MTD for Income Tax

Yes, Littletonlandscapes, QuickBooks Online (QBO) supports Making Tax Digital (MTD) for Income Tax, and you can submit your quarterly returns through the software.

First, ensure your VAT is already set up in QBO. Since you’re already enrolled in the MTD pilot scheme launching, you'll need to connect your QuickBooks account to HMRC via the MTD setup. Once connected, you can start submitting your quarterly updates directly through QuickBooks.

For more guidance and preparation for your Self Assessment tax return, please check out this resource: Self Assessment for Income Tax: Checklist for QuickBooks.

Please let us know in the comment section if you have any other questions besides MTD for Income Tax in QuickBooks.

I have already connected my QuickBooks to HMRC MTD Income tax. But it is not showing any way to prepare a quarterly submission? 

Once you've completed the process and successfully connected QuickBooks Online (QBO) to HMRC, a pop-up notification "Nice work. You're set up to comply with Making Tax Digital for Vat" will appear on your screen, Littletonlandscapes.

After that, you can prepare your quarterly submission using these steps:

1. Go to the Taxes menu and select the VAT tab.
2. Navigate to the Returns section.
3. Locate the VAT return you wish to submit and click its designated Prepare return option under the Action column.
4. Double-check everything, and once done, click Submit to HMRC.
5. Tick the I declare the information is true and complete checkbox. Then, Submit to HMRC.
6. Wait for the confirmation message to appear (an indication that the HRMC accepted your submission).
7. Hit Done to exit.

If the steps above are not visible on your end, I'd like to ask if you have received an error message after connecting QBO to HMRC. If so, can you please share it with us in the Reply section? Providing additional details about your concern can help us resolve your situation precisely.
 

In the meantime, I recommend clearing your regular browser's cache and cookies to eliminate excessive data utilities that can disrupt the platform's performance. Then, reopen your QBO account and submit your VAT afterward. You can also consider using another supported browser if the issue persists.

I'm also attaching a resource you can review that contains resolutions to common problems with MTD: Fixing MTD (Making Tax Digital) issues in QuickBooks Online.

You may also access this link: Submit your VAT returns and record VAT payments in QuickBooks. It can guide you on appropriately filing and entering your VAT returns and payments in QBO.
 

Please add more details about your concern below so we can assist you further.

I am not asking about MTD for VAT. I am already using that and have no problem on that side. My enquiry is about MTD for income tax pilot scheme not showing up 

Thanks for providing clarification about your query regarding the MTD for Income Tax pilot scheme, Littletonlandscapes.

Please note that the MTD for the ITSA pilot scheme is still in its testing phase, and access is limited to specific taxpayers.

One of our team members will be in touch with you to personally walk you through the process. Once we've connected with you, you'll be ready to onboard through the Self-Service Income Tax testing phase portal with ease.

Here are some helpful resources I've shared to guide you in using MTD for Income Tax:

• Find out if and when you need to use Making Tax Digital for Income Tax
• Work out your qualifying income for Making Tax Digital for Income Tax
• Find software that works with Making Tax Digital for Income Tax

We're always here to assist with any questions about QBO tasks. Just click the Reply button to add your comment and we'll help you further.

I am trying to do a first quarterly ITSA return in Quick Books.

When the "quarterly" report comes up it is showing the period as 6th April to 30th June which is correct as I have applied for calendar quarter periods. However, the report when it come up for submission is showing the sull turnover from 6th April to the current date (23rd July) and not just to 30th June and I can see no way to amend this.

Can you please advise as to what the issue may be.

Thanks

Thank you for reaching out about your ITSA return in QuickBooks Online (QBO), @New Forest Phil 

The extended date range you're seeing in the preview is the up-to-date information about your business. QuickBooks will only include the relevant data for the specified quarter (April 6th to June 30th), regardless of what's in the preview. The system is programmed to comply with HMRC's requirements for ITSA returns.

However, filing Self Assessment in QuickBooks for the first time is a bit different from what you might expect. You might need to settle last year's tax balance and make an advance payment, usually half of this year's estimated tax, known as a payment on account. Check out these resources below to learn more:

• Self Assessment for Income Tax: Checklist for QuickBooks
• Understand your Self Assessment tax bill

If you have any further concerns, don't hesitate to reach out again. We're committed to ensuring you have a smooth and confident tax filing experience with QuickBooks, @New Forest Phil. Stay safe!