accounting needs.

  • Fully MTD-Compliant – Stay ahead of HMRC’s digital tax requirements.
  • Quarterly Tax Submissions – No more last-minute tax stress.
  • Expert Support – Guidance from experienced accountants.
  • Cloud-Based Accounting – Access your financial data anytime, anywhere

What’s Included in Our Package?

  • Quarterly Tax Filing – Submit accurate reports to HMRC.
  • Bookkeeping Support – Keep your records organised.
  • Tax Efficiency Advice – Maximise deductions & reduce liabilities.
  • MTD Software Integration – Seamless digital tax reporting.
  • Year-End Accounts – Ensure compliance with HMRC regulations.

Who is This Package For?

  • Sole Traders – Transition smoothly to MTD compliance.
  • Freelancers & Contractors – Simplify tax filing & bookkeeping.
  • Self-Employed Professionals – Stay on top of financial obligations