Morris Crocker - Chartered Accountants
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Dext Solo: simple, accurate bookkeeping for busy sole traders and landlords

With Making Tax Digital (MTD) for Income Tax coming into effect for many businesses from April 2026, now is the perfect time to get your systems in place. Under the current rules, MTD will apply to individuals with gross income over £50,000 from April 2026, and to those earning over £30,000 from April 2027. This means quarterly digital updates will become a routine part of running your business  and having the right software will make all the difference.

Staying on top of your bookkeeping doesn’t need to be stressful,  especially with Dext Solo, a smart, streamlined tool designed specifically for sole traders and self‑employed professionals, including those juggling multiple income sources. If you’ve ever felt overwhelmed by receipts, spreadsheets, or the thought of quarterly submissions, this is a solution worth exploring.

Why Dext Solo Works So Well for Sole Traders

Dext Solo takes the hassle out of day‑to‑day bookkeeping, giving you clarity, accuracy, and confidence in your financial records. Some of the standout features include:

  • Automatic transaction capture from bank feeds and receipts, reducing manual entry and saving valuable time
  • Smart expense categorisation to ensure your costs are treated correctly for tax purposes
  • Real‑time dashboards that help you understand your income, spending patterns, and profitability at a glance
  • Year‑end‑ready records that minimise errors and make tax season far smoother

These tools work together to keep your bookkeeping clean, organised, and compliant, exactly what’s needed as we move toward the new MTD requirements.

Join Our Webinar: See Dext Solo in Action

We’re hosting a live webinar on Wednesday 25th February at 12pm, where we’ll walk through how Dext Solo can support you throughout the year and make quarterly MTD submissions significantly easier. Joined by our partners at Dext!

Webinar link: Microsoft Virtual Events Powered by Teams

Whether you’re already using digital tools or just starting to prepare for MTD, this session will give you practical insights and tips you can apply straight away.

Preparing for MTD 2026/27 - Don’t Leave It Too Late

With the upcoming changes, it’s important to ensure:

  • Your bookkeeping is digital and up to date
  • Your income thresholds are monitored so you know when MTD applies
  • Your records are accurate to avoid errors in quarterly submissions
  • Your software is compatible with HMRC’s MTD requirements

Dext Solo is built with these needs in mind, making it a strong choice for sole traders who want to stay compliant without adding extra admin to their week. Please reach out to us if you have any questions or would like more information.

 

 

13/01/2026

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REF: MC/NL/1.2