If you are just getting started with MTD, a spreadsheet is the simplest way to track your income and expenses. Download our free MTD-compliant template — available for both Excel and Google Sheets — and you will have everything you need to prepare for your first quarterly update.
What is included
| Feature | Included |
|---|---|
| Income tracker (by date and category) | Yes |
| Expense tracker (by date and category) | Yes |
| Quarterly summary sheets | Yes |
| Self-employment income section | Yes |
| Property income section | Yes |
| Digital links section | Yes |
| Simple instructions included | Yes |
How to use this template
- Download the Excel or Google Sheets version
- Enter your income — add each payment received with date, amount, and category
- Enter your expenses — add each expense with date, amount, and category
- Check your quarterly summary — the template automatically calculates your totals
- Use the summary for your MTD submission — enter the totals into your MTD software or bridging tool
Need more than a spreadsheet?
This template is a starting point. As your business grows, you may want to upgrade to MTD-recognised software that automates the submission process. Check out our software reviews and free MTD software guide for recommendations.