HMRC now requires sole traders and landlords earning over £50,000 to file quarterly. Four times a year instead of one. If you’re not across it yet, this is the conversation to have.
ACCA Certified Firm
We’re a Xero Silver Partner with hands-on MTD ITSA experience. We’re not learning this alongside you. When your quarterly update goes in, it goes in clean.
Xero will not ask whether your rental income is correctly split, or whether a side consultancy you started mid-year needs its own quarterly stream. We do. That’s the difference.
We’ve been doing this in the UK for 14 years. MTD is the same work, filed more often.
Association of Chartered Certified Accountants
MTD ITSA submission experience
Accredited accounting software partner
GDPR Compliant — data handled securely
Verified Trustpilot reviews from clients
Companies House No. 08103572
From onboarding your accounting software to filing your Final Declaration — every part of MTD compliance is covered in one arrangement.
Via Xero (Silver Partner), QuickBooks, and FreeAgent — migration from spreadsheets handled from day one.
All four income and expense summaries per tax year — filed clean, on time, every quarter without exception.
EOPS preparation and filing required before your Final Declaration — included in every arrangement.
Your annual Final Declaration submitted with full accuracy checks — your tax position confirmed and filed.
Full self assessment support for all income sources — employment, property, dividends, and more.
We handle HMRC letters, enquiries and compliance reviews directly. You don't engage with HMRC alone.
Planning conversations throughout the year — not just when a January deadline is approaching.
“Very good accounting firm and very efficient service. I have been with them for several years and I know they will always sort out my tax returns properly and resolve promptly any issues raised by HMRC.”
“Easily the best accounting firm I’ve ever worked with. They are friendly, responsive, accessible, and entirely hassle-free.”
“It’s been 7 years with Legend Financials. I never had any complaints. Always available whenever I have any questions.”
The most common questions we get from self-employed clients and landlords navigating Making Tax Digital for the first time.
Book a free 15-minute MTD consultation. We’ll check your threshold, recommend the right software, and give you a straight answer.
No. But it’s worth asking them directly: are your MTD quarterly submissions included in your current fee? If they can’t confirm it, you have your answer.
Not yet. If you’re between £30,000 and £50,000, you join in April 2027. Starting your software setup now rather than waiting saves you a scramble next year.
Submissions must go through HMRC-approved software. The most used are Xero, QuickBooks, and FreeAgent. We’re a Xero Silver Partner with specific experience in MTD ITSA submissions through Xero. We’ll recommend the right fit for your setup and handle the onboarding from day one.
Yes. You’ll need separate quarterly updates for each income stream. It’s one of the more common MTD scenarios that trips people up with DIY platforms. Worth getting an advisor across it early.
In 2026/27, HMRC has a soft landing in place: no penalty points for missing quarterly updates in the first year. Penalties for late Final Declarations and inaccuracies apply from day one, though. From April 2027, the full points system applies: four late submissions in a rolling 12 months triggers a £200 fine, with a further £200 for each miss after that.
Book a Free 15-Minute MTD Consultation. We’ll check your threshold, recommend the right software, and give you a straight answer on where you stand.
Legend Fusions Limited | Registered in England and Wales | Companies House No. 08103572
Registered Office: Citygate House, 246–250 Romford Road, London, E7 9HZ