How quarterly updates work

HMRC requires quarterly income and expense summaries. Here is how they work in practice. Direct submission to HMRC is not currently available.

Quarterly updates are a cornerstone of Making Tax Digital.

They are Cumulative

A common misconception is that each update covers only three months of data in isolation. In reality, each update is cumulative from 6 April to the end of the relevant quarter.

Deadlines

Quarter 1 (6 Apr – 5 Jul): Deadline 7 August
Quarter 2 (6 Apr – 5 Oct): Deadline 7 November
Quarter 3 (6 Apr – 5 Jan): Deadline 7 February
Quarter 4 (6 Apr – 5 Apr): Deadline 7 May

KiTax helps you prepare these figures. Direct submission to HMRC is not currently available.

Record keeping made simple

KiTax helps you stay organized for Making Tax Digital without the accounting complexity. Keep clean digital records and see your estimated tax bill in real-time.

Start keeping digital records for free

KiTax currently provides record keeping and preparations tools. Direct submission to HMRC is not currently available.