Best Accounting Software for Sole Traders UK 2026 | MTD Compliance Guide скачать в хорошем качестве

Best Accounting Software for Sole Traders UK 2026 | MTD Compliance Guide

If you're a UK sole trader, Making Tax Digital (MTD) for Income Tax starts April 2026 - and you MUST use compliant accounting software. In this video, we review the best MTD-compatible platforms for sole traders and help you choose the right one. 🎁 GET 90% OFF XERO FOR 6 MONTHS: https://referrals.xero.com/60txq69kinl1 📊 Xero Pricing Details: https://referrals.xero.com/mjkk0a7nw0... ━━━━━━━━━━━━━━━━━━━━━━ ⏱️ TIMESTAMPS ━━━━━━━━━━━━━━━━━━━━━━ 0:00 - Introduction: MTD is Coming April 2026 0:45 - What Sole Traders Need in 2026 2:15 - Making Tax Digital Requirements Explained 3:30 - #1: Xero (Best All-Around for Sole Traders) 5:45 - #2: QuickBooks (Best for UK-Specific Features) 7:20 - #3: Coconut (Best for Mobile-First Users) 8:50 - #4: Sage (Best for Simplicity) 10:15 - Making Tax Digital: What You Need to Know 12:00 - Quick Comparison & Recommendations 13:20 - Tips for Choosing the Right Software 14:10 - Conclusion & Final Thoughts ━━━━━━━━━━━━━━━━━━━━━━ 🇬🇧 MAKING TAX DIGITAL (MTD) - KEY DATES ━━━━━━━━━━━━━━━━━━━━━━ 📅 April 6, 2026: MTD mandatory if income over £50,000 📅 April 2027: Threshold drops to £30,000 📅 April 2028: Threshold drops to £20,000 What MTD Means for You: ✅ Must use MTD-compatible software ✅ Keep digital records (no spreadsheets alone) ✅ Submit quarterly updates to HMRC ✅ Still file annual self-assessment by Jan 31st ✅ 12-month grace period for penalties (if joining April 2026) ━━━━━━━━━━━━━━━━━━━━━━ 💼 TOP 4 ACCOUNTING SOFTWARE COMPARED ━━━━━━━━━━━━━━━━━━━━━━ 1️⃣ XERO - Best All-Around ⭐ Our Top Pick 💰 Price: £15/month (90% off first 6 months available) ✅ Fully MTD-compliant ✅ Excellent bank feeds & auto-categorisation ✅ Professional invoicing with payment links ✅ Receipt capture via mobile app ✅ Clean, intuitive interface ❌ Payroll is an add-on 👉 Best for: Most sole traders wanting reliable, complete solution 2️⃣ QUICKBOOKS - Best for UK Tax Compliance 💰 Price: £15-20/month ✅ Rated top MTD platform by Consumer365 (Jan 2026) ✅ Built for HMRC compliance ✅ Excellent self-assessment support ✅ AI-assisted categorisation ✅ Tax estimates throughout the year ❌ Can feel feature-heavy for very small operations 👉 Best for: Tax-focused sole traders prioritising HMRC compliance 3️⃣ COCONUT - Best for Mobile Users 💰 Price: £9/month (Most Affordable!) ✅ Mobile-first design ✅ MTD-ready with step-by-step guides ✅ Real-time tax estimates ✅ Seamless bank connections ✅ Accounting support packages available ❌ Less feature-rich than Xero/QuickBooks 👉 Best for: On-the-go freelancers working from smartphones 4️⃣ SAGE - Best for Simplicity 💰 Price: £15/month ✅ Trusted UK brand (decades of experience) ✅ MTD-compatible ✅ Sage Copilot AI assistant (2026) ✅ Clean, no-frills dashboard ✅ Core accounting features ❌ Lacks advanced features like time tracking 👉 Best for: Straightforward sole traders wanting simple, reliable software ━━━━━━━━━━━━━━━━━━━━━━ 🎯 QUICK DECISION GUIDE ━━━━━━━━━━━━━━━━━━━━━ Choose XERO if: You want the most complete, reliable solution Choose QUICKBOOKS if: UK tax compliance is your top priority Choose COCONUT if: You work mostly from your phone Choose SAGE if: You want simple, trusted, no-frills software ━━━━━━━━━━━━━━━━━━━━━━ 💡 WHAT SOLE TRADERS NEED ━━━━━━━━━━━━━━━━━━━━━━ ✓ MTD-compatible software (mandatory!) ✓ Digital record keeping ✓ Invoicing & payment processing ✓ Expense tracking & categorisation ✓ Bank reconciliation (automatic feeds) ✓ Self-assessment support ✓ Receipt capture (mobile app) ✓ Quarterly HMRC submission capability ━━━━━━━━━━━━━━━━━━━━━━ 💬 LET ME KNOW ━━━━━━━━━━━━━━━━━━━━━━ Are you ready for Making Tax Digital? Which software are you using or planning to switch to? Drop a comment below! Already MTD-compliant? Share your experience to help other sole traders! ━━━━━━━━━━━━━━━━━━━━━━ 📺 MORE HELPFUL VIDEOS ━━━━━━━━━━━━━━━━━━━━━━ Xero Complete Tutorial 2026:    • Xero Review After 3 Years: The Truth Nobod...   Best Accounting Software for Small Business:    • Why Xero DESTROYS QuickBooks in 2026 – Bes...   QuickBooks Alternatives:    • QuickBooks Alternatives: Why I Switched to...   Xero vs QuickBooks:    • Xero vs QuickBooks 2026: I Tested Both for...   Xero Pricing USA:    • Xero Pricing USA: Which Plan Do You Actual...   Top 10 Accounting Software:    • Top 10 Accounting Software for Small Busin...   ━━━━━━━━━━━━━━━━━━━━━━ DISCLAIMER ━━━━━━━━━━━━━━━━━━━━━━ Some links in this description are affiliate links, which means I may earn a small commission at no extra cost to you if you make a purchase. All information regarding Making Tax Digital and compliance requirements is accurate as of February 2026 but may change - always check the official HMRC website for the most current MTD guidance. This video is for informational purposes only and not financial or legal advice. #MakingTaxDigital #MTD2026 #SoleTraderUK #AccountingSoftware #Xero #QuickBooks #Coconut #Sage #UKTax #SelfEmployed #HMRC #SmallBusinessUK #FreelancerUK #UKBusiness