TL;DR Yes. Excel can still be used as part of an MTD-compliant setup when paired with compatible bridging software. For many sole traders and landlords with relatively straightforward records, Excel can remain a practical and low-cost way to manage income and expenses without needing to completely change systems. The key thing to understand is: Can […]
TL;DRYes. Spreadsheets can still be used for Making Tax Digital (MTD) in many situations when paired with compatible bridging software and proper digital record keeping.For many sole traders and landlords with relatively straightforward income and expenses, a spreadsheet-based approach can be a simpler and lower-cost alternative to full accounting software. The key is understanding:• what […]
