Accounts, digital & IT
for your business
Types of accounting:
Limited Company
Limited Liability
Sole Trader
Limited Company Accounts
Mention the Software
Mention a location
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Additional information
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Additional information
Sole Trader / Self Employed Accounts
Microsoft 365 is a set of business application from Microsoft that helps organizations manage online services.
This is where you are going to save EVERYTHING to do with your business.
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Project Planning and Management:
Build and manage projects using work breakdown structures (WBS), Gantt charts, and task scheduling tools.
Track project progress, milestones, and deliverables.
Resource Management:
Allocate the right people to the right projects based on skills, availability, and cost.
Optimize resource utilization across the organization.
HMRC Self Assessment - SA302
Making Tax Digital for Income Tax starts in April 2026 for sole traders and landlords with qualifying income over £50,000.
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2026 : Individuals earning over £50,000 from self-employment or property income.
MUST submit quarterly updates using MTD-compatible software.
Implementation Timeline: MTD for Income Tax will begin on April 6, 2026, for individuals earning over £50,000 from self-employment or property income.
Digital Record-Keeping: Taxpayers must maintain digital records.
Benefits: The system aims to reduce errors, increase efficiency, and provide taxpayers with a clearer view of their financial obligations throughout the year.
MTD for VAT: Already in effect, benefiting over two million businesses by improving accuracy and reducing administrative burdens.
Testing Programme: HMRC encourages early adoption through its MTD testing programme, offering support and guidance to help taxpayers transition smoothly.
For official guidance and updates, visit HMRC's MTD page.
Making Tax Digital (MTD) is an initiative by HM Revenue & Customs (HMRC) aimed at modernizing the UK tax system by requiring businesses and individuals to keep digital records and submit tax returns electronically.
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2027: Individuals earning over £30,000 from self-employment or property income.
MUST submit quarterly updates using MTD-compatible software.
Those earning between £30,000 and £50,000 will be included from April 2027, with further expansion planned for April 2028 for those earning over £20,000.
Digital Record-Keeping: Taxpayers must maintain digital records and submit quarterly updates using MTD-compatible software.
Benefits: The system aims to reduce errors, increase efficiency, and provide taxpayers with a clearer view of their financial obligations throughout the year.
MTD for VAT: Already in effect, benefiting over two million businesses by improving accuracy and reducing administrative burdens.
Testing Programme: HMRC encourages early adoption through its MTD testing programme, offering support and guidance to help taxpayers transition smoothly.
-
2028: Individuals earning over £20,000 from self-employment or property income.
MUST submit quarterly updates using MTD-compatible software.
Those earning between £30,000 and £50,000 will be included from April 2027, with further expansion planned for April 2028 for those earning over £20,000.
Digital Record-Keeping: Taxpayers must maintain digital records and submit quarterly updates using MTD-compatible software.
Benefits: The system aims to reduce errors, increase efficiency, and provide taxpayers with a clearer view of their financial obligations throughout the year.
MTD for VAT: Already in effect, benefiting over two million businesses by improving accuracy and reducing administrative burdens.
Testing Programme: HMRC encourages early adoption through its MTD testing programme, offering support and guidance to help taxpayers transition smoothly.
For official guidance and updates, visit HMRC's MTD page.
HMRC Allowable Expenses
Need help with your expenses in Greater Manchester?
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45p / 25p
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Expenses over £85k per year
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Expenses under £85k per year earnings
What is Microsoft 365
Working from home business expenses
Calculate the space you use at home for working, this includes work space and work storage space.
Always keep records / evidence for a minimum of 7 years.
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HMRC Working at home
Header Level 2
Back link to a company website
Mention the Software
Mention a location
-
Additional information
-
Additional information
What is Microsoft 365
Microsoft 365 is a set of business application from Microsoft that helps organizations manage online services.
This is where you are going to save EVERYTHING to do with your business.
-
Project Planning and Management:
Build and manage projects using work breakdown structures (WBS), Gantt charts, and task scheduling tools.
Track project progress, milestones, and deliverables.
Resource Management:
Allocate the right people to the right projects based on skills, availability, and cost.
Optimize resource utilization across the organization.