Making Tax Digital Services Nottinghamshire
Stopfords can help clients meet their Making Tax Digital (MTD) obligations
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.
Our comprehensive MTD service offerings
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
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.
Get a free consultation
We understand the importance of building working relationships with our customers. Establishing a common understanding of your business goals and building trust is of paramount importance to us, which is why we offer all our new customers a free no obligation consultation. Come down and meet the team and have a conversation with the people that you can trust to help your business flourish.
The Stopfords Difference
Our goal is to provide a personal and professional approach together with a reliable and dedicated service to our clients. As a result, we have developed an excellent reputation in Nottinghamshire & Derbyshire. We combine traditional values, forward thinking and the latest accountancy software to deliver an exceptional service to our clients.
We are committed to transparency and quality, which is why we operate under a few core principles:
- Fixed fees
- Fast & efficient
- Free initial consultation
- Free annual review
- Talking your language
- Exceeding expectations
