Ftax MTD for IT is ready for purchase and use. 15% loyalty discount applies only during April.

MTD for IT

Ftax makes it easier for self-employed businesses and landlords to comply with HMRC’s Making Tax Digital for Income Tax requirements.

Use Ftax to submit quarterly updates in an MTD compliant manner, complete your end-of-year tax return, calculate your tax liability, and make your final declaration to HMRC.

FOR BUSINESSES

Ftax Business MTD for IT

Ftax Business MTD for IT (2026/27)

1 Credits

For self-employed businesses and landlords filing their own MTD for Income Tax updates and tax return.

  • File quarterly updates and the end-of-year tax return directly to HMRC
  • Import income and expense totals via CSV or from the Ftax Cashbook
  • HMRC recognised and MTD compliant
  • Low-cost filing for one tax year on one credit

FOR AGENTS

Ftax Agent MTD for IT

Ftax Agent MTD for IT (2026/27)

2 Credits

Ftax Agent MTD for IT (2026/27)

20 Credits

For accountants and agents filing MTD for Income Tax on behalf of clients.

  • File quarterly updates and end-of-year tax returns for clients
  • Import income and expense totals via CSV or from the Ftax Cashbook
  • HMRC recognised and MTD compliant
  • Flexible credit options to suit your practice

MTD for Income Tax: who it is for

Making Tax Digital for Income Tax applies to self-employed businesses and landlords whose qualifying income is above the relevant HMRC threshold for the tax year.

From 6 April 2026, it applies if your qualifying income from self-employment and/or property is over £50,000.
From 6 April 2027, this will extend to those over £30,000.
From 6 April 2028, this will extend to those over £20,000.

You may also need to use MTD for Income Tax if HMRC has written to tell you that you must do so. Check HMRC guidance.

Even if HMRC does not yet require you to use MTD for Income Tax, you may choose to move to this method of filing earlier.

How Ftax MTD for IT works

Ftax MTD for IT is HMRC recognised and fully MTD compliant. It is designed to cover the full filing cycle, from quarterly updates through to the end-of-year tax return and final declaration.

With Ftax MTD for IT you can:

  • complete quarterly update forms for self-employment, UK property, and foreign property
  • transfer income and expense totals in an MTD compliant manner
  • import data from your spreadsheet using CSV files
  • import data directly from the Ftax Cashbook
  • submit quarterly updates to HMRC at least once every quarter
  • complete your end-of-year tax return
  • view your calculated tax liability for approval
  • make your final declaration to HMRC when you are ready

 

Quarterly updates for MTD for Income Tax are based on cumulative totals. This means each update includes total income and expenses from the start of the tax year, not just the figures for that one quarter. This is different from MTD for VAT, where returns usually cover the figures for the period only.

Once all four quarterly updates have been submitted, Ftax enables you to complete the end-of-year tax return with the relevant tax return sections included. The return and any tax due must still be finalised by 31 January following the end of the tax year.

Unlike traditional tax returns, the MTD for Income Tax data submitted through the year is saved by HMRC and retrieved again when the tax return forms are opened.

Why choose Ftax MTD for IT

Ftax MTD for IT has been designed to keep the process simple and low cost, while still giving you everything needed to file correctly.

Key features:

Use your spreadsheet or the Ftax Cashbook

Ftax provides two ways to transfer quarterly update data into the MTD for IT forms.

Option 1: Import from your spreadsheet

If you already keep your records in a spreadsheet, Ftax enables you to transfer your totals using CSV files in an MTD compliant manner.

Option 2: Use the Ftax Cashbook

Ftax Cashbook provides a simple way to record income and expense transactions as they occur. Those totals can then be automatically transferred into the MTD for IT quarterly update forms.

Ftax Cashbook offer for 2026/27

For 2026/27, Ftax Cashbook is being sold at half price for one year only.

Use it to:

  • enter income and expense transactions as they arise
  • keep digital records ready for MTD for Income Tax
  • automatically total data ready for quarterly updates
  • simplify the move from record keeping to filing

Get Ready for MTD for Income Tax

Whether you now need to comply from April 2026, are planning ahead for a later threshold, or are choosing to move over voluntarily, Ftax MTD for IT gives you a simple route to comply with HMRC’s new filing process.

Use Ftax to keep your quarterly updates and end-of-year filing in one place, with support for both spreadsheets and Cashbook-based record keeping.

FOR BUSINESSES

Ftax Business MTD for IT

Ftax Business MTD for IT (2026/27)

1 Credits

For self-employed businesses and landlords filing their own MTD for Income Tax updates and tax return.

FOR AGENTS

Ftax Agent MTD for IT

Ftax Agent MTD for IT (2026/27)

2 Credits

For accountants and agents filing MTD for Income Tax on behalf of clients.

MTD for Income Tax FAQs

What is MTD for Income Tax?

MTD for Income Tax is HMRC’s new way for self-employed businesses and landlords to keep digital records and submit income and expense updates through the tax year.


Who needs to use MTD for Income Tax?

From 6 April 2026, it applies to self-employed businesses and landlords with qualifying income over £50,000. From 6 April 2027, this lowers to over £30,000, and from 6 April 2028 to over £20,000.


Does Ftax include the end-of-year tax return?

Yes. Ftax MTD for IT includes both the quarterly update forms and the end-of-year tax return.


Can I use a spreadsheet with Ftax MTD for IT?

Yes. Ftax enables you to transfer quarterly update data from your spreadsheet using CSV files in an MTD compliant manner.


Can I use the Ftax Cashbook instead?

Yes. Ftax Cashbook can be used to record income and expense transactions and transfer totals into the quarterly update forms.


When is the end-of-year deadline?

The end-of-year return and any tax due must be finalised by 31 January following the end of the tax year.

Disclaimer

Ftax does not provide accounting, tax, business or legal advice. This guide has been provided for information purposes only. You should consult with your own professional advisors or with HMRC for advice directly relating to your business before taking action in relation to any of the content provided. Ftax Support will only be able to assist you with matters directly concerning the Ftax products and service.

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