07949626885 office@mcotaxdigital.co.uk

Our services

If you’re a freelancer or a self-employed professional looking for an accounting services provider to help you manage your Limited Company or your business as sole trader, you’re in safe hands with MCO Tax Digital. We offer you everything you need to manage your business, giving you peace of mind that you are getting the most out of the career you love.

Self Assessment & Corporation Tax Return

If you work as Self-Employed, in Partnership, you are a Company Director, or have multiple sources of income, you must to complete and submit to HMRC a yearly Self-Assessment Return. There are deadlines for registering as Self-Employed or submitting a Self-Assessment, and you can register penalties for being late. We deal with your Tax Returns, so you needn’t worry. Obviously, if for any serious reason you are late, we can write appeal against your penalty to be cancelled. A Limited Company pay Corporation Tax and have to submit annually an Annual Account and their Tax Return to HMRC and Companies House.

Payroll & CIS Monthly Return

We run Payroll service, processing your timesheets or salaries, and producing payslips which we can email directly to your employees or to you as a PDF. We also email you an employer’s summary of each payroll run. All you have to do is make the payments to your employees and HMRC. We can also manage mileage claims and P11ds. Contractors submit a monthly CIS return to tell HMRC about any payments that they’ve made to subcontractors. Each month, we will produce CIS deduction statement emailing you or directly to your subcontractors.

MTD & VAT Report

The government rolled out of Making Tax Digital (MTD) in April 2019. You will need to ensure that your accounting records are “Digital” and that you kept your VAT accounting records digitally. Our Accounting Software – Free Agent or Sage help you make the transition to Digital Accounting as straight forward as possible. If you’re VAT registered, you will be required to submit regular VAT returns and pay to HMRC any VAT that’s due. If the deadlines is not met you will receive penalties. We will organise your returns on time and advise you of the amount to pay. We conduct monthly VAT Reconciliation to ensure that your VAT records comply with HMRC.

Consulting Services

Choosing the form of entity of your business is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company. At the clients request, we will provide financial forecast, projections and business plan.


Being a process of recording and reporting financial information, a good bookkeeping practices mean your business maintains accurate records, without any discrepancies between what your business does, and what your business reports. Our Bookkeeping services is based on a conventional system meaning that the clients bring in their information monthly and we will process it.


Under the requirements of MTD for ITSA, individuals who are subject to income tax on the profits of their trade or property business will be required to keep their accounting records electronically (either using suitable software or on spreadsheet) and file quarterly returns to HMRC. A final end of period statement will then be submitted after the tax year to complete the individual’s tax affairs