FAQs – Making Tax Digital
Will Self Assessment disappear?
No — you still submit a final declaration each year. MTD adds quarterly updates on top of this, not instead of it. Read our full guide: MTD for Income Tax — What Sole Traders Need to Do Now →
Do I need MTD if I earn under £50,000?
Not yet — but the threshold is set to drop to £30,000 in April 2027 and £20,000 in 2028. It’s worth starting to prepare now. See the full MTD timeline and what to do next →
Is MTD compulsory?
Yes — if you meet the income threshold, compliance is a legal requirement. Penalties apply for late or missed submissions.
Can PBAS handle MTD on my behalf?
Yes — we can manage the entire process for you, from software setup to quarterly submissions and year-end declaration. Get in touch to find out more →
Who We Serve
PBAS provides Making Tax Digital compliance for sole traders and micro-businesses across East Lothian, Edinburgh, Midlothian and the wider Scotland area. We’re based in Wallyford, Musselburgh — conveniently located for clients across the Lothians — and we work remotely with clients throughout Scotland.
Whether you’re a tradesperson in Musselburgh, a freelancer in Edinburgh, or a small business owner anywhere in East Lothian, we offer the same personal, affordable service. Get in touch for a free, no-obligation chat →
Related Guides
- MTD for Income Tax — What Sole Traders Need to Do Now
- Our Bookkeeping Services
- Self Assessment Tax Returns
- VAT Returns
For authoritative HMRC guidance on making tax digital compliance, visit the GOV.UK Making Tax Digital for Income Tax guidance.
