Making Tax Digital Calculator
Track your VAT, taxable income, and other Making Tax Digital figures in seconds. Stay compliant, save time, and make smarter decisions for your UK business or rental properties.
- 100% Free
- Mobile Friendly
- Save & Export Reports
- Instant Results
- 100% Private
- HMRC Compliant
- Multiple Scenarios
⚠️ This calculator is for informational purposes only and should not be relied upon for tax, legal, or accounting advice. Please consult your own advisers before making any decisions.
Why MTD Matters
Stay HMRC Compliant
Accurate MTD calculations ensure you meet HMRC requirements, helping you avoid penalties and audits.
Reduce Errors
Digital calculations minimise mistakes compared to manual spreadsheets, saving you time and stress.
Plan Ahead
Understanding your taxable income, VAT, and expenses helps you forecast cash flow and plan payments efficiently
Optimise Business Strategy
Track your financial performance across properties or business activities to make informed decisions about growth, expenses, or investments.
Why Use Our Calculators?
Our calculators are designed to help you make informed decisions with confidence. Here's what makes them essential tools for your property journey:
- Instant, Accurate Results
- Compare Scenarios Easily
- Save Time & Avoid Mistakes
- Visual & Intuitive
- Plan Smarter
- Trusted & Transparent
Frequently Asked Questions
Find answers to common questions
Making Tax Digital (MTD) is an HMRC initiative that requires businesses and landlords to maintain digital tax records and submit VAT or income tax returns using compatible software. MTD aims to improve accuracy, reduce manual errors, and make tax submissions easier and more efficient.
MTD is important because it ensures your VAT calculations and tax submissions meet HMRC compliance standards. Using an MTD calculator helps you avoid penalties, eliminate spreadsheet errors, and keep your financial records accurate. Digital submissions also make the VAT return process faster and more transparent.
To calculate your MTD figures correctly, you’ll need digital income records, business expenses, VAT-registered sales, purchase invoices, and any relevant deductions. Keeping this information updated ensures accurate VAT calculations and seamless tax reporting.
Yes. MTD applies to most VAT-registered businesses, including landlords, sole traders, and small companies. If your turnover is above the VAT threshold, you must follow MTD rules. Even below the threshold, using an MTD calculator can help you stay organised and prepare for future HMRC requirements.
It’s recommended to check your MTD figures monthly or quarterly, depending on your VAT period. Regular checks ensure your digital tax records remain accurate ahead of submission deadlines. Consistent monitoring also helps you stay on top of expenses, VAT due, and tax liabilities.