5 Things You Can Do Now to Prepare for MTD
The sooner you start preparing, the easier next year will be. Here are five practical steps to help you get ready for Making Tax Digital (MTD) with less stress and more confidence.
1. Separate Business and Personal Finances
Keep separate bank accounts for business or rental income. It makes digital record-keeping far simpler and helps keep your MTD submissions clean and accurate.
Closing the year felt impossible without clear structure or clarity.
2. Choose the Right Digital Tools
QuickBooks and Dext are a powerful duo:
QuickBooks keeps your accounts organised
Dext captures receipts and invoices automatically, so nothing gets missed
Start setting them up now so everything is ready well before the deadline.
3. Keep Records Consistently
Even small purchases matter. Snap receipts and upload invoices as you get them — this builds good habits and ensures your digital records stay complete.
4. Review Past Records
Check that last year’s data is clear, tidy, and accessible. It doesn’t need to be perfect, but having your history organised makes the transition to MTD much smoother.
5. Schedule Regular Check-ins
Just 15–20 minutes each week is enough to keep your books up to date. Little-and-often prevents end-of-year overwhelm and keeps your MTD data accurate.
Next Steps
✅ Download our “Go Digital” MTD Checklist to see how ready you are.
📞 Need help? Book a free consultation and we’ll walk you through the setup.
