Squeegee is Ready for Making Tax Digital

From April 2026, new Making Tax Digital for Income Tax regulations will come into force, and they’ll affect many self-employed business owners and small service businesses across the UK. How they work and the dates you need to know.

The good news? Squeegee is ready so you won’t need any separate accounting software. We’ve added the features you’ll need to help you stay compliant and stress-free when the changes arrive.

What is Making Tax Digital (MTD)?

Making Tax Digital is a government initiative designed to modernise the UK tax system. The aim is simple: to replace manual tax returns with digital records and regular online submissions.

From April 2026, MTD for Income Tax Self Assessment (ITSA) will apply to:

• Self-employed individuals and landlords
• Those earning over the threshold of £50k

Instead of submitting one annual tax return, businesses will need to:

• Keep digital records
• Submit quarterly updates to HMRC
• Complete an end-of-period statement
• Submit a final declaration

Squeegee will help you stay compliant as we’ve built MTD features directly into Squeegee.

📊 Digital Income & Expense Records Your jobs, invoices and payments already live in Squeegee — and we’ll make sure your financial records meet MTD requirements.

You’ll be able to:

• Maintain clear digital records
• Track income and expenses accurately
• Reduce manual bookkeeping and spreadsheets

🔄 Quarterly MTD Submissions Squeegee will support the creation of quarterly summaries, making it easy to submit updates to HMRC on time.

🧾 End-of-Period & Final Declarations Squeegee will help you prepare the required end-of-period statements and final declarations.