{"id":10104,"date":"2025-08-18T16:38:10","date_gmt":"2025-08-18T15:38:10","guid":{"rendered":"https:\/\/www.sage.com\/en-gb\/blog\/?p=10104"},"modified":"2026-08-03T09:59:24","modified_gmt":"2026-08-03T08:59:24","slug":"mtd-income-tax-life-easier-business","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-gb\/blog\/mtd-income-tax-life-easier-business\/","title":{"rendered":"Why Making Tax Digital for Income Tax makes life easier for your business"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--standard entry-header--has-illustration entry-header--has-illustration--standard\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tWhy Making Tax Digital for Income Tax makes life easier for your business\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\tDiscover how MTD for Income Tax helps your business and improves how you do things.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2025-08-18T16:38:10+01:00\">18 August, 2025<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Why Making Tax Digital for Income Tax makes life easier for your business\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-gb\/blog\/mtd-income-tax-life-easier-business\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-gb\/blog\/author\/keirthomasbryant\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/keir-short-hair-350x350.jpg\" class=\"entry-author__image\" alt=\"\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/keir-short-hair-350x350.jpg 350w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2025\/06\/keir-short-hair.jpg 760w\" sizes=\"auto, (max-width: 40px) 100vw, 40px\" \/>\t\t\t\t<span class=\"entry-author__name\">Keir Thomas-Bryant<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Making Tax Digital (MTD) for Income Tax came into force in April 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you&#8217;re a sole trader or landlord who meets the criteria, the new requirements from HMRC offer you a great opportunity to overhaul your accounting admin tasks for the better.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By choosing the best <a href=\"https:\/\/www.sage.com\/en-gb\/sage-business-cloud\/accounting\/\">cloud accounting software<\/a>, and following the MTD for Income Tax rules, you&#8217;ll spend less time on admin and more time developing your products and services, adding value for your customers and clients, and growing your business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article, we reveal how MTD for Income Tax benefits you and your business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s what we cover:<\/p>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-an-overview-of-making-tax-digital-for-income-tax\" data-level=\"2\">An overview of Making Tax Digital for Income Tax<\/a><\/li><li><a href=\"#always-anchor-link\" data-level=\"2\">1. You&#8217;ll have more clarity of your financial position<\/a><\/li><li><a href=\"#know-anchor-link\" data-level=\"2\">2. You&#8217;ll know how much tax you owe<\/a><\/li><li><a href=\"#fewer-anchor-link\" data-level=\"2\">3. It&#8217;s easier to spot accounting mistakes and amend them<\/a><\/li><li><a href=\"#hooking-anchor-link\" data-level=\"2\">4. Working with your accountant could become more effective<\/a><\/li><li><a href=\"#bringing-anchor-link\" data-level=\"2\">5. You&#8217;ll bring new tech into your business and work more efficiently<\/a><\/li><li><a href=\"#the-anchor-link\" data-level=\"2\">Final thoughts<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 id=\"h-an-overview-of-making-tax-digital-for-income-tax\" class=\"wp-block-heading\">An overview of Making Tax Digital for Income Tax<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.sage.com\/en-gb\/making-tax-digital\/\">Making Tax Digital<\/a> (MTD) for Income Tax is a HMRC&#8217;s new tax reporting system that is being launched across three phases, in April 2026, April 2027 and April 2028.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It affects <a href=\"https:\/\/www.sage.com\/en-gb\/making-tax-digital\/sole-trader\/\" target=\"_blank\" rel=\"noreferrer noopener\">sole traders<\/a> and <a href=\"https:\/\/www.sage.com\/en-gb\/making-tax-digital\/landlords\/\" target=\"_blank\" rel=\"noreferrer noopener\">landlords<\/a> that have income over \u00a350,000 in the first phase, over \u00a330,000 in the second phase, and over \u00a320,000 in the third phase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The new rules mean you\u2019re required to manage your taxes by using <a href=\"https:\/\/www.sage.com\/en-gb\/sage-business-cloud\/sage-accounting\/\">functional compatible software<\/a> for your accounting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Across each year, you\u2019ll need to provide four quarterly reports, then a digital tax return by 31 January.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This might sound like a lot of additional work but that\u2019s where the software comes into play.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most tasks required to complete the various steps are automated, and the data should be there ready and waiting when the time comes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Below are five ways that MTD for Income Tax that make life easier for you and your business.<\/p>\n\n\n\n<h2 id=\"always-anchor-link\" class=\"wp-block-heading\">1. You&#8217;ll have more clarity of your financial position<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.sage.com\/en-gb\/making-tax-digital\/\">Making Tax Digital<\/a> for Income Tax can be so beneficial for your business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, you\u2019re required to pay more attention to your accounting than you might be used to.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But this means you\u2019re more likely to know your financial position at any given moment. You\u2019ll know about the cash flowing in and out, and how much money you have to operate with.