Making Tax Digital Services
At 6 Wands, we help businesses, sole traders and landlords prepare for Making Tax Digital with practical support, compliant software and straightforward advice. From our bookkeeping services for small businesses and SMEs, we already support clients with accurate record-keeping, cloud-based tools and ongoing finance admin that helps create a strong foundation for digital tax reporting.
We work with clients in Halesowen and across the UK to move records, submissions and reporting into an MTD-ready digital system that suits the way they work. If you already use cloud bookkeeping software and accounts support, we can help adapt that setup so it supports compliant MTD processes as your obligations change.
Whether you currently use paper records, spreadsheets or digital tools, our team can help you understand what applies to you, what needs to change, and how to stay compliant without adding unnecessary admin. We also support clients who already rely on VAT and taxation services and now need their reporting process to work more efficiently through compatible software.
What is Making Tax Digital?
Making Tax Digital, often shortened to MTD, is HMRC’s move towards digital tax reporting. It means keeping certain tax records digitally and sending tax information to HMRC using compatible software rather than relying on paper records or manual processes.
For many businesses, this begins with VAT Making Tax Digital support, while self-employed individuals and landlords may also need to prepare for digital Income and expenditure Tax reporting. If your records are not yet organised digitally, our bookkeeping services can help put the right structure in place.
Who Making Tax Digital Applies to
VAT-Registered Businesses
If your business is VAT registered, you must keep digital VAT records and submit VAT returns through MTD-compatible software. Businesses already using 6 Wands for VAT planning, administration and VAT returns can use that support as the starting point for a more compliant digital process.
For many companies, this means reviewing how invoices, expenses and VAT data are handled, then improving the flow between your records and your filing system. Our cloud bookkeeping service can support that move if you want a more efficient day-to-day process.
Self-employed Individuals and Landlords
The MTD also impacts people who are self-employed and those who rent out property above the relevant Income Tax thresholds. Affected taxpayers will be required to maintain digital records and submit quarterly reports by means of compatible software with end-of-period reports as well as at year-end.
If you already need Self Assessment tax return help, this is often a good time to review how your income and expense records are captured throughout the year so you are better prepared for quarterly reporting.
Who Making Tax Digital Applies to
VAT-Registered Businesses
If your business is VAT registered, you must keep digital VAT records and submit VAT returns through MTD-compatible software. Businesses already using 6 Wands for VAT planning, administration and VAT returns can use that support as the starting point for a more compliant digital process.
For many companies, this means reviewing how invoices, expenses and VAT data are handled, then improving the flow between your records and your filing system. Our cloud bookkeeping service can support that move if you want a more efficient day-to-day process.
Self-employed Individuals and Landlords
The MTD also impacts people who are self-employed and those who rent out property above the relevant Income Tax thresholds. Affected taxpayers will be required to maintain digital records and submit quarterly reports by means of compatible software with end-of-period reports as well as at year-end.
If you already need Self Assessment tax return help, this is often a good time to review how your income and expense records are captured throughout the year so you are better prepared for quarterly reporting.
What Changes for Your Records and Submissions
Making Tax Digital changes both how records are kept and how information is submitted. In practice, this usually means moving away from disconnected manual processes and towards a clearer digital workflow supported by bookkeeping and cloud accounting services.
Businesses and individuals affected by MTD may need to:
- Keep digital records of income and expenses.
- Use MTD-compatible software.
- Submit VAT returns digitally through compliant software, often alongside existing VAT returns support.
- For MTD for Income Tax, send quarterly updates and complete end-of-period statements through software.
At 6 Wands, we help make these changes manageable by setting up the right process from the start and supporting you with the ongoing admin through linked bookkeeping support and digital accounting systems.
Software and Digital Tools We Support
We support businesses that are moving from paper systems, older spreadsheets or manual bookkeeping into a more efficient MTD-ready setup. Our existing bookkeeping service for small businesses and SMEs already includes work with a range of accounting systems and cloud-based apps, which fits naturally with MTD preparation.
Where appropriate, we can help you move to cloud bookkeeping software, improve your digital record-keeping, or continue using spreadsheets in a compliant way with the correct digital links and API-enabled processes. The aim is to create a setup that works for your business while also supporting compliant VAT Making Tax Digital.
How 6 Wands Helps Different Client Types
VAT-Registered Limited Companies and SMEs
We help VAT-registered limited companies and SMEs maintain digital VAT records, manage compliant submissions and improve the link between bookkeeping, sales systems and reporting. Businesses already using our bookkeeping services for SMEs or VAT services can extend that support into a more joined-up MTD process.
We can also support management accounts, regular bookkeeping cycles and digital submissions so compliance and visibility improve together.
Sole Traders and Freelancers
For sole traders and freelancers, we help set up a simpler way to capture income and expenses throughout the year. This may include cloud bookkeeping support, app-based expense capture and better digital record keeping so quarterly submissions are easier to manage.
If you normally leave tax admin until the year end, support with Self Assessment tax returns and ongoing bookkeeping can help reduce pressure and avoid a January bottleneck.
Landlords
We assist landlords in preparing for quarterly reporting needs, organising digital property records, and, if necessary, distinguishing property income from other income. If your records are currently not in order, our bookkeeping support can help you to establish a more organised system for future compliance.
Where landlord income forms part of your wider personal tax position, we can also align this with broader tax return support.
Getting Ready
A practical checklist for Making Tax Digital:
- Check whether MTD applies to you, based on your VAT status, business income and whether you are self-employed or receive property income.
- Review your current bookkeeping and cloud accounting software to confirm whether it is MTD compatible.
- Move your records into a digital system with support from our bookkeeping team and tidy historic data where needed.
- Put digital links in place between spreadsheets and your main software if you are not moving entirely to cloud accounting.
- Agree with 6 Wands who will manage your VAT returns, quarterly updates and final submissions.