Yes, you may purchase Ftax MTD for IT immediately and use it to submit the quarterly update forms. At the end of the tax year it may also be used to submit the End-of-Year form.
HMRC do not require the first MTD quarterly update submission to be made until just after the end of the first tax year quarter on July 5th (or July 1st if you have selected the ‘calendar’ period type). You then have until August 7th to make the first quarterly update submission to HMRC.
Continue recording incomes and expense transactions, either by using a spreadsheet or the Ftax Cashbook.
The Ftax team are here to help you prepare and submit your MTD for IT quarterly update submissions on time.
Click here to learn more.
Send a support request if you are experiencing any problems or have any questions.