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compare that to how some businesses are run, where the owner might only get this kind of insight once a year when they visit their accountant at tax return time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, if you use mobile accounting apps, you can get this kind of insight at any time of the day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can always be connected to your business finances, reducing the amount of times that you need to sit down at a desk to work out and understand your numbers.<\/p>\n\n\n\n<h2 id=\"know-anchor-link\" class=\"wp-block-heading\">2. You&#8217;ll know how much tax you owe<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One key benefit of MTD for Income Tax is that you\u2019re able to keep on top of your tax liability across the year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In short, it means you have the best possible idea of how much you\u2019re likely to owe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This benefits cash flow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You might be used to setting aside a quarter or a third of your income for tax purposes. This is often more than enough to cover January\u2019s tax bill, but the idea is that saving too much is better than saving too little.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But instead, you can set aside how much you\u2019re actually likely to owe, based on the data shown in your quarterly reports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This amount will still be an estimate, of course, and because of the potential need to make adjustments and reliefs in January it continues to be a good idea to be generous in your estimate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But you can certainly avoid setting aside far too much each year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As with any software, what you see in your accounting software for the quarterly reports is only going to be as accurate as the data you input. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But if you get the simple steps of MTD for Income Tax correct, the rest of your accounting should follow suit.<\/p>\n\n\n\n<h2 id=\"fewer-anchor-link\" class=\"wp-block-heading\">3. It&#8217;s easier to spot accounting mistakes and amend them<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Making mistakes with your accounting can not only give you a false idea of your cash flow position, it can also attract penalties from HMRC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similarly, late submissions can attract penalties, too.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To accompany MTD for VAT and MTD for Income Tax, a new <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/hmrc-penalty-making-tax-digital\/\">points-based penalty system<\/a> has been introduced by HMRC that means automatic \u00a3200 fines are applied if a certain number of points is exceeded in a time frame.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This came into force on 1 January 2023 for MTD for VAT customers, and applies to taxpayers once they&#8217;re mandated for MTD for Income Tax in 2026, 2027 or 2028, depending on their income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But fines and points are just one of your worries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Accounting mistakes also eat your time when they must be corrected. And you don\u2019t want yet more admin tasks on top of what you\u2019re already doing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MTD for Income Tax makes it harder to make mistakes and easier to spot any you do make because of the requirement to send quarterly updates to HMRC. Essentially, you\u2019re checking your accounting data every three months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Perhaps surprisingly, there\u2019s no legal requirement for the quarterly reports to be correct. But it\u2019s obviously a good idea to be as accurate as you can be.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And while your accounting software can only be as accurate as the data you input, MTD-compatible accounting software automates much of the work required to create the quarterly reports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In many cases, it\u2019ll simply be a matter of checking the report and then opting to submit it.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">MTD: Your business survival guide<\/h2>\n\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-d74b8314-e3b1-4385-9b30-51a7de0ca091\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Get MTD for Income Tax: The business survival guide<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/08\/AdobeStock_565116862-1440x810.jpg\" class=\"single-cta__image\" alt=\"A business woman successfully navigating MTD for Income Tax\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/08\/AdobeStock_565116862-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 id=\"hooking-anchor-link\" class=\"wp-block-heading\">4. Working with your accountant could become more effective<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Good-quality MTD for Income Tax software is cloud-enabled and offers an option to connect to your accountant\u2019s systems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This means the accountant can see the same financial data as you do, so can help with the periodic reporting requirements of Making Tax Digital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And depending on your needs, this insight means they can evolve into more of a business partner. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After all, they have the knowledge to examine financial data and vast amounts of experience in businesses of all kinds due to their work with other clients. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your accountant will be able to spot any problems that might arise long before they actually become a problem. And they can spot opportunities for you too.