Is your business ready for quarterly filing?
HMRC are making sweeping changes to the tax system
Did you know that over the next three years, the majority of self employed people will be required to file tax returns quarterly rather than annually? This initiative is called Making Tax Digital.
Check below to see when the changes will apply to you:
- From April 2026: Those with a self-assessed income of +£50,000 will have to file quarterly.
- From April 2027: Those with a self-assessed income of +£30,000 will be filing quarterly.
- From April 2028: Those with a self-assessed income of +£20,000 will be affected too.
These changes are designed to make the tax system more efficient, but they also mean that manual spreadsheets, paper receipts, and last minute tax scrambles won’t cut it anymore. Self employed individuals will therefore be required to keep digital records and use compatible software to submit tax returns. So there couldn’t be a better time to get your admin in order and embrace your digital transformation.
Tidy will help you go digital and get your admin organised now
Going digital offers huge time saving benefits, and even if you use an accountant, keeping digital records minimises book keeping work, which will save you money. In fact if you opt to include a FREE QuickBooks account, you may not even need to employ an accountant, (dependent on how complex your accounts are).
The Tidy App is the all-in-one solution that helps you to easily manage your business admin on the go, and streamlines your accounting and HMRC commitments:
- Admin management: Add customers and jobs to Tidy and the app will automatically generate easy to send digital invoices, track payments and monitor cash flow.
- Tap to Pay on your phone: Tidy offers your customers fast and secure ways to pay including Tap to Pay. Payments are automatically recorded. No payment terminal. No contract. No hassle.
- FREE QuickBooks account: Tidy integrates with QuickBooks - with the COST INCLUDED IN OUR STANDARD TIDY FEE WHICH IS CAPPED AT £20 per month! (Plus Stripe fees).
Here's how Tidy can help...
With Tidy, you can automate and streamline your business admin, reduce financial errors, and free up more time to focus on running your business – not wrestling with tax deadlines.
Here’s how to get started:
- Download the Tidy App: Install Tidy on your phone and login with your email and mobile number. No passwords required - just click the magic email link.
- Add customers and jobs: Your bespoke work calendar keeps you organised and Tidy uses the data to automatically generate smart digital invoices.
- Send digital invoices: Tidy creates an automatic invoice when you mark a job as complete. It includes a link to your bank account to allow customers to pay quickly and easily.
- Add your FREE QuickBooks account*: If you add QuickBooks Tidy covers the cost in our standard fee per transaction (see link below).
- Save time and money: Tidy's fees are capped at £20 per month (plus Stripe fees).
- Activate Tap to Pay*: Set up Tap to Pay in a couple of clicks for fast in-person payments, payment tracking, and digital receipts. Customers can even pay with Klarna.
*Fees Apply.
Useful links:
Be HMRC compliant with Tidy
The Tidy App is designed to ease the hassle of business admin by streamlining and digitally recording everyday transactions. No more searching for paper receipts, printing copies of invoices, and wondering what a payment you made was for.
The Tidy App will help you be prepared for quarterly filing ahead of time, and save time spent on accounting and money on accountants fees.