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Monzo launches free, HMRC-approved tax tool for Business account users to simplify MTD for Income Tax prep ahead of April 2026.
Monzo has launched a free, HMRC-approved tax tool for its Business account users to help sole traders and landlords prepare for the April 2026 rollout of Making Tax Digital (MTD) for Income Tax.
The tool, powered by Sage, allows users to file quarterly and annual tax returns directly through the Monzo app, aiming to simplify compliance and reduce stress.
It is designed to support small businesses ahead of mandatory digital reporting, with full availability before the new tax year.
HMRC endorses the use of approved digital tools to improve accuracy and record-keeping.
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Monzo lanza una herramienta de impuestos gratuita aprobada por HMRC para usuarios de cuentas de negocios para simplificar el MTD para la preparación del impuesto sobre la renta antes de abril de 2026.