Making Tax Digital for Income Tax
Double-entry bookkeeping for sole traders and unincorporated landlords. Reconcile the bank, close the quarter, and read your MTD figures straight off the screen — already sorted into HMRC's own categories.
£9.99 a month, everything included. Cancel whenever you like.
Illustrative figures. Totals are cumulative year to date, which is what a quarterly update reports — not the three months alone.
Updates a year under MTD, in place of one return
First quarterly deadline, then 7 Nov, 7 Feb and 7 May
Journal export formats — Sage, Xero and plain CSV
A month, everything included, no tiers to compare
The problem
Reporting four times a year only works if the books are already right.
Most sole traders and landlords assemble their figures at the deadline, from records scattered across a spreadsheet, a bank app and a drawer of receipts. That is survivable once a year. Four times a year it is not, and a figure you cannot trace is a figure you cannot defend.
What it does
Every figure traces back to a posting you can open, check and explain.
Every transaction posts to a ledger that balances. Pull a trial balance whenever you need one, and drill from any total down to the entries behind it.
Import your statements and the matching engine pairs them off against the ledger. What is left is a short list of genuine exceptions, not a wall of noise.
Income and expenses totalled into HMRC's published categories for self-employment and UK property, cumulative year to date.
Run a trade and a rental property and they stay apart, each with its own totals against its own HMRC field set, rather than flattened into one pot.
Lock a quarter once reviewed. Control checks flag uncategorised transactions and unmapped categories before they reach your figures, not after.
See what moved between one period and the next, ranked by size, with the transactions driving each swing one click underneath.
For accountants
If your clients keep their books here, less of the quarter lands on your desk.
Export adapters for Sage and Xero produce the layout each package expects, so a client's quarter imports rather than needing rekeying.
Once a client locks a quarter, the figures behind it stop moving. What you reviewed in August is still what you see in November.
Unmapped categories and uncategorised transactions are flagged to the client as they arise, not discovered at quarter end.
Flow Money Manager prepares your MTD quarterly figures. It does not file them with HMRC — you submit through HMRC-recognised bridging software, and we make no claim to be recognised ourselves. Making Tax Digital for Income Tax covers sole traders and unincorporated landlords; limited companies fall under corporation tax and are outside what we handle here.
£9.99 a month, everything included, refundable in the first 30 days.
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