Alex Boulter, partner of CKCA, is joined by Jon Cottrell, Senior Partnership Executive at Midlands Air Ambulance Charity.

In this episode of The More Than Numbers Podcast, host Alex Boulter, Corporate Partner at CK Chartered Accountants sits down with software expert Millie Thompson to break down exactly what Making Tax Digital (MTD) means for you, how to get ready, and why it doesn't have to be as daunting as it sounds.

From April 2026, sole traders and landlords with a combined turnover of £50,000 or more will be required to submit quarterly digital records to HMRC, with further thresholds of £30,000 (April 2027) and £20,000 (April 2028/29) rolling in over the following years.

In this episode, Alex and Millie cover:

✔ Who needs to comply — and when (including the turnover thresholds you need to know)

✔ Why it's turnover, not profit, that determines whether you're in scope

✔ What quarterly submissions actually involve and the deadlines you'll need to hit

✔ How MTD affects you if you have multiple income streams (sole trade plus rental property)

✔ Why your payment dates aren't changing and what that means in practice

✔ How the right accounting software can make the whole process far less painful

✔ The practical first steps you can take right now including why a separate business bank account makes everything easier

✔ Why MTD is an opportunity for real-time financial insight, not just a compliance burden

If you're approaching any of the MTD thresholds and haven't had a conversation with your accountant yet, now is the time. CK's team has been helping clients prepare for Making Tax Digital for years — and we're here to make sure you're ready.

📞 Get in touch with CK: +44 (0)1384 245200

📧 enquiry@ckca.co.uk

🌐 www.ckca.co.uk

GUESTS & HOST

Host: Alex Boulter, Corporate Partner, CK Chartered Accountants

Guest: Millie Thompson, Software Expert

ABOUT THE MORE THAN NUMBERS PODCAST

The More Than Numbers Podcast is brought to you by CK Chartered Accountants, a West Midlands practice with over 140 years of experience helping individuals and businesses across the UK. We talk about the things that really matter to your finances: plain English, practical advice, and conversations that go beyond the numbers.

#MakingTaxDigital #MTD #MTDforIncomeTax #SoleTrader #HMRC #UKTax #TaxTips #Landlord #QuarterlySubmissions #AccountingAdvice #CKAccountants #MoreThanNumbers #UKAccountancy #SmallBusiness #SelfAssessment

Alex Boulter, partner of CKCA, is joined by Stephen Cook from Howard Wright, where they dive deeper into the key announcements and practical implications for you and your business.

What You'll Learn:

• Cloud vs on-site decision factors including costs, security, and control
• Industry-specific challenges and solutions for manufacturing and construction businesses
• How automated receipt scanning eliminates the shoebox and improves cash flow
• Making Tax Digital requirements and opportunities for sole traders
• Different software ownership models: rental vs purchase considerations
• Support strategies that ensure successful technology adoption

Perfect for business owners ready to make the leap to cloud computing, sole traders preparing for Making Tax Digital, and anyone seeking practical advice on implementing technology solutions that actually work for their business.

What You'll Learn:

• How to choose between different accounting software options
• The power of automation in reducing manual data entry
• Warning signs that you've outgrown your current system
• Building strong client-advisor relationships for better outcomes
• Real case studies of businesses that successfully scaled their operations

Perfect for business owners, bookkeepers, and anyone interested in leveraging technology to improve their financial processes.