Cumulative quarterly reporting
Prepare cumulative updates that include figures from previous periods. Q2 covers Q1 and Q2, while Q3 covers Q1, Q2 and Q3, helping you maintain a running record throughout the tax year.
HMRC-recognised MTD Software for Sole Traders
Manage MTD for sole traders with Nomi. Keep income and expenses organised, prepare cumulative quarterly updates and connect bookkeeping with tax workflows in one platform.
Nomi helps accountants manage MTD clients with automated reminders, spreadsheet imports and connected bookkeeping. Sole traders can maintain digital records and prepare for Making Tax Digital reporting requirements.
Manage MTD for sole traders with Nomi
Making Tax Digital for sole traders requires eligible individuals to maintain digital records and report income and expenses quarterly. Each update builds on previous periods, making accurate records essential throughout the tax year.
Nomi helps you manage MTD with:
Digital record-keeping
Keep business and property income and expenses organised.
Cumulative quarterly updates
Prepare updates using figures from the start of the tax year to the relevant quarter.
Connected bookkeeping
Export relevant bookkeeping data for MTD reporting.
Year-end tax preparation
Bring records together for year-end processes and tax reporting.
Client management
Manage MTD tasks across your client portfolio.
MTD software features that support your workflow
Digital income and expense records
Keep financial transactions organised to make reviewing records and preparing quarterly updates easier.
Connected bookkeeping and MTD
Link bookkeeping data to MTD workflows and export relevant information for sole traders, and property income reporting.
Automated MTD reminders for clients
Set up to six email and SMS reminders using Nomi's email templates. Reminders target clients who have not yet filed, reducing manual follow-ups.
Spreadsheet templates for client records
Import templates for self-employment, sole trader and rental income. Clients can maintain their financial information in spreadsheets and import their records into Nomi for further processing.
Client communication facility
Manage client correspondence to support MTD-related queries, information requests and follow-ups.
Tax calculations and year-end workflows
Bring financial records together to support tax calculations and year-end reporting.
Looking for the best MTD software for sole traders? Choose a solution that supports digital records, cumulative updates, and client workflows alongside your wider accounting and tax work.
Who can use MTD Software for Sole Traders?
Nomi supports accountants, bookkeepers, and individuals preparing for Making Tax Digital requirements.
Accountants and bookkeepers
Manage MTD across your client portfolio, automate reminders, import client records and prepare cumulative quarterly updates.
Sole traders and freelancers
Organise business income and expenses digitally and prepare for the MTD reporting requirements that apply to you.
MTD for Sole Traders: Income thresholds and start dates
Making Tax Digital for Income Tax is being introduced in phases based on qualifying income from self-employment and property.
| Qualifying income | MTD start date |
|---|---|
| More than £50,000 | 6 April 2026 |
| More than £30,000 | 6 April 2027 |
| More than £20,000 | 6 April 2028 |
The thresholds are based on qualifying income, not profit. Accountants and sole traders should check the relevant tax-year figures to determine when MTD applies.
Preparing early gives you time to organise digital records, choose compatible software, and establish a process for cumulative quarterly reporting.
Get your MTD workflow ready with Nomi
Make MTD easier to manage with connected bookkeeping, cumulative quarterly updates, spreadsheet imports and automated client reminders. Nomi helps accountants reduce manual follow-ups and keep client records organised throughout the tax year.
Manage records. Prepare quarterly updates. Keep client work moving.
Explore our other products
Choose the Nomi modules that suit your firm, from Accounts Production to Bookkeeping, and create a solution that works for you.
MTD Software for Accountants
Manage Making Tax Digital for Income Tax across your client portfolio.
- Prepare and submit quarterly updates for sole traders and landlords
- Track client submissions and deadlines from one place
MTD ITSA Software
Get ready for Making Tax Digital for Income Tax with Nomi.
- Manage quarterly updates for sole traders and landlords
- Keep income and expense records organised for HMRC submissions
Frequently Asked Questions
Do sole traders need to use MTD?
Eligible sole traders must follow MTD for Income Tax if their qualifying income exceeds the relevant threshold and no exemption applies. The requirements began on 6 April 2026 for the first group.
What is the best MTD software for sole traders?
The best MTD software for sole traders should support digital record-keeping, cumulative quarterly updates and year-end tax reporting. Nomi combines these workflows with bookkeeping links, spreadsheet imports, and automated client reminders.
Can accountants manage MTD for sole trader clients using Nomi?
Yes. Nomi helps accountants organise client records, prepare cumulative updates, and send automated email and SMS reminders to clients who have not yet filed.
What are cumulative quarterly updates under MTD?
Cumulative quarterly updates report income and expenses from the start of the tax year to the end of each reporting period. Q2 includes Q1 and Q2 figures, while Q3 includes figures from Q1 through Q3.
Can I import existing accounting data into Nomi?
Nomi supports importing accounting data, including spreadsheet-based records using relevant templates for self-employment and property income. The available import options depend on the data and template used.
Can Nomi send automatic MTD reminders to clients?
Yes. Accountants can configure up to six email and SMS reminders using Nomi's email templates. Reminders are sent to clients who have not yet filed, helping reduce manual follow-ups.
Can I link bookkeeping data to MTD in Nomi?
Nomi supports linking bookkeeping with MTD workflows, allowing relevant data to be exported for sole traders, including property income reporting.
Do sole traders need to pay tax every quarter under MTD?
No. Quarterly updates report income and expenses to HMRC; they do not automatically require quarterly tax payments. Applicable tax payment deadlines remain separate.
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