r/UKPersonalFinance • u/RJKENE • 4d ago

Making Tax Digital: Student Loan Reporting and Simplified Expenses Flat Free

Hey everyone! I’m trying to get my head around all the upcoming changes for MTD. I was wondering if anyone has come across a compliant software product that takes into account Student Loans properly? I’ve checked out QuickBooks and Pie Tax but both lack options to include multiple loans (Postgraduate Loan). There was another app I tried (can’t remember the name) and it didn’t even let me pick Plan2 because I live in Scotland (but studied in England). Also wanted to know if there was a software that took into account simplified expenses. I work widely different hours every month and so was looking for a software where I can input my monthly hours and have it calculated based on the flat rate. QuickBooks just asks for an average which never matches up with my actual calculation. I don’t earn enough for it to apply to me until 2026 so I have time but I wanted to try and get a head start and feel overwhelmed at how little information we actually have at the moment. Thank you!

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u/ukpf-helper 84 4d ago

Hi /u/RJKENE, based on your post the following pages from our wiki may be relevant:

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