How Quarterly Submissions Actually Work

Hi reader ,

Quarterly submissions under MTD have caused plenty of worry.
But in reality, the process is straightforward when your bookkeeping is consistent.

Here’s what happens:

Every three months, you submit a digital summary of:
• Income
• Expenses
• Adjustments, if any

HMRC uses this to keep an up-to-date picture of your tax position.
You will still finalise everything at year end, so mistakes in quarterly updates can be corrected.

Quarterly updates are not full tax returns - think of them as checkpoints.

If bookkeeping feels overwhelming, we can manage your quarterly updates for you and ensure you stay compliant with zero stress.

Book a free call to discuss your MTD transition with our MTD expert - [Book a Call with Natasha]

Learn how Making Tax Digital applies specifically to dental practices.

Speak soon,

Arun