The QuickBooks guide to
Making Tax Digital
for accountants & bookkeepers
Making Tax Digital rules are changing. Plan ahead with QuickBooks to make sure you and your clients are ready ahead of the April 2022 deadline and beyond.
Answer a few questions to build a customized guide to preparing your practice for Making Tax Digital, based on what matters to you.
An accountant’s guide to the key dates for MTD for VAT, MTD for ITSA and MTD for Corporation Tax. With tips for getting your clients ready.
As you’ll know, MTD for VAT is already law for all UK businesses if their annual turnover is more than £85,000.
From 1 April 2022, all VAT-registered businesses will have to comply, regardless of their turnover.
MTD for VAT
It means that HMRC won’t accept manual entries on VAT returns any more. All info will have to be submitted using digital links.
Originally due to take effect in 2023, MTD for ITSA will now launch in 2024. From that date, self-assessment taxpayers will have to make quarterly submissions to HMRC. They can alter these submissions up to the time that the final figures are due.
The idea is to make tax returns more accurate. It should also make them more manageable for you and your clients by avoiding that mad rush in the run-up to 31 January. Another upside is that MTD for ITSA will help business owners predict how much tax they’ll have to pay – and plan accordingly.
MTD for Income Tax Self-Assessment
It’s important to understand who will – and who won’t – be affected by MTD for ITSA.
Find out more about how you can grow your practice.Take me there
The government has held a consultation on MTD for Corporation tax. It’s expected to go live in 2026.
MTD for Corporation Tax
The consultation explores how the principles established for Making Tax Digital could be implemented for Corporation Tax.HMRC consultation update
As part of MTD, HMRC has introduced a points-based penalty system for late submissions and payments.
Bear in mind that it’s the client, not their accountant, who’ll be fined for a late submission or payment. So if you miss a deadline on behalf of a client, you won’t be out of pocket, but it may cost you that client.
Missing a filing deadline
The penalties for not complying with Making Tax Digital regulations.Take me there
Your MTD timeline
Tap into a host of free resources designed to educate your clients, get your team up to speed and support your practice’s growth in the run up to MTD.Talk to our MTD team
Not sure how to explain Making Tax Digital to clients? Our downloadable client handouts have all the answers you need.Access the MTD client handouts
We've prepared three handy guides that will help you to prepare your practice for MTD. Download one or all three.Access the Insider's guides
Easily communicate with your clients to get them up to speed with MTD for VAT requirements using these handy templates.Download the templates
Answer a few questions to build a customized guide to Making Tax Digital.
From April 2022, HMRC will be introducing a new points-based system for all VAT registered businesses. Watch this webinar to learn more about the new rules around late submissions & late payments, who they apply to and how you can ensure your clients stay compliant.
What penalties could clients face for not following Making Tax Digital regulations? See what they are and how to avoid them in this summary of the HMRC proposal.
Find out about our Making Tax Digital bridging software - what it is and when to use it - in this quick guide for accountants.
Find out how Making Tax Digital will affect landlords registered for VAT and why you should be taking steps now to get ready.
Read our five point guide to Making Tax Digital compliance. Follow these steps to make sure you're compliant with HMRC legislation.
Read QuickBooks UK’s guide to MTD business software and learn why you should ditch the spreadsheets to comply with new HMRC legislation.
Not every business has to follow HMRC's new Making Tax Digital VAT rules. See if you are eligible for an exemption with this guide from QuickBooks.
Watch this interactive webinar with HMRC and discover what MTD for Income Tax Self Assessment means for your clients and how to start preparing your practice now.
Get ahead of the new Making Tax Digital rules with our four step guide for accountants.
Not sure about the penalties for Making Tax Digital regulations? Find out what they are and how to avoid them in this short summary of the HMRC proposal.
Discover everything you need to know about the Making Tax Digital deadlines for VAT. From who has to register to digital links - we cover it all.
