# Mtdpilot report

As-of: **2026-10-13** · Qualifying income: **£55,000.00**
Cohort: **£50,000+ from 6 Apr 2026** — mandated from 2026-04-06 (already in force)

## Headline figures

- Qualifying income: £55,000.00
- Income Tax (illustrative): £5,086.00
- Class 4 NI (illustrative): £1,525.80
- **Total liability: £6,611.80**
- Payments on account sketch (each): £3,305.90

## Quarterly calendar (2026/27)

| Quarter | Due | Days | Status |
|---|---|---:|---|
| Q1 | 2026-08-07 | -67 | overdue |
| Q2 | 2026-11-07 | 25 | upcoming |
| Q3 | 2027-02-07 | 117 | upcoming |
| Q4 | 2027-05-07 | 206 | upcoming |

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

- Income Tax: £5,086.00
- Class 4 NI: £1,525.80
- **Total: £6,611.80**
- POA sketch (each): £3,305.90

## Penalties

- Submission points: 0 (financial £0) — No late-submission penalty points for missed quarterly updates in 2026/27 — you still must file them before the MTD year-end return.
- Late payment (45d): penalty £396.70, interest illus. £27.17

## Next steps

1. Mandated since 2026-04-06 (£50,000+ from 6 Apr 2026): keep continuous digital records and file every quarterly update through MTD-compatible software.
2. File the Q2 quarterly update by 2026-11-07 (25 day(s) after 2026-10-13).
3. Budget for the illustrative £6,611.80 liability (Income Tax £5,086.00 + Class 4 NI £1,525.80): sketch payments on account of ~£3,305.90 each due 31 January and 31 July, with any balance due the following 31 January.
4. A balancing payment 45 day(s) late in 2026/27 adds ~£396.70 penalty + £27.17 illustrative interest — pay by 31 January to stop the ladder.
5. If an accountant files for you, authorise them as your agent and send them this report link so the 2026/27 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 2026/27 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.

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