Making Tax Digital · UK · 2026–2028 rollout

Your accounting software handles the filing.
We handle everything it doesn't.

Substrate is the layer beneath Xero, QuickBooks and Landlord Studio — built for landlords, sole traders and the accountants who file for them, wherever the off-the-shelf software runs out of road.

No new accounting system to learn. No data migration horror stories.
Xero QuickBooks Landlord Studio Spreadsheets Substrate HMRC filing Accountant view Client portal
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Landlords & sole traders mandated into MTD by 2026
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Fixed penalty once four points are reached
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Threshold-drop phases running through 2028
Why now

This isn't optional, and it isn't one deadline — it's three

HMRC isn't asking. Making Tax Digital for Income Tax is a legal requirement, phased in by income threshold over three years. Waiting until your year arrives leaves no time to fix a bad setup.

April 2026

Phase 1 — live now

Mandatory for sole traders and landlords with gross income over £50,000. Quarterly digital updates plus a final declaration by 31 January following the tax year end.

April 2027

Phase 2

Threshold drops to £30,000. A much larger group of landlords and sole traders is pulled in — including many still running spreadsheets today who assume they have more time.

April 2028

Phase 3

Threshold drops again to £20,000. At this point MTD covers the large majority of self-employed people and landlords in the UK — not just the largest portfolios.

£200 →

Penalty points, not a warning letter

Miss four quarterly deadlines and HMRC issues a fixed £200 penalty — then another £200 for every late submission after that. Points don't clear quickly either: once you cross the threshold, you need 24 straight months of on-time filing to reset to zero.

~7%

Interest, compounding daily

Late payment interest runs at the Bank of England base rate plus 2.5% — currently around 7% a year, charged daily on whatever's outstanding. It keeps accruing quietly whether or not a penalty has been issued.

A spreadsheet on its own won't pass

Records must be "digitally linked" from source to submission. A spreadsheet you retype into by hand each quarter doesn't qualify — HMRC treats that the same as no digital records at all.

You can't file the year-end return without the quarters

Quarterly updates must be submitted before the final declaration can go in at all. Falling behind during the year doesn't just risk a fine — it can block the annual filing outright.

Worth knowing

HMRC has confirmed a "soft landing" for 2026/27 — no penalty points for late quarterly updates in that first year. It's easy to read that as "no rush." It isn't: digital record-keeping and quarterly submission are still mandatory to reach the final declaration, interest still accrues from the original due date, and the soft landing disappears entirely from year two. The businesses that get caught out are the ones who mistake the grace period for a deadline extension.

The gap

Compliant software. Incomplete coverage.

Xero and QuickBooks are excellent at what they're built for — quarterly filing for a simple, single-income setup. From April 2026, roughly 2.7 million landlords and sole traders are required to file this way. But "simple" describes fewer clients than accountants would like.

Handled well

What Xero & QuickBooks do properly

  • Quarterly digital record-keeping and HMRC submission
  • Bank feed reconciliation for a single income stream
  • Straightforward sole-trader or single-property filing
Left open

What falls through the cracks

  • Multi-property landlords with a side business, split across two logins
  • Final Declaration for savings, dividends or overseas income — still maturing industry-wide
  • Partnerships and corporation tax MTD — not yet in scope on any platform
  • Tenant documents, maintenance records, deposits — outside any accounting tool entirely
  • Accountants manually checking five logins to track one client's filing status
What we build

The plumbing between systems, not another system to learn

FIL / 01

Client intake portal

A single place for landlords or sole traders to upload receipts, invoices and rental paperwork — instead of an inbox full of forwarded PDFs. Feeds straight into whatever software the accountant already uses.

FIL / 02

Cross-software reconciliation

For clients running property income through one tool and self-employment through another, we build the connection that keeps both in sync automatically — no more re-typing the same transaction twice.

FIL / 03

Practice-wide filing dashboard

One screen for the accountant showing every client's filing status, deadline, and outstanding document — regardless of which mix of software each client happens to run underneath.

FIL / 04

Spreadsheet migration

For clients still keeping five years of records in Excel, we move them onto a properly structured, MTD-compliant setup before their deadline — done once, not scrambled every quarter.

Functionalities

Everything included, laid out plainly

No package tiers hiding what's actually built. Here's the full functional scope of what Substrate delivers.

Client intake portal

Upload receipts, invoices and rental documents from a phone or desktop — one link, no login headaches.

Automated data capture

Photographed receipts and forwarded invoices get amounts, dates and categories extracted automatically.

Cross-software reconciliation

Keeps Xero, QuickBooks and Landlord Studio in sync for clients running income through more than one tool.

Multi-property tagging

Income and expenses split automatically by property, so portfolio-level and per-property P&L are both always accurate.

Practice-wide dashboard

Every client's filing status — filed, due, overdue — visible on one screen, regardless of software mix.

Deadline & reminder automation

Quarterly update and final declaration dates tracked and chased automatically, per client, without manual follow-up.

Spreadsheet migration

Legacy Excel records restructured into digitally-linked, compliant format ahead of a client's deadline.

HMRC submission tracking

Live status of what's been filed, what's pending, and what's overdue — pulled directly from the filing pipeline.

White-label branding

Portal and dashboard carry the accountancy practice's own name and colours — not a visible third-party tool.

Role-based access

Separate, permissioned views for accountant staff, the practice owner, and each individual client.

