Intuit launches new time saving tools to help sole traders tackle HMRC’s Making Tax Digital for Income Tax

New QuickBooks products assist with financial literacy and help sole traders build good year-round money management habits

AI-driven validation and reporting tool powers new Making Tax Digital Readiness Checker

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London, UK - 5 March 2026

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, Mailchimp and Intuit Enterprise Suite, today launched new digital bookkeeping and income tax software for sole traders, including construction contractors (CIS), who must digitise their records as part of HM Revenue & Custom’s new Making Tax Digital for Income Tax scheme from next month. 

Intuit unveiled QuickBooks Sole Trader Plus, which gives businesses access to a virtual team of intelligent digital assistants that help manage income, expenses, and income tax obligations. Intuit also announced QuickBooks Income Tax AI, a validation and reporting tool, coming soon, that will be embedded in QuickBooks Online. This new offering will help reduce Making Tax Digital anxiety, by flagging income tax obligations and pinpointing errors in records that may need attention.

These easy to use QuickBooks products, built on the Intuit platform, help self-employed individuals create structure around managing their finances, and gain the benefits of digitising their bookkeeping, beyond compliance.

More than 20,000 sign-ups have now been recorded across the HMRC-led pilot for Making Tax Digital for Income Tax, signalling strong momentum as the deadline approaches. In a recent update, Craig Ogilvie, Director of Making Tax Digital at HMRC, confirmed that QuickBooks is the leading software provider for those preparing for the transition, having the highest number of cumulative sign-ups during the current testing period from April 2025 to January 2026

Leigh Thomas, Vice President of EMEA at Intuit said: “A lot of sole traders don’t use software to prepare their taxes, but there are numerous tangible benefits in doing so, beyond simply complying with the new Making Tax Digital requirements. You get to see your live tax estimates, save time previously spent searching for and compiling evidence of income and expenses, and you can make submissions to HMRC in a few clicks. For those that work with an accountant or bookkeeper, it’s a really easy way of sharing information and working together to improve money management. We’ve made our new Making Tax Digital tools within QuickBooks easy to use, even for those that are digitising their bookkeeping for the first time.”

Introducing QuickBooks Sole Trader Plus

QuickBooks Sole Trader Plus is designed for self-employed individuals, helping them manage income, expenses, and income tax obligations in a simple and efficient way. It is an updated version of QuickBooks Sole Trader, natively built on Intuit’s AI-driven expert platform, benefitting from faster feature delivery, an around-the-clock global engineering organisation, and insights built from serving millions of customers around the world. 

QuickBooks Sole Trader Plus features complete Making Tax Digital compliance tools, pay-enabled invoicing, receipt capture, bank reconciliation and mileage tracking along with a new powerful Business Feed feature on the home screen, which unlocks access to Intuit’s virtual team of intelligent digital assistants.

QuickBooks Sole Trader Plus ensures digital accounting is administered in line with the new HMRC Making Tax Digital rules and uses AI automation to streamline digital record keeping, by mapping bank transactions and expenses to account categories, and generating income tax estimates. This presents clear value for both individuals and their accounting professionals, helping them work together to meet income tax obligations, manage money, save time, and grow.

Introducing QuickBooks Income Tax AI 

Integrated into QuickBooks, Income Tax AI will facilitate year round compliance, and offer a Making Tax Digital Readiness checker which pinpoints issues that may need attention. Coming soon, this AI-driven validation and reporting tool will help to reduce Making Tax Digital compliance anxiety by proactively monitoring business activity and flagging errors and income tax obligations. 

It will identify discrepancies such as unmapped chart of accounts transactions, duplicate entries, miscategorised expenses, and post submission adjustments. It then provides actionable reports, with explanations and guidance to assist users in resolving the issue.

Serving both tax payers and their accountants or bookkeepers, this new AI tool focuses on accuracy and error detection to support on-time Making Tax Digital filing and reduce the risk of penalties. Key features include duplicate detection; identification and grouping of potential duplicate transactions based on multiple matching criteria, and expense categorisation validation; flagging of expenses miscategorised against HMRC tax rules with recommendations.

Support for sole traders and landlords with income from multiple sources

Intuit has also announced that QuickBooks now has the ability to submit non-trading income and expenses under Making Tax Digital, including income and expenses from employment, interest, UK and foreign dividends and foreign pensions. New integration with Hammock has also been announced, to support landlords with property income streams, including joint ownership submissions and foreign property income, under Making Tax Digital.

Emma Marszalek, Managing Director, BBS Morecambe Ltd that trades as Bay Bookkeeping Solutions and is a Making Tax Digital pilot participant, says digital reporting highlights just how inefficient manual processes have become. "Digital software improves the accuracy of reporting, gives a much better understanding of the figures and makes the information far more useful. Spreadsheets have their place, but the systems we have now, with digital bank feeds and built-in automation, are far superior to anything you could reasonably create manually. That’s why, even before Making Tax Digital comes into force for everyone, I’m planning to onboard clients who aren’t yet mandated. If someone is around the £30,000 mark, I’d much rather they use the next year as a practice year. Not because they have to, but because it will be better for them."

For more information, visit our MTD resources hub, designed to help sole traders with step by step guidance on digitalising their bookkeeping.

Disclaimer

This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, and functionality are subject to change without notice.

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About Intuit

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