FAQ

Why do I get this error: "Client / Agent not authorised" and I do not see any Business Details?

This is most likely because you have not signed up for MTD.

Which Accounting Period could I have?

You can choose Standard Quarterly Periods (where the first period is 6 April to 5 July) or Calendar Quarterly Periods (first period 1 April to 30 June) for each tax year. Note that the quarterly period type cannot be changed after a submission is made for that year. If you choose an accounting period that does not end on the 5th April or 31st March, then you’ll need to submit additional adjustments after the end of the tax year (Business Adjustments).

How to I add an additional business

This must be done in the MTD section of your account in the HMRC website.

How many Self-Employment business can I have?

Customers may have multiple Self-Employment businesses, but only one of each Property business is allowed. MTD supports only one accounting period per year so this must be a full tax year period, for example April 6th to April 5th.

Can I add a Trading Name for a property business?

No. Trading Names are forbidden for property businesses, while are mandatory for self-employment businesses.

What is my qualifying income for MTD for Income Tax?

Your qualifying income for MTD for Income Tax is the total income you get in a tax year from self-employment and property. Your total income may come from more than one source of self-employment or property income. All other sources of income reported through Self Assessment do not count towards your qualifying income, such as income from:

• employment (PAYE)
• your share of profit from a partnership as an individual partner
• dividends (including those from your own company)
• a State Pension
• private pensions