MTD ITSA is HMRC’s new system requiring digital tax
records and quarterly updates for self-employed and landlords.
Who we are
OUR SERVICES: EAST GRINSTEAD ACCOUNTANTS
Why use Merranti Accounting?
LOCAL ACCOUNTANT, WHAT'S THE DIFFERENCE?
Book Your Consultation Today
Who we are
Common Questions about MTD ITSA
Our process
Making Tax Digital
MTD for ITSA will become mandatory
MTD expands to £30,000–£50,000 income band
MTD expands to above £20,000
Who We Are
How we can help you
Book a free meeting to discuss
In this free 30-minute meeting, we’ll take the time to understand your business, your goals, and the challenges you’re currently facing. We’ll discuss any areas where you may need support — whether that’s bookkeeping, tax planning, cashflow, or general financial guidance. There’s no obligation or pressure; the aim is simply to give you clear answers, honest guidance, and practical next steps you can take straight away. This session also gives you the chance to see how Merranti works and whether we’re the right fit to support your business going forward.Book 30-Minute Meeting
As MTD ITSA becomes mandatory, landlords must maintain digital records and submit quarterly updates. We ensure all rental income, allowable expenses, mortgage interest relief and property portfolios are set up correctly in compliant software. Merranti Accounting manages your submissions, keeps your records accurate, advises on tax efficiency, and ensures your lettings remain compliant without additional admin stress.
Sole traders will need to keep digital records and file quarterly submissions under MTD ITSA. We set you up with the right software, streamline your bookkeeping, and manage all reporting to HMRC on your behalf.. CLICK HERE to obtain your sole trader quote
Although partnerships will join MTD ITSA later, preparing early is essential. We help partnerships implement digital record-keeping, set up compliant software, align partner drawings/profit shares, and prepare for quarterly reporting. Our proactive planning ensures your partnership structure, tax liabilities and record-keeping are ready long before the rules become compulsory.
Testimonials
What our clients say
I’ve just used Merranti for my tax return and they were incredibly helpful, efficient, easy to deal with and kept my tax bill as low as possible. Andrew could not do enough for me (when I knew nothing) and took away all of my tax worries. Would highly recommend- Chris
I have been using Merranti Figures Accounting for many years now in the filing of my tax returns. Neha Patel and the team at the Salfords office are very helpful and a pleasure to deal with. They have provided me with clear advice and guidance and the level of service is very professional.
Lovely Anthea @ Merranti has already saved me the best part of £13k! Best thing I’ve done was switching accountants.
Andrew at Merranti is incredible! His fast replies and 5 star service are nothing short of the best, thanks always!
Andrew at Merranti is incredible! His fast replies and 5 star service are nothing short of the best, thanks always!
We have been working with Merranti for a couple of years now and found them to be diligent, responsive and a great group company to partner with. I’d highly recommend them.
Financial Planning and Cash Flow Management
Keeping a steady cash flow and planning for fluctuating income are some of the biggest challenges sole traders face. Merranti provides tailored financial insights to help you manage cash flow, budget effectively, and make sound financial decisions.
- Cash Flow Forecasting: We analyse your cash flow patterns and create forecasts that prepare you for both busy periods and potential slowdowns, helping you manage cash reserves.
- Budgeting for Success: Our financial planners work with you to create realistic budgets that ensure your resources are used effectively, allowing you to set and achieve financial goals.
- Debt Management Support: If you have outstanding debts, we offer guidance on how to manage and repay them strategically, so you can maintain financial stability.
Flexible Payroll Solutions for Self-Employed and Contractors
For sole traders with employees or contractors, managing payroll correctly is essential. Our flexible payroll services ensure compliance and accurate reporting, no matter the size of your team.
- Payroll and PAYE for Employees: We manage payroll for any employees you may have, ensuring all taxes and deductions are calculated accurately and filed with HMRC.
- CIS (Construction Industry Scheme) Compliance: If you’re a contractor in the construction industry, we help with CIS deductions and filing, ensuring compliance and accurate returns.
- Self-Employed Pension Planning: We advise on setting up a personal pension and making contributions, helping you prepare for the future.
Business Advice and Strategic Support for Sole Traders
Running a business on your own can be challenging, but you don’t have to navigate it alone. Merranti provides trusted advice to help you identify new opportunities, manage risks, and plan for growth with confidence.
- Growth and Profitability Planning: From setting financial goals to tracking profitability, we offer actionable insights to help you grow sustainably and increase income.
- Scenario Analysis for Decision-Making: We provide data-driven analysis of different scenarios to support key decisions, helping you weigh the benefits and risks.
- Exit and Succession Planning: If you’re considering selling your business or retiring, our advisors can help you prepare, ensuring a smooth transition that protects your financial interests.
Comprehensive Bookkeeping and Financial Reporting
Accurate bookkeeping is vital for making informed business decisions and meeting tax obligations. Merranti provides full bookkeeping support, so you always have a clear picture of your finances.
- Efficient Bookkeeping: Our team manages your daily financial records, including income, expenses, and reconciliations, to ensure your books are always up-to-date.
- Monthly Financial Reports: We provide monthly reports on your financial health, giving you insights into profitability, expenses, and areas for improvement.
- End-to-End Service: By managing both your bookkeeping and accounting needs, we deliver an integrated approach that simplifies your financial management, from day-to-day operations to year-end tax planning.
Trust Merranti Accounting to Simplify Your Journey as a Sole Trader
Whether you’re just starting out or are an established sole trader, Merranti Accounting offers the dependable support and guidance you need to manage your finances with confidence. Our trusted approach combines proactive advice, expert guidance, and personalised service to help you achieve lasting financial success.
Ready to simplify your finances and maximise your potential? Contact us today to discover how Merranti can help you every step of the way.























