How do I change my quarterly updates from tax year to calendar year for Making Tax Digital?

When you set up your sources of income with HMRC as a sole trader or landlord, you will have chosen your accounting period, which is how you report your business finances to HMRC following either:

For Making Tax Digital, you need to make sure that the quarterly update period matches your accounting period so that all your transactions across the tax year are reported correctly.

You can find the accounting period for your business in the Self Assessment section your online HMRC portal, or by contacting HMRC.

You can find out more about quarterly update periods from [HMRC here](https://www.gov.uk/guidance/use-making-tax-digital-for-income-tax/send-quarterly-updates#:~:text=your quarterly updates.-,Update periods and deadlines,-%2C)

Monzo’s Making Tax Digital for Income tax submission tool is automatically set to the tax year quarterly update period, which means if you use the calendar year accounting period for your business, then you need to update your quarterly period to also be for the calendar year in the Monzo app. Here’s how to do this:

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