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If nothing else, connecting your accounting system to theirs makes it much easier each January when you need to make the digital tax return for your business(es) or property income, and pay your tax.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And that means you can say goodbye to the days of visiting them with a big box full of paperwork and receipts.<\/p>\n\n\n\n<h2 id=\"bringing-anchor-link\" class=\"wp-block-heading\">5. You&#8217;ll bring new tech into your business and work more efficiently<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Choosing good-quality MTD for Income Tax-compatible software is an opportunity to get the most from technology for the benefit of your business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It would certainly be a mistake to assume that all software solutions are essentially the same. In fact, being able to handle your accounting is just the very basic level for the best accounting software.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Key developments in recent years include artificial intelligence in the form of machine learning. This can make <a href=\"https:\/\/www.sage.com\/en-gb\/sage-business-cloud\/sage-accounting\/features\/bank-reconciliation\/\">bank reconciliation<\/a> much quicker, for example, by automatically matching incoming payments against invoices. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similarly, taking a snapshot of a receipt using your phone can mean the data is captured and inserted automatically into your accounting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All this means you&#8217;ll save time that can be used for other tasks and opportunities, such as freeing up your staff, adding value to your customers, growing your business. and getting your weekends back.<\/p>\n\n\n\n<h2 id=\"the-anchor-link\" class=\"wp-block-heading\">Final thoughts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Adapting to MTD for Income Tax provides you with an opportunity to truly get to grips with your business accounting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019d be wrong to assume this means spending more time on the task. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Quite the opposite is true. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re really managing your business accounting well, you should find the time you spend doing it is reduced.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, the amount of vital information you learn about your business increases.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This allows you to be more agile in your decision making, and means more opportunities can be harnessed, which leads to a stronger business and faster growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Editor&#8217;s note: This article was first published in September 2021 and has been updated for relevance.<\/em><\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">MTD: Your business survival guide<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Your real world guide to using Making Tax Digital for Income Tax in April 2026, April 2027 or April 2028. For sole traders, landlords, freelancers, side-hustlers\u2014and more.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-d74b8314-e3b1-4385-9b30-51a7de0ca091\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Get MTD for Income Tax: The business survival guide<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/08\/AdobeStock_565116862-1440x810.jpg\" class=\"single-cta__image\" alt=\"A business woman successfully navigating MTD for Income Tax\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/08\/AdobeStock_565116862-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to the Sage Advice newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Join more than 500,000 UK readers and get the best business admin strategies and tactics, as well as actionable advice to help your company thrive, in your inbox every month.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-b1a63862-3fa0-4a5e-bb67-c76b88bbc6b8\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1073797282-1-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1073797282-1-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/tag\/business-finances\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tBusiness finances\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/tag\/mtd-business\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tMaking Tax Digital for businesses\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/tag\/need-to-know\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tNeed to know\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/tag\/tax\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tTax\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-31973 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-bookkeeping tag-making-tax-digital-for-vat tag-tax tag-vat business_type-small-business business_type-medium-sized-business card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-642394299-1440x810.jpg\" class=\"card-post__image\" alt=\"Staying on top of business changes\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-642394299-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-642394299-768x432.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-642394299-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-08-17T09:48:05+01:00\">17 August, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">14 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/vat-calculator\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tVAT Calculator: use now to add &amp; remove VAT\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tCalculate VAT quickly and accurately with our free VAT calculator (estimator). Whether you&#8217;re adding VAT to a price or working out the VAT amount included in a total, this tool helps you make the calculation in seconds. It&#8217;s ideal for businesses, sole traders and anyone who needs a simple way to manage VAT calculations.