From April 2026, businesses and landlords with over £50,000 must comply with Making Tax Digital (MTD) for Income Tax. This means using HMRC-approved software to keep digital records and send quarterly updates to HMRC instead of filing a self-assessment tax return.
At Watson Knipe, we understand that change can feel overwhelming, especially involving financial systems. That is why we are here to help you choose the right software and guide you through setting it up, ensuring it works for the way your business runs.
HMRC has published a list of software providers that are compatible with MTD for Income Tax. These tools allow you to:
Here is a selection of the currently approved software:
This list includes a mix of cloud-based and desktop options and tools suited to sole traders, landlords, and limited companies.
Watson Knipe works with businesses across a range of sectors to identify the software that best suits their needs and level of experience. Whether you need simple invoicing and expense tools or more advanced accounting features, we can help you choose, implement, and learn to use your software confidently.
With April 2026 approaching fast, now is the time to explore your options and get comfortable with digital record keeping. Switching early means fewer last-minute stresses and more time to focus on running your business.
If you are unsure where to start or want to review your current setup, contact the Watson Knipe team. We are here to make the transition smooth, straightforward, and future-ready. You can call us on 01623 490 120 or email This email address is being protected from spambots. You need JavaScript enabled to view it.
Haidee is our Personal Tax Director and is a fully qualified tax adviser, having achieved the ATT qualification in 2006. Tax efficiency being her main concern. Specialising in taxation, Haidee provides clients with advice on personal tax, PAYE services, VAT and social security. She also provides guidance to new start-up businesses.
Call us today on01623 490120
or email info@watsonk.co.uk
When you first start a business, your focus is usually on attracting customers, generating sales and building a successful company. Few business owners spend much time thinking about how or when they will eventually leave the business.
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