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MTD Digital Record - Self-Employment (Simplified)

Submit simplified records, with consolidated income and expenses.

Updated over a week ago

This record explained

You can use this digital record if your income is less than £90,000 per annum (this template is available to download at the bottom of the page).

The 'Summary' sheet of your digital record cannot be edited. This is a requirement of HMRC. To enter amounts, you add items to the 'Income' and 'Expenses' bookkeeping sheets.

Entering income and expenses

On the 'Income' bookkeeping sheet, income can be reported as a single total figure. You don’t have to break down different types of income; just select 'Sales' from the 'Income Type' dropdown list.

On the simplified 'Expenses' bookkeeping sheet, you can also submit a single consolidated figure for allowable expenses. Alternatively, you can choose to break them down into HMRC’s standard expense categories (e.g. travel, office costs, advertising, etc.), but it’s not mandatory.

After populating figures in your 'Income' and 'Expenses' bookkeeping sheets, they will be summarised on your summary sheet. For further advice on keeping digital records, please refer to your advisor or HMRC for clarification.

Download template

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