Looking for tools to help you streamline MTD for your practice? In this guide, we break down how QuickBooks products and programmes support your practice.
Learn about how QuickBooks’ bridging software helps spreadsheet users and clients with complex VAT needs keep compliant.
Getting ready for MTD now means you and your clients can stay stress-free. Watch this webinar to see how to prepare for Phase 2.
MTD for ITSA will affect your self-employed and landlord clients. Watch this on-demand webinar to learn how to prepare for the 2024 deadline.
We've teamed up with HMRC to explain the new rules around 'digital links'. Watch this webinar to discover what counts as digital data, what qualifies as a digital link and when manual adjustments are allowed.
Making Tax Digital is expanding and that means spending more time in your HMRC services account. Watch this webinar with HMRC and learn why all advisers need an Agent Services Account, how to set one up and what's next for MTD.
Get your practice ready for the next phases of MTD with this step by step guide from leading accountancy thinker Rebecca Benneyworth.
Discover value-based pricing for MTD for accounting firms. This useful article from Mark Wickersham will help you get paid what you're worth.
Mark Wickersham breaks down how to use value pricing for Making Tax Digital in this on-demand webinar.
Accountants are choosing QuickBooks Making Tax Digital software to deliver the best service to their clients. Find out why.
Take advantage of the MTD opportunity to grow your client base and optimise your practice. Watch this on-demand webinar to find out how.
The Find-a-ProAdvisor directory connects small businesses with accountants who can help them with MTD. Learn how to boost your profile here.
QuickBooks’ easy-to-use software means a stress-free transition to Making Tax Digital.
Find the tools and expertise you need to support all of your clients, from users of outdated accounting software to spreadsheet-based businesses.
Get your clients up and running with QuickBooks in no time with our free expert onboarding sessions. It’s the fastest, easiest way to work together efficiently in QuickBooks.Learn more
Our unique VAT error checker automatically scans your clients’ VAT returns for common errors, duplicates and anomalies. Use it to save time on manual checks for accuracy before filing directly to HMRC.
Learn more about our VAT error checker.
Use QuickBooks’ bridging software to help spreadsheet users and clients with complex VAT needs comply with Making Tax Digital without changing the way they manage their VAT.Submit VAT with QuickBooks
QuickBooks is HMRC-recognised Making Tax Digital software for keeping digital records and making VAT submissions to HMRC. Take a closer look at why it’s the right choice for your practice and your clients.
Whether you’re new to accountancy software or already live with your head in the cloud, it’s easy to get started with QuickBooks. It’s designed from the ground up to be easy to use, and to fit into your current way of working. Discover the key features of QuickBooks for your practice.
Select a topic to get started.
You can easily manage every client from the main dashboard - it's easy to dive into their books at the click of a button.
Adding your new clients into QuickBooks is quick and easy - so you can get going in no time at all.
A range of pre-built reports gives you the information you need - instantly. You can even tailor them to individual clients.
The Performance Centre provides up- to-the-minute charts to help you keep on top of each client's business.
We know that sometimes data gets entered incorrectly. No problem. You can reclassify transactions at scale to save time.
Grow your practice through the QuickBooks ProAdvisor programme and find new clients with our Find-a-ProAdvisor directory.
All your queries answered in the way you find easiest - from call backs to community forums. Your clients can also access support directly from QuickBooks too.
QuickBooks makes bookkeeping, tax and financial planning easy for your clients. See just how easy the software is to use for Making Tax Digital and beyond.
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Your customers don't have to trouble you for support. They can find it within QuickBooks. Our award-winning customer support is free and easy to access.
Your clients can keep track of how much VAT they owe in real time, so that there are no nasty surprises at tax time.
Get access to discounted QuickBook Online subscriptions to offer to your clients. Give them the confidence that they can keep digital records and submit their VAT returns in line with Making Tax Digital.
Request a callback from a member of our team to learn more.