Secure storage & audit trail

Every document version-tracked and retained to HMRC's record-keeping standard, with a full change history.

Complex structure support

Partnerships, foreign property income, and mixed sole-trade-plus-property cases, scoped and built individually.

Why we're not a competitor

We sit on top of Xero and QuickBooks — we don't replace them

Your existing software stays exactly where it is. Nothing about your MTD filing changes. We build around the parts it was never designed to cover.

Capability
Xero / QuickBooks
Substrate
Quarterly HMRC digital filing
Core strength
We build on top of it — not around it
Single property, single income
Fully covered
No involvement needed
Multi-property + side business, one view
Two logins, manual matching
Built and automated
Client document collection
Not in scope
Client portal included
Multi-client practice overview
Per-client login only
Single dashboard
Spreadsheet-to-compliant migration
Bridging tools only
Done for you, once
Who else exists

Yes, there are others. Here's who, and why that's fine

We're not pretending this space is empty. Several well-built products already cover parts of it. Worth knowing who they are before you take our word for anything.

ALL-IN-ONE
LANDLORD PLATFORMS
Landlord Studio — property + accounting, 80,000+ users
Latch — AI automation + compliance tracking
Hammock — portfolio-level income dashboards
Landlord Vision — tenancy + maintenance + accounting
August — open banking rent reconciliation
PRACTICE TOOLS
FOR ACCOUNTANTS
RentalBux — free multi-client MTD dashboard
Xero HQ — built into Xero's practice edition
QuickBooks Online Accountant — built-in multi-client view
Sage Practice Edition — built-in multi-client view
Why we're different anyway

Every one of them is a product you self-serve into. We're the people who set it up for you.

All-in-one platforms are genuinely good software — but they ask a practice or a landlord to move their whole workflow onto someone else's system, learn it, and hope it fits. Most small practices don't have a spare afternoon to evaluate five tools and migrate a client book themselves.

Built-in practice dashboards from Xero, QuickBooks and Sage only see what's inside their own platform — they go blind the moment a client also uses a second tool, which is exactly the messy multi-software situation most real client books are in.

We don't sell you a new platform. We sit down with your actual software mix, your actual client list, and build the specific portal, dashboard, or reconciliation your practice needs — under your name, fitted to what you already run, including the edge cases (partnerships, multi-property, spreadsheet migrations) none of the above fully solve on their own.

Pricing

Priced like a service, not a software subscription trap

One setup fee to build it, a small monthly fee to keep it running. No annual lock-in unless you want the discount for prepaying.

Starter

Single practice, one accounting system, up to ~15 clients
£1,200–£1,800 one-off setup
  • Client intake portal
  • Single-software connection
  • Basic filing status view

Growth

Multi-software reconciliation, up to ~50 clients
£2,500–£4,000 one-off setup
  • Everything in Starter
  • Cross-software reconciliation
  • Spreadsheet migration included

Practice-wide

50+ clients, white-labelled dashboard
£5,000–£8,000 one-off setup
  • Everything in Growth
  • Full white-label dashboard
  • Priority build & support queue
Monthly, after setup

A base platform fee per practice, plus a small per-client add-on — one combined invoice, cancel anytime. An annual prepay option saves roughly 15% for practices that prefer to pay once.

£49–£99 base + £2–£4 per client / mo
e.g. a 40-client practice: £79 base + (40 × £3) = ~£199/month — less than one billable hour, covering every client's reconciliation.
Who it's for

Built for two people in the same filing chain

Stop logging into five systems per client

See every client's MTD status — filed, overdue, missing documents — from one dashboard, no matter which software combination each client happens to use.

Take on complex clients without dreading them

Multi-property portfolios and mixed-income sole traders stop being the clients you avoid. The reconciliation work that used to eat an afternoon happens automatically.

Fewer chased emails, cleaner records

Clients upload documents directly into a portal that feeds your existing software — no more forwarded PDFs sitting in an inbox until the week before a deadline.

White-labelled, so it's your service

The portal and dashboard carry your practice's name. Clients see it as part of what you offer, not a third-party tool bolted on.

One deadline, handled properly

If you own more than one property, or run a rental alongside a business, we set up the system that keeps both compliant without you learning two pieces of software.

Off spreadsheets, once and properly

If you're still tracking everything in Excel, we migrate you to a compliant setup ahead of your deadline — not a last-minute scramble in the final quarter.

Upload once, done

Photograph a receipt or forward an invoice into the portal — it's reconciled and ready for your accountant without you or them re-entering anything.

Your accountant sees it the moment you do

No more chasing emails back and forth before a filing date. Your accountant has visibility into your records as they're added.

How it works

From first call to first filing

01

Audit your current setup

We map what software you or your clients already use, where the gaps sit, and what genuinely needs building versus what's already covered.

02

Build the missing layer

Portal, dashboard, or reconciliation — scoped to the specific gap, not a generic package. Delivered by our architecture-led team across London and India.

03

Migrate and connect

Existing records move across cleanly. Your accounting software keeps doing exactly what it does today — we connect it, we don't replace it.

04

Support through every deadline

Thresholds drop every year through 2028. We keep the system current as HMRC's rules change, so you're not rebuilding it each time.

Get started

Let's see what's actually missing in your current setup

A 20-minute call — bring your current software stack, we'll tell you honestly what needs building and what doesn't.

Book a 20-minute call