Making tax digital - Bridging app

@GreenStonesUK But keeping spreadsheets is perfectly acceptable for MTD!

Still running your business accounts on spreadsheets and paper receipts? Making Tax Digital is pushing everything towards digital systems. The real question is… are you ready? We’ve written a quick blog to help business owners think it through 👇 greenstones.co.uk/making-tax-dig…

@christianlmiles @landlord_secret This is why you should stick with spreadsheets and bridging software. Your data is always kept locally and not stored anywhere. mtd.tax

@landlord_secret This is the other issue - you are ‘effectively’ tied in (yes you can export data… but it’s a pain) when I moved to MTD for VAT I ended up recording everything twice - once in quick books for submission and again in my own system… more admin work and paying to submit

Making Tax Digital is Making Tax Difficult - it's a nightmare for landlords. Plus HMRC’s new system will be more complicated and expensive – and the timing couldn’t be worse telegraph.co.uk/money/property…

@BusinessMoney Crazy. Just use a spreadsheet 🤷🏼‍♂️ mtd.tax

200k landlords and sole traders ‘face up to 10%’ cost hike as Making Tax Digital looms business-money.com/announcements/…

@and62587 @Marsmite @AcademicAgent_X We provide spreadsheet templates with a 1 click import to submit to MTD. It’s taken a year to build our bridging app, so not free, but only £40/year. Here’s our templates: mtd.tax/templates

@Marsmite @AcademicAgent_X Untrue. On the client side you need to structure your data to fully meet the standard, as a single file. If you use excel for your accounts, that's fine but you'd still have to fudge it around to transfer required structure. HMRC don't want you doing that and with good reason.

I'm absolutely appalled by the fact that HMRC now requires COMMERCIAL software to fill out tax self-assessment. What's wrong with Excel? Or how about offer it from the Government website? What a disgusting decision by the government. So angry.

@DavidWa28957772 @handglider3691 @toadmeister Don’t fret. It’s not 5 self assessments. It’s a simple snapshot of income/expenditure totals. You can do it all from a spreadsheet: mtd.tax

@handglider3691 @toadmeister You will under Making Tax Digital, being phased in from this year, look it up, I'm in the same boat.

Mass immigration and the ethnographic transformation of Britain is one factor in why Lionel Shriver fled to Portugal. But the final straw was HMRC's maddening new requirement to file tax returns five times a year. dailysceptic.org/2026/03/01/why…

@taxilez @pimlico111 Correct. You can make simple submissions from a spreadsheet: mtd.tax

@pimlico111 My accountant said it doesn’t matter on the quarterly cos you still have the year end return

This making tax digital.. Has its complications. Because income via Apps/credit cards are put into your account As net..but HMRC want gross. I suppose it will all work out,in the end.. But quarterly’s need to match end of year.

@pimlico111 @BlowLane41453 Do it from a spreadsheet. Just submit some figures each quarter then have your accountant do your end of year. mtd.tax

@BlowLane41453 I’ll have to see what the MTD software allows.. Otherwise it’s going through the accountant and paying increased fees

@pimlico111 @MRLEERULE @MRLEERULE is right. Each submission is just a snapshot of income/expenditure, and each one overwrites the previous one. Only the last is used for your tax calculation. Accountants are making a meal of this! Do t pay stupid fees for a basic submission: youtu.be/2SADy2_u0vI

@MRLEERULE This year it doesn’t,there’s no penalties.. Next year it does .

@Shayna620 @LeilaniDowding Stick with a spreadsheet and £40/year app. Don’t pay an accountant to press a button! Making Tax Digital Made Simple for Spreadsheet Users youtu.be/2SADy2_u0vI

@LeilaniDowding This is going to be a nightmare for small self employed businesses and it will cost them a lot in software or accountants. Not to mention the time they will have to spend on this instead of out working. The government is always shitting on the small businesses.

This will be fun.. 10 tax returns a year. Income not profit! sole traders & landlords (individuals on Self Assessment) with >£50k qualifying income from April 2026. They'll submit 4 quarterly digital updates (income/expenses) + 1 year-end declaration = 5 filings/year minimum. If both self-employed AND landlord: separate updates per business = 8 quarterly + declaration(s), so 9-10+ total. Threshold drops to £30k in 2027. gov.uk/government/new…

@SrussSteven @LeilaniDowding Stick with a spreadsheet and save a ton of time and money. mtd.tax

@LeilaniDowding Yip, I’ve got that shitshow to navigate in April!

