Tax & MTD
What to put aside, what's due and how ready your records are.
Suggested tax set-aside
£1,670
VAT on costs this month
£299.37
Records complete
94%
Next update due
7 Nov 2026
These figures come from the records in TradeOffice and are a guide to help you plan. Your accountant should confirm anything you rely on, and nothing is sent to HMRC from here yet.
Get ready for your quarterly update
Do this next — step 3 of 8
Confirm all income is recorded
Every invoice and cash payment for this quarter needs to be in TradeOffice.
- Done
Check your business details
- Done
Connect your bank feed
- 3Next
Confirm all income is recorded
- 4
Categorise 3 transactions
3 things missing
- 5
Attach 2 missing receipts
2 things missing
- 6
Check your VAT figures
- 7
Send to your accountant for a look
- 8
Approve your quarterly update
What's still missing overall
- Categorise 3 transactions: Payment to ABC Ltd — We're not sure what this payment was for.
- Categorise 3 transactions: Card payment — B&Q Hemel — No receipt attached yet.
- Categorise 3 transactions: Transfer out — 'JH savings' — Is this a business cost or personal?
- Attach 2 missing receipts: Vodafone — 2026-08-09
- Attach 2 missing receipts: Amazon Business — 2026-08-02
Making Tax Digital readiness
Next quarterly update: 7th November 2026
3 transactions still need a category before this quarter can be finished.
Quarterly periods
- Submitted
6 Apr – 5 Jul 2026
Deadline 7th August 2026
- Preparing
6 Jul – 5 Oct 2026
Deadline 7th November 2026
- Not started
6 Oct – 5 Jan 2027
Deadline 7th February 2027
- Not started
6 Jan – 5 Apr 2027
Deadline 7th May 2027
Transactions we need your help with
Payment to ABC Ltd — £184.20
15 Aug 2026We're not sure what this payment was for.
Card payment — B&Q Hemel — £61.35
12 Aug 2026No receipt attached yet.
Transfer out — 'JH savings' — £500.00
9 Aug 2026Is this a business cost or personal?
Key dates coming up
Quarterly MTD update
7th November 2026 · Digital records sent for Jul–Oct
Self assessment payment on account
31st January 2027 · First payment for 2026-27
Second payment on account
31st July 2027 · Balance for 2026-27