# Mtdpilot report

As-of: **2027-09-01** · Qualifying income: **£40,000.00**
Cohort: **£30,000+ from 6 Apr 2027** — mandated from 2027-04-06 (already in force)

## Headline figures

- Qualifying income: £40,000.00
- Income Tax (illustrative): £3,086.00
- Class 4 NI (illustrative): £925.80
- **Total liability: £4,011.80**
- Payments on account sketch (each): £2,005.90

## Quarterly calendar (2027/28)

| Quarter | Due | Days | Status |
|---|---|---:|---|
| Q1 | 2027-08-07 | -25 | overdue |
| Q2 | 2027-11-07 | 67 | upcoming |
| Q3 | 2028-02-07 | 159 | upcoming |
| Q4 | 2028-05-07 | 249 | upcoming |

## Tax / NI sketch (rUK 2026/27)

- Income Tax: £3,086.00
- Class 4 NI: £925.80
- **Total: £4,011.80**
- POA sketch (each): £2,005.90

## Payment plan (POA + balancing, 2027/28)

- POA1: £2,005.90 due 2028-01-31
- POA2: £2,005.90 due 2028-07-31
- Balancing estimate: £0.00 due 2028-01-31
- Simplification: the current-year estimated liability is modelled as the payments-on-account base, so two POAs of half the liability cover it in full and the modelled balancing payment is £0.00 on the POA1 due date.

## Penalties

- Submission points: 3 (financial £0) — Points-based late submission: 4 points triggers £200, then £200 per further missed deadline.
- Late payment (0d): penalty £0.00, interest illus. £0.00

**Late-pay curve** (modelled on £4,011.80, 2027/28 regime):

| Days late | Penalty | Interest (illus.) | Total extra |
|---|---:|---:|---:|
| 0 | £0.00 | £0.00 | £0.00 |
| 15 | £0.00 | £0.00 | £0.00 |
| 30 | £160.47 | £0.00 | £160.47 |
| 31 | £320.94 | £1.10 | £322.04 |
| 45 | £320.94 | £16.49 | £337.43 |
| 60 | £320.94 | £32.97 | £353.91 |
| 90 | £320.94 | £65.95 | £386.89 |
| 180 | £320.94 | £164.87 | £485.81 |

## Software readiness

- MTD-compatible software connected: yes
- Choose software by: 2027-03-07 (-178 day(s) from as-of; 30 days before mandation on 2027-04-06)
- Bridging needed: no

## Next steps

1. Mandated since 2027-04-06 (£30,000+ from 6 Apr 2027): keep continuous digital records and file every quarterly update through MTD-compatible software.
2. File the Q2 quarterly update by 2027-11-07 (67 day(s) after 2027-09-01).
3. Budget for the illustrative £4,011.80 liability (Income Tax £3,086.00 + Class 4 NI £925.80): sketch payments on account of ~£2,005.90 each due 31 January and 31 July, with any balance due the following 31 January.
4. You carry 3 late-submission point(s), below the 4-point fine threshold — file the next deadline on time to stop points accumulating.
5. File the 3 missed quarterly update(s) as soon as possible — each further miss adds another point toward a £200 fine.
6. If an accountant files for you, authorise them as your agent and send them this report link so the 2027/28 deadlines above are covered.

## Assumptions

- rUK 2026/27 illustrative bands. Ignores savings/dividend stacking, Scottish rates, student loans, loss relief, capital allowances detail, and Class 2. Not a Self Assessment substitute.
- Mandation uses gross qualifying income (trading turnover + property rents); profit figures drive the tax/NI sketch only.
- Late-payment and points figures model the 2027/28 penalty regime for illustration.

## Disclaimer

Educational illustration only — not tax or legal advice. Mandation uses gross qualifying income (trading + property). Tax/NI figures are simplified rUK 2026/27 estimates and ignore many reliefs. Confirm deadlines and software obligations on GOV.UK / with a qualified agent.

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*Educational only — not advice. Rules: MTD-ITSA-2026-10.*