Making Tax Digital for Income Tax (‘MTD IT’) will be implemented from April 2026. Accountants are working hard to prepare clients for their new responsibilities and are already concluding it will be difficult to serve clients who cannot maintain digital records or submit information to HMRC online each quarter.
Moving clients to a fixed, monthly subscription fee for personal tax work may help clients understand the importance of accurate record keeping and make conversations about additional fees needed for MTD IT software and services easier to navigate.
At Initor Global, we have developed a fixed price model to help accountants price MTD IT services competitively using our outsourced services.
How does the fixed price model work?
With the April 2026 deadline for implementing MTD IT rapidly approaching, accountants should have an understanding about the level of support individual clients will need to meet their new responsibilities. Some accountants have decided providing all MTD bookkeeping and accounting services in-house offers the best solution for clients. Others are relying on clients to maintain accurate records and will only provide support each quarter when online submissions ae due.
Regardless of the model adopted, outsourcing work provides a cost-effective way to serve clients efficiently.
Initor Global MTD IT services are completely flexible. You can use our MTD Lite, Premium or Full Service based on the number of monthly bookkeeping transactions and scope of work your clients need.
Alternatively, accountants can engage accountants and bookkeepers directly on an ad-hoc (hourly) basis or use a dedicated individual to work remotely as part of the onshore team.
Initor Global fixed price MTD IT services
Our services are designed to meet the needs of accountants and their clients, whether this is monthly bookkeeping or a fully comprehensive service, as shown below.
| Scope of service | Lite | Premium | Full |
|---|---|---|---|
| Monthly data collection and bookkeeping – any software |  |
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| Update HMRC compatible software quarterly | |
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| File summary information each quarter using HMRC compatible software | |
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| Prepare summary annual accounts | |
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| File final declaration | |
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| Prepare simple final self-assessment tax return to client approval stage | |
| MTD Lite | MTD Premium | MTD Full |
|---|---|---|
| Perfect for clients who only need bookkeeping services | If your clients need monthly bookkeeping and quarterly records submitted to HMRC | For clients who need a comprehensive MTD IT and self-assessment tax return service |
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* Simple self-assessment means MTD IT income and expenses plus any dividends or PAYE. Other complex returns on application.
Initor Global fixed price MTD IT services
Fixed prices are calculated based on the number of bookkeeping transactions each month. Accountants will need to take out a separate engagement for each business a sole trader or landlord client operates.
| Monthly Fixed Fee | Lite | Premium | Full |
|---|---|---|---|
| Up to 25 transactions per month | £10.00 | £15.00 | £20.00 |
| 26 to 50 transactions per month | £15.00 | £20.00 | £25.00 |
| 51 to 75 transactions per month | £20.00 | £25.00 | £30.00 |
| 76 to 100 transactions per month | £25.00 | £30.00 | £35.00 |
How Initor Global fixed price MTD IT services support accountants
Our fixed price model recognises the different needs and complexity of MTD IT clients. Some clients are comfortable maintaining digital records and will make an easy transition to the new MTD IT regime using a self-service approach. Other clients are not interested in maintaining records and will look to accountants to offer a cost-effective solution, covering monthly bookkeeping, quarterly submissions to HMRC and filing self-assessment tax returns.
We developed our model based on feedback from our customers and other accountants looking to implement MTD IT effectively. With many small businesses resistant to any change in fees for additional services, using an offshore supplier provides the perfect solution.
How do I find out more about fixed price MTD IT services?
We have a dedicated page on our website about Making Tax Digital for Income Tax. If you are an accountant looking to outsource services, increase margins and help your client’s thrive, you can book a video call with one of Initor Global’s expert advisors using this link or send an email to [email protected].
We offer a free trial of up to 10 hours of accountant time and we promise to turn your trial work around within 72 hours.
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