How does Abratax help with MTD if I'm both employed and self-employed?

If you are both employed and self-employed, AbraTax helps you separate what needs to be reported quarterly under MTD and what is handled at the end of the tax year.

• Use AbraTax to submit quarterly updates for your MTD-mandated income, which includes self-employment income and any UK or overseas property income.
• Your employment income under PAYE, along with other non-mandated income such as dividends or bank interest, is not included in quarterly updates.
• Non-mandated income is confirmed at the final declaration stage at the end of the tax year.

AbraTax keeps the quarterly MTD process focused only on the income HMRC requires during the year, while still allowing everything to be finalised correctly at year end.

Information only, not tax advice.