Making Tax Digital: How Your Membermeister Account Can Help

The UK Government’s initiative to bring income recording and tax returns into the digital age is getting closer - and we want to help you feel fully prepared.

We’ve already added features to membermeister to support the transition, so here’s a simple overview of what Making Tax Digital (MTD) is, what you’ll need to do, and how we can help.

Business owners will be required to use MTD-approved software to keep digital records of income & expenses, submit quarterly updates online and a final end-of-year declaration.

MTD was first announced in 2015, with VAT-registered businesses required to comply from April 2022. The next phase applies to self-employed individuals and the roll out date depends on income levels:

Limited companies are currently exempt, but the government plans to roll out MTD for Corporation Tax in the future.

HMRC provides a full list of approved options, but the most widely used and our recommended choices are:

✔ Xero
✔ QuickBooks Online

Both are fully MTD-compatible for VAT and will support MTD for Income Tax once HMRC opens the service.

If you're using membermeister to manage your admin and billing then you already have compliant digital records, you simply need to export them into your chosen accounting software.

Your accounting software will be a one-size-fits-all package to deal with tax and accounting and can handle payroll and VAT too. Membermeister on the other hand handles everything else that's involved with the day to day running and admin of your business.
​

Membermeister accurately tracks and records:

Membermeister data can be downloaded in a format that is fully compatible with either XERO or Quickbooks. Just click the relevant link below and follow our step-by-step guides.

If you have any questions, or need help just hit 'Get Support' in your account or send an email to [email protected]

Best wishes, Team membermeister ⭐