What is Making Tax Digital (MTD) and who needs to comply?

Making Tax Digital is HMRC’s initiative to modernise the UK tax system. From April 2026, self-employed individuals and landlords earning over £50,000 must keep digital records and submit quarterly updates. Those earning between £30,000 and £50,000 must comply from April 2027.

How can Stopfords help me with Making Tax Digital?

At Stopfords, we provide a full Making Tax Digital service across Nottinghamshire. Our team can set up your digital record-keeping system, recommend suitable HMRC-approved software, and manage your quarterly submissions so you stay fully compliant and stress-free.

What software do I need for MTD compliance?

You must use MTD-compatible software approved by HMRC. Stopfords works with leading platforms including Xero, QuickBooks, Sage, FreeAgent, Bridging Software, and Landlord Studio. We’ll help you choose and set up the best option for your needs.

Will Making Tax Digital affect landlords?

Yes. Landlords with rental income that contributes to a total turnover above £50,000 (including self-employed income) must follow MTD rules from April 2026. Stopfords can set up suitable software like Landlord Studio to make the process easy.

What happens if I don’t comply with Making Tax Digital?

Failure to comply can lead to penalties for late or incorrect submissions. Stopfords helps you stay compliant, avoid fines, and meet every HMRC deadline with confidence.

How soon should I prepare for Making Tax Digital?

Now is the perfect time. Early preparation means less disruption later and ensures your systems, software, and staff are ready before the April 2026 deadline.

Making Tax Digital Services Nottinghamshire

Stopfords can help clients meet their Making Tax Digital (MTD) obligations

Our team can help by guiding you through digital record-keeping, quarterly submissions & software adoption, making compliance smooth, efficient, and stress-free.

Call us - 01623 420 269

What MTD Means for you

Mandatory digital record-keeping:
From April 2026, those individuals who are self-employed and / or landlords earning over £50,000 must keep digital records. They must also submit quarterly updates to HMRC. Those earning £30,000–£50,000 join in tax year April 2027.
For example:
If you have a self-employed turnover of £45,000 and Rental Income of £9,000. The total turnover from both is over £50,000 and you will be required to register for MTD.

Quarterly submissions:
Instead of one annual tax return. Businesses and individuals caught must send updates every three months plus a final declaration. What is currently the self-assessment tax return. Where additional information such as bank interest, dividends, pension contributions will be added.

Software requirement:
HMRC-approved MTD-compatible software must be used to record and submit the quarterly data and final declaration.

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Our comprehensive MTD service offerings

Digital Setup & Training

Review of your current accounting system and software usage (if applicable) to ensure that you’re compliant with HMRC’s requirements.
Discuss and recommend the right software for your needs and implement HMRC-recognised software, ie, cloud accounting platforms such as Quickbooks, Xero, Sage, FreeAgent, Bridging Software and particularly for Landlords, Landlord Studio.
Provide training so your team feels confident using digital tools.

Compliance Checklists & Templates

Create clear, reusable guides for quarterly submissions.
Offer visual explainers to simplify complex rules—perfect for landlords, sole traders, and small businesses.

Tailored MTD Service Pathways

Stopfords can offer full outsourcing (Stopfords handles everything), all you have to do is get your records to us on time on a monthly basis.
Flexible options ensure every client gets the right level of help.
A central point of contact with the Stopfords Team who will be able to guide you with the transition to quarterly filing.

Strategic MTD Advice

Beyond compliance, Stopfords can show you how digital tools improve cash flow visibility, forecasting, and decision-making.
Stopfords can help you see MTD as an opportunity to modernise your finances, rather than just an admin burden.

Why our MTD compliance services matters

Making Tax Digital for Income Tax (MTDfIT) is one of the most significant changes within the UK / Accounts industry for a number of years and at Stopfords we are taking a proactive approach to not only ensure that you meet your compliance requirements but also help you grow your business using the new digital software that is available.

Avoid penalties: Late or incorrect submissions can lead to fines.

Future-proofing: MTD is part of HMRC’s wider push to digitalise tax, so early adoption reduces disruption later.

Client confidence: With Stopfords’ support, can focus on running your business rather than worrying about compliance.

Frequently Asked Questions

Google Reviews

What our customers think

4.8

From 19 verified Google reviews

Sarah Angell

4 months ago

Stopfords have serviced our accounts for 20 plus years. They are knowledgeable patient and extremely helpful and we have been able to have an excellent relationship with all members of the team specifically Phil Nicholson and Tricia Cutts who go above and beyond to make sure our small business and personal affairs run smoothly. We would definitely recommend their services

Mike

7 months ago

These wasn't our first accountants so we do have others to compare against and I must say Stopfords are excellent accountants. They are always available to help with any queries and go above and beyond to make you feel at ease with your financials. We have annual meetings with Rebecca Mitchell which I look forward to as she explains everything in detail if required. I do also prefer how she prints the information out so you can see it clearly and have a copy yourself if required. Would and do highly recommend Stopfords to anyone thats looking for an accountancy service or even just excellent reliable advice.

