Squeegee is Ready for Making Tax Digital

From April 2026, new Making Tax Digital (MTD) regulations will come into force, and they’ll affect many self-employed business owners and small service businesses across the UK.

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.

No scrambling. No last-minute panic. Just clear, structured data ready when you need it.

🧾 End-of-Period & Final Declarations We’ll help you prepare the required end-of-period statements and final declarations, so nothing gets missed.

Everything will be designed to:

• Follow HMRC guidelines
• Reduce errors
• Save you time (and headaches)

🔐 Secure & HMRC-Compliant Compliance and security are non-negotiable. Our MTD features will align with HMRC standards, ensuring your data is handled safely and correctly.

By building MTD tools directly into Squeegee:

• You won’t need separate software just for tax reporting
• Your business data stays in one place
• You can feel confident knowing you’re compliant

And if you’d prefer to get a professional onboard we’ve also added a free Accountant/Bookkeeper role to your account so you can give access to your accountant.