MTD Ready · HMRC Compatible

Spend Less Time Filing.
More Time Growing.

MTD compliance doesn't have to be complicated. FinanceBee helps sole traders, landlords and small businesses stay compliant with Making Tax Digital by providing expert guidance and ongoing support. From maintaining accurate digital records and reconciling transactions to managing income sources and submitting MTD updates to HMRC, we make the process simple and stress-free.

We take care of the setup, software implementation and HMRC registration, so you can focus on running your business with confidence. Book a free MTD consultation today and get ready for the future of digital tax.

No switching between software. No manual data re-entry. No compliance worries.

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Trusted, Recognised, Regulated.

HMRC-Recognised

Approved for MTD VAT & MTD for Income Tax submissions

MTD-Ready

Fully compliant with Making Tax Digital Phase 1, 2 & 3

OCR-Powered

Intelligent document capture for receipts, invoices and statements

Secure Bank Feeds

Connect accounts through secure open banking infrastructure

Self-Assessment and MTD: The Real Challenges Facing Businesses Today

Traditional methods and new digital rules both create pressure. Understanding both is the first step to getting ahead.

Traditional Self-Assessment Problems

Still doing things the traditional way? You’re not alone, but it could be costing you time, money and unnecessary stress.

1

Spreadsheets

Familiar and flexible until growing financial data turns simple spreadsheets into costly chaos.

2

Missing Receipts

Small lost expenses add up fast, leaving money unclaimed and tax risks behind.

3

Manual Reconciliation

Hours spent matching transactions manually can lead to errors, stress and financial confusion.

4

Year-End Stress

Last-minute scrambling for records turns tax season into a stressful race against the deadline.

New MTD Challenges

Making Tax Digital Is Here. Is Your Business Ready?

Quarterly Submissions

MTD replaces the annual tax return with four quarterly submissions, demanding consistent, year-round record keeping.

Digital Records

All business records must now be kept digitally, with HMRC-compliant software replacing paper and manual systems.

Transaction Tracking

Every income and expense must be recorded accurately and in real time, with proper categorisation throughout the year.

HMRC Compliance

MTD introduces ongoing reporting duties, with multiple deadlines that require accurate records and continuous compliance to help avoid penalties.

Self-assessment has changed. Simple Setup, No Tech Headache.

FinanceBee is designed to make digital tax submission easy.

Check If You Need Making Tax Digital for Income Tax

Based on HMRC guidance (last updated 26 March 2026). This tool gives an indication only. It does not confirm your legal obligations.

Important: this is guidance, not a definitive answer

Results are an anticipation based on the answers you give. Only HMRC can confirm whether and when you must use Making Tax Digital for Income Tax. Use HMRC’s official checker for authoritative advice, or speak to your tax agent.

1

You

2

Income

3

Tax year

4

Indication

Step 1: Your circumstances

HMRC requires you to be a sole trader or landlord registered for Self Assessment, with income from self-employment or property (or both).

Step 2: Sources of income

Select every source of qualifying income you expect to declare. If you have more than one, include all, as the combined total counts towards the threshold.

Step 3: Tax year and qualifying income

For the tax years ending 5 April 2025, 5 April 2026 and 5 April 2027, consider how much self-employment and property income you expect to receive.

Your answers are not stored or sent anywhere.

Combined self-employment and property income before expenses, as HMRC uses for mandation.

HMRC states you do not need to start MTD until after your first return is submitted.

Step 4: Your indication

This result is not confirmation of MTD obligation. HMRC reviews returns each year and may write to you. It remains your responsibility to check if and when you need to use the service.

What to do next

  • Verify your position using HMRC’s official tool
  • Speak to your tax agent if you have one
  • If you need MTD, choose software and sign up before your start date
  • If you disagree with HMRC, contact them directly
MTD guidance Book free MTD consultation

Exceptional Features That Simplify Every MTD Step.

Everything you need to manage your finances efficiently, with powerful features that simplify financial management and support long-term growth.

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Transaction Reconciliation

Keep your books accurate and MTD-ready. Review, categorise and approve every bank transaction from a single, clutter-free workspace.

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Split Transaction Engine

Easily split a single bank transaction across multiple income streams or expense categories without manual workarounds.

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OCR Receipt and Invoice Capture

Turn receipts and invoices into accurate records in seconds with AI-powered OCR. Just review and approve.

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Bulk OCR Processing

Upload multiple documents at once and let FinanceBee process them in the background into organised records.

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Income Source Management

Assign self-employment, UK property and foreign property income sources with ease for accurate MTD reporting.

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Joint Ownership Support

Define each owner's share once and automatically allocate income and expenses accordingly.

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HMRC Integration

A direct connection to HMRC keeps your MTD status and submission history synchronised automatically.

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TrueLayer Bank Integration

Securely connect bank accounts and automate transaction imports with real-time TrueLayer bank feeds.

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Data Health Dashboard

A live health score highlights uncategorised transactions, missing sources and duplicates before you file.

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User Management and Permissions

Grant role-based access to accountants, bookkeepers and staff while retaining complete control.

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Take control of your finances with tools designed to keep your records accurate, organised and submission-ready.

The Next Generation Platform

Everything you need to stay compliant with Making Tax Digital in one place. From maintaining accurate digital records to managing multiple income sources and meeting HMRC requirements, our platform makes MTD simple.

Sole traders

Self-employed

Ideal for freelancers, consultants, and sole traders who need clear visibility of income, expenses, and tax liabilities.

Property income

Landlords

Perfect for single-property and portfolio landlords who want to keep rental income, expenses, and yields organised.

Shared ownership

Joint Property Owners

Designed for co-owners who share property income and need clarity on each person's share.

Client-ready data

Accountants

Built for accountants who want clean, standardised client data and spend less time chasing missing information.

Growing firms

Small Practices

Ideal for firms managing a growing client base with limited time and resources.

Multiple streams

Mixed Income Taxpayers

Tailored for individuals with multiple income sources, including salary, rental, self-employment, and investment income.

Security & Compliance

Every control is designed to support real accounting workflows, from connecting bank feeds and filing with HMRC to maintaining accurate records and preparing for audits.

Secure Bank Connections

Connect client bank accounts through regulated, read-only channels. No credentials are stored, and every feed is protected with strong encryption and industry-standard security protocols.

Encrypted Data

All financial data, client records, and supporting documents are encrypted in transit and at rest, so ledgers, journals, and reports stay confidential end-to-end.

HMRC Authorisation

File returns via secure, HMRC-authorised connections. Access tokens are managed safely, ensuring only permissioned users can submit on behalf of your clients.

GDPR Compliance

Data processing, retention and access controls are designed to align with GDPR requirements, helping support your responsibilities as a data controller or processor.

Audit Logs

Every sign-in, change, export, and filing is recorded with a timestamp and user identity, giving you a complete audit trail for internal reviews and external regulators.

Secure OCR Storage

Receipts and invoices captured via OCR are stored securely, with access controls and encryption that protect sensitive supplier, client, and transaction details.

Be MTD-ready with Accurate, Real-time Numbers.

Automate reconciliations, reduce manual errors, and give your clients the clarity they expect before month-end crunch hits.

  • ✓ Real-time dashboards
  • ✓ Audit-ready records
  • ✓ Client-friendly reports

Designed for those who want to stay ahead of MTD deadlines.

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Streamline Every Step of MTD, From First Transaction to Final Declaration.

Frequently Asked Questions

Got questions? Find quick answers in our FAQs.

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