@brexitbo @LeilaniDowding Use a spreadsheet! Making Tax Digital Made Simple for Spreadsheet Users youtu.be/2SADy2_u0vI

@LeilaniDowding I’m seriously considering winding my self employment up now I pay an accountant once a year and now I’m going to have to pay 5 times Also council tax going up 5% again it’s like another mortgage that you never pay off am tired of it all no wonder ppl are living in vans

@jimbobmcflam @LeilaniDowding Accountants and agents are all pushing software they get commission from. The quarterly return is a simple button press for them, as you do the work for them. AI can help you setup a nice spreadsheet then use basic bridging software. £40/year, that’s it! youtu.be/2SADy2_u0vI

@LeilaniDowding Lots in the comments saying this benefits accountants. I don't think so... Accountants are about to be replaced by AI. It was already happening with $INTU now look at INTU SP - AI is eroding INTU now and SaaS. AI will do everyone's accounts before long is my guess.

@samtilston @LeilaniDowding It’s not really multiple tax returns. Each quarterly submission is just a snapshot of your income/expenditure totals. Making Tax Digital Made Simple for Spreadsheet Users youtu.be/2SADy2_u0vI

@LeilaniDowding Ten tax returns a year sounds like a full-time job nobody signed up for Maybe the real business is building software to handle all this nonsense Until then, brace yourself for the paperwork marathon

@SoundMoney1934 @Jenniferarcuri @LeilaniDowding Ltd company comes with higher accountant fees! MTD is not as scary as it’s being made out to be by accountants and agents, because obviously they want your extra fees. Making Tax Digital Made Simple for Spreadsheet Users youtu.be/2SADy2_u0vI

@Jenniferarcuri @LeilaniDowding For small sole traders like plumbers etc it is awful. As if they do not want them in business. Some consultants say forming Ltd company so using existing corporation tax framework is way to go. Some will retire or get job.

@BInvestHQ @LeilaniDowding It’s honestly not as bad as it’s being made out to be. You can keep your figures in a spreadsheet and the quarterly submissions are just a basic snapshot of totals. It actually makes the year end easier than a self assessment. mtd.tax

@LeilaniDowding I will be keeping taxable income below these thresholds. Unless #HMRC put in place the software I will not be taking part and rather scale down my business then get dragged into Making Tax Digital.

@DittishamFarm @GBNEWS Our HMRC approved bridging app lets your stick with spreadsheets and has full support for PAYE and pensions too. mtd.tax

@GBNEWS Only self employed and landlords. I recommend comcsi (google then) who will provide a bridge to IR for a sensible price if you get your data onto a formatted spreadsheet. But what of the complete return inc PAYE and pensions .. is HMRC ready?

HMRC to make Britons file updates 10 times a year in latest tax overhaul as 'admin burden builds' gbnews.com/money/hmrc-mak…

@LeilaniDowding @GBNEWS Just stick to a spreadsheet and you’re all good: Making Tax Digital Made Simple for Spreadsheet Users youtu.be/2SADy2_u0vI

@GBNEWS Fuck me. How much do they want people spending on accountants

@LiquidSwords14 @GBNEWS You can actually file your own quarterly updates from a spreadsheet, and still have your accountant complete your end of year, if you wish. Making Tax Digital Made Simple for Spreadsheet Users youtu.be/2SADy2_u0vI

@GBNEWS 5 times a year is a pain in the ass, especially if you pay an accountant ! Once is enough, now this shit government wanna fuck this up as well 🤬

@jonathan_g72 @GBNEWS We have no relationship with any MP, so if you want to not line their pockets, stick with our spreadsheet bridging app: mtd.tax

@GBNEWS They can fck off not doing it, thd fact you have to use third party apps and not the HMRC website proves its a money making con for some MPs family mrmber or chum.

@lowercase00 @GBNEWS With MTD you can! Quarterly updates are the requirement, but with our spreadsheet bridging software you can submit an update as often as you like and get a fresh tax calculation.

@GBNEWS I'd rather do it daily.