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Fractional Finance

Fractional Finance

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Partner with Us

Standalone compliance service — no ongoing engagement required.

Need a full finance team? See Fractional Finance →

Making Tax
Digital

Mandatory quarterly filing for sole traders and landlords earning £50k+. We handle every submission, on time, every time. Miss a deadline? HMRC penalties are steep.

MTD is mandatory from April 2026 for income over £50,000

Most accounting falls into two camps. We built a third.

Neither DIY spreadsheets nor a once-a-year accountant give founders what they actually need — timely numbers they can act on.

How often your books are updated
DIY
Traditional
Reckonwell
Whenever you find time
Once a year, at filing deadline
Daily
When you find out about a problem
DIY
Traditional
Reckonwell
Usually too late
Months after it happened
Within days
Who does the work
DIY
Traditional
Reckonwell
You
An accountant you speak to once a year
A dedicated finance team member who knows your business
Software
DIY
Traditional
Reckonwell
Whatever you can figure out
Varies by firm
Xero / QuickBooks, set up properly from day one
HMRC & compliance
DIY
Traditional
Reckonwell
You handle it, or scramble each deadline
Filed on time, little else
Filed on time, plus daily bookkeeping so nothing is ever a surprise
What it costs you
DIY
Traditional
Reckonwell
Your time (the real cost)
Often unpredictable, scope creep
Transparent pricing — see your exact price in 2 minutes

We're not just another compliance box-tick. We're the finance function most founders wish they had.

Who needs to file MTD?

You need MTD if you're...

Self-employed or freelancer
Earning more than £50,000/year
A landlord with rental income
Running a trading business
A partner in a partnership

You might not need it if...

Salaried employee (employer handles it)
Earning under £50k
Recently started (under 1 year)
Only have savings interest

Not sure? Check your last tax return. If net profit/income is over £50,000, you're in.

Four deadlines per year

Q1

Jan–Mar

Due April 5

Q2

Apr–Jun

Due July 5

Q3

Jul–Sep

Due October 5

Q4

Oct–Dec

Due January 31

HMRC Penalties: Late filing penalty £100–£1,000 per quarter. Late payment penalty 5% of tax owed. Missing multiple quarters can escalate to £3,000+.

How we handle it

01

Setup in 48 hours

We connect your bank and accounting software. Transaction categorisation is configured. You get access to your dashboard.

02

Monthly monitoring

Every month we review all transactions, update your tax position, and send you a report showing exactly where you stand.

03

Quarterly filing

We file your MTD return before each deadline. We show you tax owed and due date. If HMRC questions anything, we respond.

See your exact MTD price

MTD pricing depends on your income level, property count, and monitoring needs. Use our quotation calculator to get your exact monthly price in under 2 minutes — no sales calls required.

Get Your Exact Quote →
Referral Partner Programme

Know a business that needs better accounting?

Refer them to Reckonwell and earn 10% of their monthly bill — every single month, for as long as they stay with us.

No cold calling. No contracts to manage. One introduction is all it takes — we handle everything else and pay you automatically every month.

10% lifetime commissionNo cap on earningsPaid monthly, automatically
Learn About the Partner Programme

Common questions

Check your MTD status today

We'll tell you your deadline, what you need to file, and how we can help. Takes 15 minutes. Could save you thousands.

Need a full finance team? Our Fractional Finance Department handles all of this and more — daily.

See Fractional Finance Department →