\n\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-31363 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations tag-mtd-business tag-making-tax-digital-for-income-tax business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/mtd-quarterly-updates-listicle\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1207391933-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1207391933-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1207391933-768x432.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2022\/04\/GettyImages-1207391933-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-08-08T09:00:00+01:00\">8 August, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\t10 tips and tricks for your MTD quarterly update\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-31395 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations tag-bookkeeping tag-mtd-business tag-making-tax-digital-for-income-tax business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/mtd-quarterly-updates-supercharge-your-business\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/07\/mtd-tricks-684x384.jpg\" class=\"card-post__image\" alt=\"A small business person working on MTD\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/07\/mtd-tricks-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/07\/mtd-tricks-768x432.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/07\/mtd-tricks-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-08-08T09:00:00+01:00\">8 August, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tHow MTD quarterly updates can supercharge your business. Yes, really.\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-30636 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations tag-mtd-business tag-making-tax-digital-for-income-tax business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/mtd-quarterly-update\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/06\/AdobeStock_737875163-684x384.jpg\" class=\"card-post__image\" alt=\"Man at a desk working through papers on a computer\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/06\/AdobeStock_737875163-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/06\/AdobeStock_737875163-768x432.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/06\/AdobeStock_737875163-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-08-08T09:00:00+01:00\">8 August, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">19 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tMTD quarterly updates: Everything you need to know\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-10168 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-bookkeeping tag-business-finances tag-business-support business_type-small-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-gb\/blog\/accounting-for-startups-entrepreneurs\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2020\/11\/200122_Sage_BridgeHousing3578-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2020\/11\/200122_Sage_BridgeHousing3578-684x384.jpg 684w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2020\/11\/200122_Sage_BridgeHousing3578-768x512.jpg 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2020\/11\/200122_Sage_BridgeHousing3578-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-08-07T15:59:41+01:00\">7 August, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">10 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tStartup accounting: A practical guide for entrepreneurs\u00a0\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discover how MTD for Income Tax helps your business and improves how you do things.<\/p>\n","protected":false},"author":280,"featured_media":9317,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_is_cornerstone":"","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_twitter-image-id":"","_yoast_wpseo_schema_page_type":"","_yoast_wpseo_schema_article_type":"","_sage_video":false,"_yoast_wpseo_focuskeywords":"","_yoast_wpseo_keywordsynonyms":"","_yoast_wpseo_primary_category":"9","post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[9],"tags":[135,30,206,27],"business_type":[4],"lilypad":[],"context":[],"industry":[],"persona":[73,75],"imagine_tag":[77,142,334,727,109],"coauthors":[369],"class_list":["post-10104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategy-legal-operations","tag-business-finances","tag-mtd-business","tag-need-to-know","tag-tax","business_type-small-business"],"sage_meta":{"region":"en-gb","author_name":"Keir Thomas-Bryant","featured_image":"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2021\/04\/GettyImages-723514223.jpg","imagine_tags":{"77":"Accounting software","142":"Making Tax Digital for businesses","334":"Making tax digital for income tax","727":"Self Assessment and Making Tax Digital for Income Tax","109":"Small business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice UK","distributor_original_site_url":"https:\/\/www.sage.com\/en-gb\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/10104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/users\/280"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/comments?post=10104"}],"version-history":[{"count":1,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/10104\/revisions"}],"predecessor-version":[{"id":31622,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/10104\/revisions\/31622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media\/9317"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media?parent=10104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/categories?post=10104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/tags?post=10104"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/business_type?post=10104"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/lilypad?post=10104"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/context?post=10104"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/industry?post=10104"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/persona?post=10104"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/imagine_tag?post=10104"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/coauthors?post=10104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}