Easily migrate your clients’ accounts to QuickBooks from other accounting software. Then prepare and automatically check their VAT return before submitting it directly to HMRC, in line with Making Tax Digital.
We’ve been working closely with HMRC to make sure you have all of the information your practice needs to be ready for the next phase of Making Tax Digital. Take advantage of free QuickBooks training, live webinars and on-demand video sessions.
Watch our webinar to learn how to prepare for MTD for VAT phase 2.
Getting your practice ready for Making Tax Digital is easy with QuickBooks for accountants and bookkeepers. We’ve got your back every step of the way.
Request a callback from a member of our team to learn more.
Get leads through the QuickBooks Find a ProAdvisor directory - for free! Once you’ve passed our free certification training you can publish your profile on our directory of accountants, where thousands of small businesses look for professional support.
Get listed in our directory.
Our free ProAdvisor programme gives you access to the Marketing Hub — a free asset library to help you grow your practice and let clients know that you're up to speed with Making Tax Digital.
Learn more about our ProAdvisor programme.
QuickBooks Making Tax Digital software for accountants can help you grow your business, save money, and give you more time to support your clients.Learn how QuickBooks can help you
If you select the Free Trial option the first months subscription to QuickBooks, starting from the date of enrolment, is free. To continue using QuickBooks after your one month trial, you'll be asked to present a valid credit card for authorisation, and you'll be charged the then current fee for the service(s) you've selected. All prices shown exclude VAT. Offer(s) are valid for new QuickBooks customers only. Offer cannot be combined with any other QuickBooks Online offers. Terms, conditions, features, pricing, service and support are subject to change without notice.
QuickBooks Making Tax Digital for VAT software is available to all QuickBooks Simple Start, Essential and Plus subscribers. Use of QuickBooks MTD for VAT software and bridging software must be aligned with HMRC's eligibility requirements and includes additional set up between the small business and HMRC.
QuickBooks MTD software currently supports Standard, Cash and Flat Rate schemes. QuickBooks Bridging Software supports Standard and Cash schemes. Businesses whose home currency is not GBP are currently not supported.
Receive a 50% discount off the current monthly price for QuickBooks Online Simple Start or 50% discount off the current monthly price for QuickBooks Online Essentials or 50% discount off the current monthly price for QuickBooks Online Plus for the first 4 months of service, starting from date of enrolment, followed by the then current monthly price. Your account will automatically be charged on a monthly basis until you cancel. You must select the Buy Now option and will not receive a one month trial. Offer valid for new QuickBooks Online customers only. No limit on the number of subscriptions ordered. You can cancel at any time by calling 0808 168 9533. Discount cannot be combined with any other QuickBooks Online offers. Terms, conditions, features, pricing, service and support are subject to change without notice. All prices shown exclude VAT.
Receive a 50% discount off the current monthly subscription price for the first 4 months of service starting from the date you subscribe for the service. In order to obtain the discount you need to select the Buy Now option and will not receive the free one month trial offer. After the first 4 months, your account will be charged on a monthly basis at the then current price until you cancel. The above discount offer is available only to new QuickBooks Self-Employed customers and cannot be combined with any other QuickBooks Online offers.
QuickBooks Advanced Payroll allows you to automatically submit information to the following pension providers: NEST, The Peoples Pension, Smart Pensions, Aviva and NOW:Pensions
Mileage tracking is available on QuickBooks Self-Employed and QuickBooks Online on iOS and Android only.
These terms apply to QuickBooks UK customers only. Bulk-pricing discount offer is valid only if you are signing up for more than one QuickBooks Online subscription with each order. View terms and conditions for multiple accounts pricing. To inquire further about the bulk-pricing discount offer, please call 0808 168 4246.
*QuickBooks UK have temporarily changed our support hours due to the mandated travel and office restrictions. Please see temporary customer support opening times:
'Save around 8 hours a month' based on respondents new to QuickBooks; Intuit survey June 2016.