SimpleTaxFlow

Year end

Year-end adjustments and losses for MTD

SimpleTaxFlow lets you make your year-end adjustments in Making Tax Digital: adjust HMRC’s business summary, add annual allowances and record losses before you submit your tax return.

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No card required until you are ready to submit to HMRC.

Who it is for

Sole traders and landlords who need to change their figures for the year before submitting their tax return.

What it does

  • Adjust HMRC’s business summary for self-employment and UK property.
  • Add annual allowances and adjustments, such as capital allowances.
  • Record losses brought forward and make loss claims.
  • Carry back a loss from the 2026 to 2027 tax year onwards.

Not supported yet

  • The tax saved by carrying a loss back is not sent to HMRC yet.
  • Foreign property is not supported yet.

How it works

  1. Open year end

    Choose the business and tax year in Tax.

  2. Make your adjustments

    Add allowances, adjustments and losses where they apply.

  3. Check HMRC’s figures

    See the updated summary before your tax return.

Questions about year-end adjustments

Quarterly updates and your tax return. All included.

£29.99 + VAT a year. No card required until you are ready to submit to HMRC. Renews each year. Cancel renewal any time.

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