Tom Barber

10 months ago

We have worked with Stopfords for several years. Wouldn't hesitate to recommend. Highly professional and a friendly team to work with.

Caroline

10 months ago

Throughout the last 19 years, we have relied upon the professional services provided by Stopfords. During this time, we have been able to focus on our business growth whilst the amazing team at Stopfords have handled our payroll, company and personal tax affairs. We always love our visits to Stopfords and the support of such lovely people helps us enjoy what we do even more! We would highly recommend the services of Stopfords, a company you can trust and have complete confidence in.

Dr. Chloe Wilson

11 months ago

I would 100% recommend anyone and everyone to work with Stopfords. Their team are so kind, super efficient and easy to work with. It’s my first year running my own business and they have helped me in so many ways.

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What our clients say

★★★★★
“Stopfords provide excellent support and consistently fast response times. They make our accounts process straightforward and stress-free, and we always receive quick, reliable advice when we need it. I would definitely recommend them.”
Melanie Wardle – ADM Windows Ltd

★★★★★
“Stopfords provide a reliable and high-quality accountancy service, with a strong focus on support and guidance around business finances. Their team excels in account management and consistently delivers excellent service. I would absolutely recommend them.”
Anonymous

★★★★★
“As a new company, we really valued the guidance Stopfords provided in helping us navigate the accountancy side of the business. Their support with both our accounts and software processes has made a huge difference. They are always available to answer questions and provide help and have truly taken the stress out of running our business. I would definitely recommend them.”
Sarah Saunders – ALLRAC Limited

★★★★★
“Stopfords provide accounts and payroll services for our business, and what stands out most is their calm, reassuring approach. Any issues are handled quickly and with ease. They have completely taken the stress off my shoulders — without their support, our business wouldn't exist. The payroll service in particular is excellent, and the team are always kind and extremely helpful. I wouldn't hesitate to recommend them.”
Firecrest UK Ltd

★★★★★
“Stopfords handle our full monthly and yearly accounts along with payroll, providing a 'big brother' level of support that gives real peace of mind. They treat our finances as if they were their own, always offering guidance and support, which creates a strong sense of security. The service is outstanding — we'd rate their support 10 out of 10 and wouldn't hesitate to recommend them.”
Onesite (Laser) Limited

★★★★★
“Stopfords provide accounting and payroll services for us, and their customer care is excellent. They respond promptly to queries and always offer brilliant support and advice when required. Their guidance gives us reassurance that we are on track and managing our finances efficiently. The support we receive — particularly with audited accounts and AGM attendance — is outstanding. We would absolutely recommend them.”
North Notts BID Ltd

★★★★★
“We've worked with Stopfords for over 20 years, and they continue to provide a full range of accountancy and advisory services, including accounts, tax, payroll, and day-to-day business support. What sets them apart is their personal approach — the team genuinely understands our business and is invested in our success. Their proactive guidance saves us time, reduces unnecessary costs, and removes the stress of managing finances, allowing us to focus on running the business. The support is always friendly, reliable, and professional, and I would absolutely recommend them.”
Mick Burns, Managing Director – Kinetic ICT Solutions Ltd

★★★★★
“Stopfords provide a wide range of services for us, including statutory filings, annual accounts, payroll, and VAT support. What stands out most is their responsiveness and the clarity of their advice — they always explain things in a way that's easy to understand. They ensure everything is handled accurately and on time, allowing us to focus on running the charity without worrying about compliance risks or delays. Their attention to detail and strong understanding of regulations gives us total confidence. The team are professional, reliable, and approachable, and we feel genuinely supported rather than just processed. We would recommend them without hesitation.”
Rumbles Catering Project Ltd & associated CICs

★★★★★
“We've worked with Stopfords for over 20 years, and throughout that time they have consistently delivered a thorough and professional service. They support us with accounts, payroll, and personal tax, taking the stress out of year-end processes and ensuring everything runs smoothly. Their team is always first-class, and their support makes managing our finances much easier. We've recommended them on several occasions and would continue to do so — they are an excellent choice for any business looking for reliable accountancy support.”
Wood Lane Timber Merchants Limited

★★★★★
“I've worked with Stopfords for around 20 years across three different companies, and they've consistently provided outstanding support. Their services have included annual accounts, audits, payroll, and both personal and company tax support. The team are knowledgeable, friendly, and always willing to help, explaining things clearly while offering practical advice and suggestions for improvement. They have a genuine, family-business feel and truly care about supporting their clients. Whenever I've had questions or challenges, there has always been someone available to help, and their recommendations are always trustworthy. It's invaluable to have that level of support and reliability. I wouldn't hesitate to recommend them — the whole team are a pleasure to work with.”
Kelly – Solus Scientific Solutions Limited

★★★★★
“We have always found the staff very friendly and helpful, very professional, nothing is too much trouble. All knowledgeable and up to date, especially when its Budget time. We used services for payroll, accounts and John's self assessment. We think Stopfords are tip top, 5* My wife first worked with Stopfords back in the early 1990's whilst employed by her 2 previous bosses. It felt a natural progression when starting our own business to call upon the advice, service and support from Stopfords.”
John Corrigan