Key deadlines (assuming calendar quarters) 

• 1 Apr – 30 Jun → due 7 Aug 

• 1 Jul – 30 Sep → due 7 Nov 

• 1 Oct – 31 Dec → due 7 Feb 

• 1 Jan – 31 Mar → due 7 May 

• Final Declaration → 31 Jan following the tax year 

Missing deadlines can trigger HMRC penalties. 

​

Examples 

1. John the landlord 

• Gross rental income: £55,000 per year 

• Effective from: 6 April 2026 

• What he does: keeps digital records of rent and expenses, submits 4 quarterly updates to HMRC, and files an End of Period Statement plus Final Declaration by 31 January. 

2. Sophie the designer 

• Self-employed designer 

• Gross income: £28,000 

• Effective from: 6 April 2028 

• What she does: tracks her income digitally, prepares for quarterly updates once the threshold is reached, and completes her End of Period Statement and Final Declaration in line with HMRC deadlines. 

3. Mike the tradesman with multiple income streams 

• Self-employed joiner: £35,000 gross income 

• Rental property: £20,000 gross income 

• Total gross income: £55,000 → above 50k threshold 

• Effective from: 6 April 2026 

• What he does: uses HMRC-approved software to combine his self-employment and property income, submits quarterly updates for both streams, ensures the End of Period Statement reflects all income and expenses, and submits Final Declaration. 

• Benefit: avoids penalties and has a clear digital record of all income sources. 

​

Why Choose Scott Vevers for Your MTD Journey?

​

As Xero Online Software Champions with expertise in multiple accounting platforms, we offer:

​

Comprehensive Support Package

​

• Software Setup & Training: Expert guidance on Xero, QuickBooks, FreeAgent, Sage and more

• Flexible Service Levels: From full management to light-touch support

• Personalised Solutions: Quotes tailored to your business needs

• Proactive Compliance: Stay ahead of deadlines and requirements

 

More information on how Scott Vevers help with Software

​

Take Action Now!