Accountants for Limited Companies and Owner Managed Businesses in York
At MCO Accountancy, we provide as much accounting support as you and your business need – no jargon, no fuss. Whether you’ve just started your limited company, you’re a sole trader, or you’ve been running your business for years, we’re here to help. Get in touch for a free, no-obligation chat about how our York-based accountancy practice can support you.
We’ll make sure you stay compliant with:
Corporation tax filings
VAT returns
Sole trader accounts and tax returns
Digital record keeping & bookkeeping support
With Making Tax Digital becoming essential for businesses, we’ll guide you through the process so you can stay on top of your finances with confidence.
As an independent accountancy practice in York, North Yorkshire, our mission is simple: to help business owners like you stay organised, tax compliant, stress-free, and focused on growth.
For more than 30 years, we’ve built a reputation for being professional, reliable, and always on time. Our clients trust us to keep their accounts in order – and we’d love to do the same for you.
Based in York, we’re here to support you — whether you’re just starting out or already established.
We prepare and file your company accounts with Companies House and HMRC, ensuring full compliance and timely submission.
Tailored accounting services for sole traders, helping manage income, expenses, and tax efficiently with full
We ensure your business complies with HMRC’s Making Tax Digital rules using secure, cloud-based accounting software and systems.
We complete and file accurate personal and business tax returns, reducing stress and ensuring no deadlines are missed.
Reliable bookkeeping services to keep your financial records organized, accurate, and ready for year-end accounts and tax returns.
We help register your new company, handle paperwork, and set up everything needed for a smooth business start.
It’s all called Making Tax Digital or MTD for short and this will mean that you will have at least five interactions with HMRC per year using software to report directly. You will be able to do this yourself or it can be done via your accountant. MTD for VAT is already in place (since 2019). This article focuses on MTD for eligible individuals.
From April 2026 MTD ITSA (Income Tax & Self Assessment) will affect sole traders and landlords with turnover above £50,000, dropping to £30,000 in April 2027 and then to £20,000 April 2028.
MTD has been running since April 2019 for VAT. MTD for ITSA for self employed taxpayers and landlords is now due to be phased in from 6 April 2026 (delayed from 6 April 2024).