Making Tax Digital made simple!
I strongly recommend MTD Companion bridging software for sole traders and/or people with property income, especially if you have perfectly adequate spreadsheets recording income and expenses, which have been fine for years to help you populate Self-Assessment, but you now find MTD now requires you to make submit ‘digital’ submissions.
I’ve just completed my Q1 submissions for each of sole trader and property, and my wife’s submission for property. This was an incredibly simple process using the software. I downloaded the template spreadsheets in excel format (one for sole trader, one for property), copied these into my existing excel workbooks as new sheets, then populated this new sheet by copying the relevant values from my original sheets in the same workbook, using the basic '=' formula so no rekeying of data at any point.
Then open the relevant submission section in the MTD-C app (I'm using MacOS version) eg Q1 Sole Trader, then run the macro in their worksheet by clicking the big 'submit now' button, and literally seconds later my HMRC account was showing my MTD first submission completed
Also a shout-out re Support - I needed to ask a question (which was more related to HMRC rules rather than the app itself) so I submitted a query from within the app and had a email response within 30 minutes. No chatbot, no pointing me at faq's or knowledge base or forums, just a personal and friendly response in plain English, and I was able to continue the conversation with the same individual via email until my query was fully answered.
Would have given 6 stars if able to :-)
I’ve just completed my Q1 submissions for each of sole trader and property, and my wife’s submission for property. This was an incredibly simple process using the software. I downloaded the template spreadsheets in excel format (one for sole trader, one for property), copied these into my existing excel workbooks as new sheets, then populated this new sheet by copying the relevant values from my original sheets in the same workbook, using the basic '=' formula so no rekeying of data at any point.
Then open the relevant submission section in the MTD-C app (I'm using MacOS version) eg Q1 Sole Trader, then run the macro in their worksheet by clicking the big 'submit now' button, and literally seconds later my HMRC account was showing my MTD first submission completed
Also a shout-out re Support - I needed to ask a question (which was more related to HMRC rules rather than the app itself) so I submitted a query from within the app and had a email response within 30 minutes. No chatbot, no pointing me at faq's or knowledge base or forums, just a personal and friendly response in plain English, and I was able to continue the conversation with the same individual via email until my query was fully answered.
Would have given 6 stars if able to :-)
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Response from developer
WOW! Thank you very much for such a detailed review. Happy to help and answer your questions. See you again in 3 months :)
Recommend!
A very easy to use app with clear instructions and any easy template. It took me less than 10 minutes to complete my submission, and the team replied to my email requests almost immediately to help along the way. Highly recommend for freelancers.
Response from developer
Thank you for the kind words. Happy to help.
Not so good...
Not so good... used VAT MTD for a couple of years FROM THIS SAME COMPANY, figured this would be as good, unfortunately the auto dating of return end keeps jumping to todays date...
Response from developer
I wish you had contacted us first as we could have sorted this :( Period summaries do not need to be just the set quarter, they are a snapshot of earnings to date, which is why it defaults to the day you make the submission but it can be changed to any end date. Please email us if there is a bug and we’ll get it fixed.
Wow
Blows other complex softwares, we don’t need, out of the water.
I’m an agent and still fab for me. Definitely the way to go if you are an individual doing your own.
Works how I want a bridging spreadsheet to work: in one click, quick, reasonably priced and helpful support (which I needed just because of me putting information in wrong the first time I used it). I’m sure I won’t need support again, so simple.
I’m an agent and still fab for me. Definitely the way to go if you are an individual doing your own.
Works how I want a bridging spreadsheet to work: in one click, quick, reasonably priced and helpful support (which I needed just because of me putting information in wrong the first time I used it). I’m sure I won’t need support again, so simple.
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NOT so free
They always get you in the end, this so called free app is free until you want to submit your figures and by then you can’t be bothered to find another way as you just want done with it. And so another £50 subscription is entered into. What bo**ocks
Response from developer
Thank you for your insight! We do not promote this as a free app so it's highly unfair that you just assumed it was free. This app has taken more than 18 months of full time work to complete, and you want me to just give that away? Would you work for free?
