Summary
This article will give you guidance on how to access MTD report in Sage Taxation.
Description
The report will display when they have income of £50,001 or above and have the return finalised. (They should all have final returns as the report is for checking who would qualify based on the previous tax year.) The qualifying income types are below:
NOTE: It is based on income only, allowances and expenses may take the adjusted profit below that amount, but they would still qualify if the income is above.
Resolution
To Access
- Open Control Centre.
- Select Tools.
- Choose MTD Report from the options.