Making Tax digital (MTD)

Making Tax Digital (MTD): What It Means for You

Making Tax Digital (MTD) is changing the way tax records are kept and returns are submitted. Whether you’re a sole trader or a landlord, the rules apply differently – but in both cases, it means moving to digital record-keeping and submitting returns directly to HMRC through approved software.

Choosing the right MTD support matters. Get in touch to discuss your options and we’ll recommend the package that best suits your needs.

Essential

Essential for ensuring you meet your MTD for Income Tax obligations, while doing the bookkeeping yourself.

Every month: £50 inc VAT

MTD for Income Tax set up
Xero Software Subscription
Year End Accounts – Personal Tax
Final Declaration

Add-ons – one off

Xero Software Training – £350.00
Fee Protection (Tax Investigation Service) – £20.00

Elevated

An enhanced package giving you more support, where we review and submit your quarterly submissions.

Every month: £75 inc VAT

MTD for Income Tax (Standard Package)
Xero Software Subscription
Quarterly Filings and Submissions
Year End Accounts – Personal Tax
Final Declaration

Add-ons – one off

Xero Software Training – £350.00
Fee Protection (Tax Investigation Service) – £20.00

Enhanced

An elevated package where we take care of the full process for you.

Every month: From £100 inc VAT

MTD for Income Tax (Premium Package)
Xero Software Subscription
Quarterly Filings and Submissions
Year End Accounts – Personal Tax
Final Declaration
Bookkeeping Services (transactions up to 20)
Support from our experienced team

*Bookkeeping Services for transactions above 20 are priced on allocation.

Add-ons – one off

Xero Software Training – £350.00
Fee Protection (Tax Investigation Service) – £20.00

All packages are billed monthly and paid via Direct Debit.

Already decided? help@elsbyandco.co.uk | 01933 312950

Our MTD Packages

For Sole Traders

If you’re a sole trader with income above HMRC’s threshold, you’ll soon be required to:

Keep digital records of your business income and expenses.
Use HMRC-recognised MTD-compatible software to store those records.
Send quarterly updates to HMRC, rather than waiting until the end of the tax year.

This is a big shift from the traditional Self-Assessment process, but with the right systems in place, it can save you time, reduce errors, and give you a clearer picture of your finances throughout the year.

We can help you choose the right software, set up your records, and keep you compliant – so MTD becomes simple, not stressful.

For Landlords

If you’re a landlord earning rental income above the MTD threshold, you’ll also need to:

Keep digital records of your property income and expenses.
Submit quarterly updates to HMRC through approved software.
File an end-of-year finalisation to confirm your tax position.

Even if you only have one property, MTD still applies once your rental income crosses the threshold. For landlords managing multiple properties, moving to digital records can actually make life easier, helping you track income, expenses, and profits property-by-property.

We’ll guide you through the process, recommend software that suits landlords, and make sure your submissions are done right and on time.

MTD - VAT

Making Tax Digital (MTD) makes it easier for businesses and individuals to record and declare tax to HMRC. Under the new rules, HMRC require eligible businesses to record transactions digitally and submit VAT returns to HMRC using compatible accounting software.

Discover more

MTD – Income Tax Self-Assessment

Making Tax Digital for Income Tax also known as MTD for Income Tax Self-Assessment (MTD ITSA) will change the way millions of business owners and landlords report their earning to HMRC, in essence, making it easier for businesses and individuals to record and declare their tax.

Discover more

Ready to Get MTD-Ready?

Whether you’re a sole trader or landlord, our team can take the stress out of Making Tax Digital.

Contact us today to find out how we can support you with software, training, and ongoing compliance.

Speak to the team

    
 
 
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    Simon Tilley 
 09/09/2026
 
 
  Great service from Katie and the team at Elsby. Would highly recommend!
  
 
      Posted on Google  
    Katie Platt 
 14/08/2026
 
 
  Fabulous company, everyone is so helpful and professional! Special mention to Louise and Chrissy on the admin team, they are so efficient and hard working
  
 
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    Josh Edwards 
 07/08/2026
 
 
  Following on from my last review, I would also like to extend my sincere thanks to Louise, Katie and Lynda, who have all worked tirelessly to get my company’s accounts back on track. It really does show that teamwork makes the dream work. Once again, all of the team are only a phone call away and are always proactive, knowledgeable and efficient when dealing with any queries or issues. Their professionalism, dedication and support have been outstanding, and I can’t thank them enough.
  
 
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    NICESHOUT. DESIGNED FOR LIVES 
 05/08/2026
 
 
  Brilliant accountants. Really helpful, friendly and  very efficient. Got back to me really quickly. I dealt with Dominic and he was brilliant. Fully recommend.
  
 
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    Joshua Edwards 
 03/08/2026
 
 
  I can’t recommend Elsby & Co highly enough. They have helped get my business back on track and ensured everything is in order and on the right side of HMRC. Nothing is ever too much to ask, and the service has been outstanding from day one. Jamie (my account manager)is always at the end of the phone to answer any questions, no matter how big or small, and his advice has been invaluable in helping me run my business with confidence. If you’re looking for an accountant who is professional, approachable, and genuinely cares about your business, I wouldn’t hesitate to recommend Elsby & Co.
  
 
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    A. Hooton 
 30/07/2026
 
 
  I can’t praise Elsby accountancy enough. An excellent highly professional service with clear communication, reliability and friendliness. My special appreciation goes to James Fairweather who leaves no question unanswered with his astonishing knowledge and ultra fast responsiveness . I couldn’t be in better hands and have total peace of mind. Highly recommended !
  
 
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    Russ Edwards 
 29/07/2026
 
 
  Great Company, knowledgeable, very professional, prompt, super helpful, nothing seems to much trouble, I would highly recommend them.
  
 
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    natasha arnold 
 29/07/2026
 
 
  Elsby have been doing my tax returns for nigh on 10 years and from the start they were so helpful with both advice and tips to ensure my return was both comprehensive and accurate. They have saved me the hours of work preparing my tax return that makes me so relieved that I would pay any price; Their charges are great, given how consistently reliable they are. Can  highly recommend their services.
  
 
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    Mark Ferguson 
 27/07/2026
 
 
  Having recently moved More Fire PR Ltd across to Elsby & Co, I've been extremely impressed with the service I've received. Claire, Harry and the team have been responsive and proactive throughout the transition, taking the time to explain the reasoning behind their advice rather than simply processing accounts. They've helped streamline payroll, improve our tax planning, introduce Xero and provide much greater visibility of the business finances. No question has been too much trouble, and I've always received clear, prompt and professional responses. As a business owner, it's reassuring to have accountants who genuinely act as trusted advisers rather than just year-end compliance specialists. I'd have no hesitation in recommending Elsby & Co to other owner-managed businesses.
  
 
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    S RC 
 12/06/2026
 
 
  I've been suing Elsby & Co for a number of years and I've found the the perfect match for my tax affairs.
  
 
  
  
 
 
   Google rating score: 5.0 of 5, based on 121 reviews

Making Tax digital (MTD)