Does anyone have any software recommendations for persons to use to comply with this 6th April 2023 expectation (below) , especially when their main source of income is investment income -dividends and capital gains, from within UK and elsewhere?
Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for MTD for Income Tax from their next accounting period starting on or after 6 April 2023.
I use quickbooks for my limited company and it's very intuitive to use. I have the basic cloud subscription at about £14 per month.
I use Taxcalc for personal tax. It is £30 a year for I think up to six family members.
They do a small company S100 version which is also low priced and a VAT return submission is also available.
You have 2 years yet. I'd wait. Originally it was to be brought in a few years ago, so you never know, it could quite easily be delayed again.
