Corporation Tax, Tax Returns, and Self-Assessment

Staying on top of financial reporting and tax requirements can feel like a lot—but we’re here to make it easy. We help you understand your statutory accounts in clear, simple terms and put practical steps in place so your business stays compliant and protected.

Tax compliance doesn’t need to be stressful. We break things down into what really matters, helping you meet every requirement while also making the most of smart tax‑planning opportunities. With our guidance, you can stay compliant with confidence and enjoy real peace of mind.

VAT Management

Handling VAT returns can feel like a chore, but that’s exactly where a good accounting firm makes life easier. We take the pressure off by managing the whole process for you—from keeping your records in order to preparing and submitting your VAT returns accurately and on time.

We help you understand what you need to charge, reclaim, or report, and we make sure everything aligns with HMRC requirements. No jargon, no stress—just practical guidance and reliable support. With us, you stay compliant, avoid costly mistakes, and free up your time to focus on running your business.

🌿 A Simple, Friendly Guide to Making Tax Digital (MTD)

✅ MTD for VAT

These rules already apply to:

All VAT‑registered businesses (regardless of turnover)

What’s required:

Keep VAT records digitally
Use MTD‑compatible software
Submit VAT returns through that software

📅 MTD for Income Tax Self Assessment (ITSA)

This applies to self‑employed individuals and landlords with income over HMRC’s threshold.

Start dates (as currently planned):

April 2026: Income over £50,000
April 2027: Income over £30,000

What’s required:

Keep digital records of income and expenses
Send quarterly updates to HMRC
Submit an End of Period Statement (EOPS)
Submit a Final Declaration

🧾 What Counts as “Digital Records”?

You must store key information digitally, such as:

Sales and income
Expenses
VAT details (if applicable)

This can be done through:

Accounting software
Apps
Spreadsheets (but only if linked to MTD‑compatible software)

🛠️ What MTD‑Compatible Software Does

Connects directly to HMRC
Reduces manual entry
Helps avoid errors
Keeps everything organised
Makes tax submissions smoother

How Ting Helps You Navigate MTD with Confidence

How Ting Helps You Stay Compliant — Without the Stress

MTD can feel like a big shift, but you don’t have to navigate it alone. Ting supports you at every step so you can stay compliant with confidence.

What We Do for You

Recommend the right MTD‑compatible software, for eg Xero.

Tailored to your business size, workflow, and future plans.

Set everything up correctly from day one

Digital records, categories, HMRC connections — all handled for you.

Streamline your bookkeeping

Simple, sustainable routines that keep your records clean and accurate.

Prepare and review your submissions

VAT returns, quarterly updates, year‑end statements — checked and submitted with care.

Give you clarity throughout the year

Real‑time numbers and expert oversight so you can plan ahead with confidence.

Provide ongoing support

Questions, changes, new rules — we’re here whenever you need us.

📩 Get Support from Ting

If you’d like help getting set up for MTD, understanding what the rules mean for you, or building a smoother bookkeeping process, we’re here to guide you.

Email: hello@tingaccounting.co.uk

We’ll get back to you with clear next steps and support tailored to your business.

Tax Planning

We offer a suite of tax solutions to save time and money, increase productivity and efficiency, and help maximize our clients’ cash flow.

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