Making Tax Digital

Quick Start

• Each quarter, you need to submit income and expense totals to HMRC covering the tax year-to-date. The income and expense categories that must be used are set by HMRC.
• Press the button below to copy the required categories relevant to your business, then paste them into a new tab in your spreadsheet and link the totals to these categories.
• At the end of each quarter, just upload the sheet with the totals to TaxUpdates and submit it to HMRC.
• Self Employment UK Property Foreign Property
• If you don't already have your own spreadsheet, you can use the relevant sample spreadsheet. The spreadsheets also give further details relating to what is required in the updates, so take a look at the relevant spreadsheet if you are unsure.

• Sample Spreadsheets

  Self-Employment UK Property Foreign Property Self-Employment with VAT

Year-End

• Final Declaration

  TaxUpdates can be used to submit details of other income, gains and reliefs to HMRC.
• Once all information has been submitted, a Final Declaration is made.
• There is no need to also submit a self-assessment tax return, the Final Declaration closes your tax position for the year.

Deadlines