MTD for ITSA quarterly updates

This schedule sets out the scope of services we will provide.

The purpose of this schedule is to clearly define what is and is not included in the scope of our work.

This schedule should be read in conjunction with our engagement letter and our standard terms of business.

As part of our agreed services, we will:

• Record and categorise your property income and expenditure on a quarterly basis based on the information you provide
• Prepare and submit your quarterly updates to HMRC by the required deadlines
• Flag any inconsistencies or missing information that may affect the accuracy of your submissions

Please note: this list is not exhaustive. Any work not specifically listed under "Included work" is deemed outside the scope of this engagement unless we have expressly agreed otherwise in writing.

Where additional work is required, we will advise you of the scope, our proposed fee, and obtain your agreement before proceeding.

The following work is outside the scope of this service unless separately agreed in writing:

• Preparation and submission of your final declaration (see separate schedule of services 'Personal tax return')
• Bookkeeping completion for self-employed income (see separate schedule of services 'Self-Employed Bookkeeping Completion')
• Preparation or submission of VAT returns
• Tax planning or advisory work relating to your property portfolio or self-employed income
• Advice on capital gains tax arising from the disposal of property
• Advice on non-UK income, domicile, or residency status (unless otherwise agreed)
• Amendment or correction of previously submitted quarterly updates
• Advice or support in relation to HMRC compliance checks, disputes, or investigations
• Income over £100k
• High income child benefit tax charge
• Foreign income

Please note: this list is not exhaustive. Any work not specifically listed under "Included work" is deemed outside the scope of this engagement unless we have expressly agreed otherwise in writing.

Where additional work is required, we will advise you of the scope, our proposed fee, and obtain your agreement before proceeding.

You agree to:

• Provide accurate, complete, and timely records of your property income and expenditure each quarter in the format we agree (e.g. scanned receipts, bank statements, rental schedules)
• Notify us promptly of any changes to your property portfolio, including acquisitions, disposals, or changes to tenancy arrangements
• Notify us of any changes to your self-employed income or other income sources that may affect your MTD for ITSA obligations.
• Respond promptly to queries to enable timely preparation and submission of quarterly updates
• Maintain full responsibility for the accuracy of source documents and original financial records

Please note: you remain responsible for the accuracy and completeness of the underlying financial information provided to us.

We agree to:

• Use reasonable skill and care to prepare and submit your quarterly updates accurately and in line with current HMRC guidance
• Prepare and submit all required submissions by the relevant deadlines, provided all necessary information has been received from you in good time
• Keep you informed of upcoming deadlines, your provisional tax position, and any changes in legislation that may affect your MTD for ITSA obligations
• Maintain confidentiality and comply with applicable data protection laws
• Inform you of any errors or inconsistencies we identify in the course of our work

Please note: we do not accept liability for errors arising from incomplete or inaccurate records provided to us.