Let me provide clarifications regarding the compatibility of QuickBooks Self-Employed (QBSE) with Making Tax Digital (MTD), JSSE.
QBSE is designed to help self-employed individuals manage their finances and prepare for tax time. At this moment, we can't provide any specific details about improvements or updates for QBSE to ensure compatibility with MTD (Making Tax Digital) by 2026.
Enhancing the program to work seamlessly with the MTD tool and ensuring it meets HMRC standards is a significant improvement that will greatly benefit numerous users. Let’s make sure to pass this idea along to our product developers for consideration in future releases.
Here's how:
- Open QBSE and tap on the Assistant icon at the bottom.
- Enter feedback in the field.
- Choose Add a feature and enter your product suggestions.
- Click Send.
For MTD compliance and to meet HMRC's requirements, you can consider switching to QuickBooks Online (QBO), which offers more robust features suitable for managing complex tax scenarios. Make sure to download all your work from QuickBooks Self-Employed first, so you have an additional copy for your records.
I’ve provided some links below that feature topics about managing your Self-Assessment taxes, common expenses you can claim on your income tax, and a checklist to help you keep track of your tax return:
If you have any more questions or need further clarification, feel free to leave a comment below. I’m here to lend a helping hand.
