Change your business address
If you're a full access user, you can update your business, registered, mailing and personal addresses within Online for Business and the Business banking app.
Free Making Tax Digital software
Free HMRC-recognised accounting software for Making Tax Digital for Income Tax.
- For sole traders and the self-employed. Ideal for filing your tax simply - from your online banking to HMRC.
- Built into Lloyds Business Accounts and available in online banking.
Free Making Tax Digital software for sole traders
*Launching for the first quarterly update.
Get a Business Account with MTD software
Join the 1 million businesses already banking with us. Apply for a Business Account online in minutes and:
- access the free MTD software for sole traders
- pay no account fee for a year (if it’s your first Business Account with us) - then £8.50 a month
- get an instant decision on lending.**
**Any lending decision is based on your financial information and our credit checks. No outcome is guaranteed.
What is Making Tax Digital for Income Tax?
UK Income Tax for sole traders and landlords is changing. Read the guide to learn more and understand if the changes apply to you.
Self-employed accounting software made simple
Got a Business Account?
Get started with the free Making Tax Digital software
1. Log in to online banking
If your business comes under the new HMRC rules, you can access the Making Tax Digital for Income Tax accounting tool using online banking.
2. Go to ‘Making Tax Digital for Income Tax’
When you’ve logged in to online banking, head to the ‘Making Tax Digital’ section.
3. Pick ‘Making Tax Digital for Income Tax’
After you’ve made this selection, follow the on-screen instructions.
Frequently asked questions
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If Making Tax Digital for Income Tax doesn’t apply to you yet, you can still sign up early. It will help you to get familiar with how it works, and give you a clearer understanding of your income and expenses.
This can help you prepare if the rules apply to you from April 2027, when the income threshold lowers to £30,000 for the 2025/26 tax year.
If you’re not sure whether the rules apply to you, you can check the requirements with HMRC. Find out if and when you need to use Making Tax Digital for Income Tax - GOV.UK
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Bridging software can be used to support you with Making Tax Digital for Income Tax, but it's not mandatory. You don't need to use bridging software to be MTD compliant. If you choose to use bridging software, you'll be able to take digital records from an existing source, like spreadsheets, and digitally submit the required figures to HMRC in the correct format.
If you choose to use the Lloyds MTD software, you won't need to use bridging software. The Making Tax Digital accounting software from Lloyds is HMRC-compatible and HMRC-recognised. It uses transaction data directly from your Lloyds business bank account to help record your income and expenses, so you can meet the new MTD record-keeping and submission requirements.
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You can access the Making Tax Digital for Income Tax tool directly through Online for Business. Online for Business is Lloyds online banking that you can access from your web browser.
To complete registration, the sole trader responsible for the business will need to give consent to share account information. This includes selecting which accounts’ transaction data will be shared.
Right now, the software is only available on Online for Business. We’re working on bringing you an app-based experience soon.
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Initially, you’ll only be able to use the Making Tax Digital for Income Tax tool with your Lloyds Business Account.
We're working on connecting other current accounts using Open Banking. You can still manually add all your business income and expenses and manage your Making Tax Digital for Income Tax requirements in one place.
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No. Business Finance Assistant (BFA) is a separate product and does not support the new Making Tax Digital for Income Tax requirements.
You can sign up for Making Tax Digital for Income Tax software using Online for Business.
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There’s no extra cost to use the MTD software. The tool is included with a Lloyds Business Account through online banking, alongside your everyday business banking. Fees and charges may apply to the Business Account itself.
Don’t have a Lloyds Business Account? You can find out more and apply online in minutes. View the Lloyds Business Account
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No. Our tool is a record-keeping and submission support tool – it doesn’t provide tax, legal or accounting advice. You remain responsible for your tax affairs and may want to seek professional advice if you need further clarification.
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To provide Making Tax Digital for Income Tax, we collect and use personal data about you and your business. This includes your name, business name, and transaction data from the business account(s) you choose to connect.
We use this information to create and maintain digital records of your business income and expenses; and to prepare and submit information required under Making Tax Digital for Income Tax. This is done in line with your instructions and applicable legal and mandatory requirements.
Your personal data is handled in accordance with the Lloyds Bank Business Privacy Notice. Read the full Business Privacy Notice
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Lloyds doesn’t provide professional tax or legal advice. If you need help with something specific to you or your business, speak to a qualified specialist. Lloyds accepts no liability for any loss or damage that may result from relying on the information provided.