{"title":"Sole traders \u0026 landlords","description":"\u003cp\u003eMaking Tax Digital, Self Assessment and the records that keep you on the right side of HMRC.\u003c\/p\u003e","products":[{"product_id":"making-tax-digital-for-income-tax-sole-trader-landlord-money-kit-guide-records-spreadsheet","title":"Making Tax Digital for Income Tax: Sole Trader \u0026 Landlord Money Kit (guide + records spreadsheet)","description":"\u003cp\u003e\u003cstrong\u003eHMRC has started signing people up whether they asked or not.\u003c\/strong\u003e If your takings from self-employment plus rent were over £50,000 on your 2024\/25 return, you are in for this tax year. Over £30,000 next April. Over £20,000 the April after. That is law, not a proposal.\u003c\/p\u003e\u003cp\u003eThis kit tells you what that actually means, in plain English, from HMRC's own guidance. Reading age 10. A symbol on every page. Worked examples, \"think of it like\" boxes, and your options laid out like an infographic.\u003c\/p\u003e\u003ch3\u003eThe guide (49 pages, PDF)\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003eWords, in plain terms: a two-page glossary of every official term, what it means, and where you see it\u003c\/li\u003e\n\u003cli\u003eAre you in, and from when: the thresholds, what counts and what does not, HMRC's own worked example and two more\u003c\/li\u003e\n\u003cli\u003eThe exemptions, including the ones HMRC has said it will refuse\u003c\/li\u003e\n\u003cli\u003eThe calendar: 7 August, 7 November, 7 February, 7 May, and the Self Assessment dates that have not changed\u003c\/li\u003e\n\u003cli\u003eThe 4 jobs: digital records, quarterly updates, the return through software, compatible software\u003c\/li\u003e\n\u003cli\u003eThe spreadsheet question, settled: what HMRC says about spreadsheets and bridging software, and 3 ways to meet the software rule compared\u003c\/li\u003e\n\u003cli\u003ePenalties at a glance: the points system, the late-payment rates, a worked example, and the 2026\/27 amnesty on quarterly updates\u003c\/li\u003e\n\u003cli\u003eExpenses, simplified expenses (the mileage rate changed on 6 April 2026), cash basis, the £1,000 allowances\u003c\/li\u003e\n\u003cli\u003eRates and thresholds for 2025\/26 and 2026\/27\u003c\/li\u003e\n\u003cli\u003eLandlords: one property business, joint ownership, Form 17, the finance-cost reduction\u003c\/li\u003e\n\u003cli\u003eOpportunities: what the 4 updates give you, if you let them\u003c\/li\u003e\n\u003cli\u003ePrintable quarterly and year-end checklists, and every source listed so you can check us\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eThe Records Spreadsheet (Excel; works in Google Sheets and LibreOffice)\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003eIncome and Expenses ledgers with HMRC's categories as drop-downs and the quarter filled in from the date\u003c\/li\u003e\n\u003cli\u003eSeparate Property Income and Property Expenses ledgers with your ownership share applied and finance costs kept out of the expense total\u003c\/li\u003e\n\u003cli\u003eQuarterly Totals: cumulative figures by category, exactly what bridging software reads\u003c\/li\u003e\n\u003cli\u003eSimplified Expenses calculator with the right mileage rate for the tax year\u003c\/li\u003e\n\u003cli\u003ePayments on Account calculator with the under-£1,000 rule\u003c\/li\u003e\n\u003cli\u003eChecklist with the deadlines for the year you set\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eWho it is for\u003c\/h3\u003e\u003cp\u003eSole traders, side-hustlers and private landlords in the UK who file Self Assessment and want to understand Making Tax Digital before it bites, not after. Also for advisers who want to hand a client something they will actually read: see the Adviser Licence.\u003c\/p\u003e\u003ch3\u003eWe make no claims\u003c\/h3\u003e\u003cp\u003ePlain Terms presents the official rules in plain English, with examples, analogies and suggested options, so that anyone can understand them. Nothing here is legal, tax or HR advice. Before you act on anything in this kit, confirm it on gov.uk (the sources are listed at the back) and, where it matters to you, with your own accountant. The official sources and your adviser decide; we help you understand and ask the right questions. The spreadsheet is a record-keeping template to use with the HMRC-recognised bridging product of your choice; it does not submit anything itself.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eVersion 1.1, law and rates as at 9 September 2026.\u003c\/strong\u003e Buyers receive updated versions by email when the rules change: within 1 working day for the dates we track, within 5 working days for anything else.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eOur promise:\u003c\/strong\u003e not clearer within 14 days, full refund. No form, no fuss.\u003c\/p\u003e","brand":"Plain Terms","offers":[{"title":"Default Title","offer_id":53715178946826,"sku":"PT-MTD-001","price":29.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0964\/8878\/4138\/files\/mtd-money-kit_1_hero_171df9f1-c57e-457a-9da3-bf5831983d6f.jpg?v=1789444735"},{"product_id":"adviser-licence-give-the-making-tax-digital-money-kit-to-your-clients","title":"Adviser licence: give the Making Tax Digital Money Kit to your clients","description":"\u003cp\u003e\u003cstrong\u003eFor accountants, bookkeepers and letting agents.\u003c\/strong\u003e Your clients keep asking the same Making Tax Digital questions. Hand them the answer instead of the fortieth phone call.\u003c\/p\u003e\u003cp\u003eThe Adviser Licence lets your practice give the Making Tax Digital Money Kit (the 37-page plain-English guide plus the Records Spreadsheet) to your own clients, and receive every updated version by email as the rules change.\u003c\/p\u003e\u003ch3\u003eTwo sizes\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eUp to 25 clients\u003c\/strong\u003e: £199 (works out under £8 a client)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eUp to 100 clients\u003c\/strong\u003e: £399 (under £4 a client)\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eWhat you get\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003eThe full Money Kit files, licensed for distribution to your named client base\u003c\/li\u003e\n\u003cli\u003eA one-page \"how to use this with your clients\" note and a ready-to-send client email\u003c\/li\u003e\n\u003cli\u003eEvery new version of the kit, with a one-page \"what changed\" note, for 12 months\u003c\/li\u003e\n\u003cli\u003eYour practice name and contact details added to the kit's back page on request, so the client comes back to you\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eThe licence, in plain terms\u003c\/h3\u003e\u003cp\u003eOne practice, its own clients, up to the number chosen. Not for resale, not for public download, not for use by another firm. Renew yearly.\u003c\/p\u003e\u003ch3\u003eWe make no claims\u003c\/h3\u003e\u003cp\u003ePlain Terms presents the official rules in plain English with examples, analogies and suggested options. Nothing here is tax advice; you remain your clients' adviser. Confirm anything you act on with gov.uk.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eOur promise:\u003c\/strong\u003e not clearer within 14 days, full refund.\u003c\/p\u003e","brand":"Plain Terms","offers":[{"title":"Up to 25 clients","offer_id":53715191759114,"sku":"PT-MTD-LIC-25","price":199.0,"currency_code":"GBP","in_stock":true},{"title":"Up to 100 clients","offer_id":53715191791882,"sku":"PT-MTD-LIC-100","price":399.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0964\/8878\/4138\/files\/mtd-money-kit_1_hero_3ad8eb3a-b642-49e8-98e9-b230ee771c82.jpg?v=1789444766"}],"url":"https:\/\/plainterms.co.uk\/collections\/sole-traders-landlords.oembed","provider":"Plain Terms","version":"1.0","type":"link"}