Accounting

Making Tax Digital · South London

Making Tax Digital accountants in Fieldway

Making Tax Digital for sole traders, landlords and VAT-registered businesses in Fieldway: we confirm your start date, set up compatible software for £99, and submit the quarterly updates from £35 a quarter. The fee is published and the same in Fieldway as in every other part of England, with nothing sent to HMRC until you approve it.

from £99 · fixed setup, then from £35/quarter

Next deadlines

  • MTD quarterly update deadline (7 August, 7 November, 7 February, 7 May)
  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month
  • VAT return and payment for the quarter that ended last month

Who this is for

Making Tax Digital for Fieldway

Sole traders and landlords in Fieldway with qualifying income over £50,000 who are already in MTD for Income Tax, those over £30,000 joining in April 2027 and £20,000 planned for April 2028, VAT-registered businesses still filing from spreadsheets or non-compliant software, and anyone who received an HMRC letter about digital record keeping and wants it handled rather than explained.

What is included

Everything inside the fixed fee

  • Your MTD start date confirmed from your 2024/25 qualifying income and HMRC's phased thresholds
  • MTD-compatible software chosen, set up and connected to HMRC with digital links from bank feeds
  • Digital record keeping configured so every transaction meets the requirements without re-keying
  • Quarterly updates submitted to HMRC by the 7th following each quarter, from your reconciled records
  • The year-end final declaration prepared and filed in place of the traditional Self Assessment return
  • MTD for VAT setup and the first return filed for businesses still on spreadsheets or old software

How it works

Making Tax Digital from Fieldway, step by step

  1. Tell us your situation

    A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.

  2. Fixed fee in writing

    You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.

  3. Send records, review the draft

    Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.

  4. We file, you get the receipts

    Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.

Why IGI

What you get in Fieldway

One fixed fee for making tax digital in Fieldway, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

Nothing for Fieldway is left to the last week. Each deadline relevant to making tax digital is tracked from the day you join, with the next four shown on every page we send you.

We serve Fieldway remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for making tax digital.

A named person handles your making tax digital from Fieldway and knows the file, so you are not re-explaining your business to a different helpdesk each time.

We explain making tax digital in the words Fieldway business owners use, not in accountant's shorthand, and we show our working so you can check it.

Nothing is filed for Fieldway until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.

Local facts

About Fieldway

Fieldway is in South London, within Croydon, in the CR0 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.

Nearby places we also serve for making tax digital
PlaceDistanceDirection
Addington, Croydon0.7 miNW
New Addington0.8 miS
Forestdale0.9 miW
Nash, Bromley1 miE
Spring Park1 miNW
Coney Hall1 miNE
West Wickham2 miN
Hayes and Coney Hall2 miNE

Worth knowing

Rules that come up in this work

Dormant companies

Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.

The trading and property allowances

The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.

Employer National Insurance

Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.

Workplace pensions and auto-enrolment

Auto-enrolment duties begin the day you take on your first employee, not when the Pensions Regulator writes to you. Eligible staff must be enrolled, contributions paid every pay period and re-enrolment carried out every three years. Director-only companies without employment contracts are usually exempt. Fines for non-compliance are fixed and escalating.

Record keeping

HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.

Allowable expenses

The expenses sole traders most often miss are home working costs, claimed by actual proportion or HMRC's flat rate, the business share of phone and internet, mileage at 45p for the first 10,000 business miles, and training that maintains existing skills. The ones most often claimed wrongly are commuting, entertaining customers and clothes that could be worn outside work.

Crypto records and reporting

HMRC treats cryptoassets as property. Swapping one token for another, spending crypto or gifting it are all disposals for Capital Gains Tax, and staking and lending rewards are income. Gains are computed under pooling rules with same-day and 30-day matching. From 2026 HMRC receives data from exchanges worldwide under the Cryptoasset Reporting Framework, so unreported activity is increasingly visible.

Questions

Making Tax Digital questions from Fieldway

What is in a quarterly update?

Totals of income and expenses for the quarter by category, taken straight from the digital records. No accounting adjustments, no tax calculation and no payment. The updates are cumulative, so an error in one quarter is corrected in the next. From £35 a quarter we prepare, review and submit each one from your records.

Does MTD change when I pay tax?

No. Payments on account remain due on 31 January and 31 July, and the balancing payment on 31 January after the tax year. HMRC shows an estimated liability after each quarterly update, which is useful for setting money aside, but it is not a demand.

What are the penalties under MTD?

A points-based system: one point for each late quarterly update or declaration, and a £200 penalty once you reach four points, with the count resetting after a period of compliance. Late payment penalties start at 3% after 15 days. The first year has been described by HMRC as light-touch, but points still accrue.

I am a landlord with a job. Does MTD apply to my rental income?

Yes, if your gross rental income, added to any self-employment income, exceeds the threshold for your start year. Employment income does not count towards the threshold but is reported in the final declaration. Jointly owned property has simplified rules allowing the income-only reporting of your share each quarter.

When does Making Tax Digital for Income Tax apply to me?

It depends on your gross self-employment plus property income on your 2024/25 return: over £50,000 means you joined from 6 April 2026; over £30,000 means 6 April 2027; over £20,000 is planned for April 2028. Below £20,000 there is currently no requirement. We check your figures and confirm the date in writing.

What do I actually have to do under MTD for Income Tax?

Keep records of income and expenses digitally in compatible software, send HMRC a quarterly update summarising them by 7 August, 7 November, 7 February and 7 May, and submit a final declaration with any adjustments and other income by 31 January. The tax payment dates are unchanged.

Which deadlines matter most for making tax digital?

The next four dates that apply to making tax digital are shown at the top of this page, calculated from today. For Fieldway clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.

How do I get started from Fieldway?

Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for making tax digital. Once you confirm, we tell you exactly which records to send and the work begins. Most Fieldway clients are set up within a day.

One message from Fieldway, one fixed price

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote