MAKING TAX DIGITAL EXPLAINED
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Download the free guide for UK sole traders and understand the key accounting records, deadlines and Making Tax Digital changes in plain English.
Yes, in some cases you can still use Excel for Making Tax Digital, but Excel alone is not usually enough. MTD requires digital records and digital submissions to HMRC.
This means your spreadsheet must connect to HMRC through approved bridging software or another MTD-compatible connection.
Common misconception
Not true.
Excel counts as digital record keeping, but it cannot submit MTD updates to HMRC by itself.
Use Excel and MTD-compatible bridging software or an accounting software that can send updates digitally to HMRC.
Excel can be used, but it usually needs bridging software to submit information digitally.
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