Making Tax Digital

In-Year Updates

• Use either the provided spreadsheets, or your own spreadsheets or software, to categorise business income and expenses. Data is uploaded in csv format, which means you can use any spreadsheet application that you're used to - they all allow you to download a csv file.
• The categories used must match those required by HMRC. To get started quickly just click on the button for your business-type to copy the relevant categories, then paste them into your spreadsheet.
• Self Employment UK Property Foreign Property
• At the end of each quarter, upload the summary of your income and expenses and submit it to HMRC. The summary needs to show the tax-year-to-date total for each category.
• Sample Spreadsheets If you're not using your own spreadsheet, use the relevant sample sheet. Each opens in a new tab:
• Self-Employment UK Property Foreign Property Self-Employment with VAT

Year-End

• Other Income This site can be used to submit details of other income, gains and relevant information to HMRC at the end of the tax year.
• Final Declaration Once all information has been submitted, a Final Declaration is made.
• Self-Assessment There is no need to also submit a Self-Assessment tax return to HMRC, the Final Declaration closes your tax position for the year.