We’ve got some exciting news to share. Pulse, our online accounting system, has been officially recognised by HMRC as software for Making Tax Digital for Income Tax.
What does that actually mean?
Before software can be listed as MTD compatible, HMRC puts it through its paces. They check that it keeps and sends the right information, that it connects to their systems securely, and that every submission includes the security details they ask for. Pulse has passed those checks, and we’re now on HMRC’s list of recognised software.
You’ll start to see the MTD ready – Recognised by HMRC logo on our website, along with our HMRC reference number, D5P1NR. If you’d like to check for yourself, you can search for MalgraBooks using HMRC’s software finder on GOV.UK.
Do I need to do anything?
No, nothing at all. If you already use Pulse, you’re already using recognised software. Keep adding your income, expenses, receipts and mileage as normal. Pulse takes care of the rest.
A quick reminder about Making Tax Digital
MTD for Income Tax is being introduced in stages, based on your qualifying income. That’s your total self-employment and property income before expenses:
- From 6 April 2026: qualifying income over £50,000
- From 6 April 2027: qualifying income over £30,000
- From 6 April 2028: qualifying income over £20,000
Once MTD applies to you, you’ll send a quarterly update to HMRC four times a year, then finish the year with your tax return as usual. If you’d rather not think about the quarterly updates at all, Auto MTD can send them for you. It’s included free on any package with our MTD Service.
Built for consultants, recognised by HMRC
We’ve been helping Slimming World consultants with their accounts since 2013. Plenty of software is MTD compatible, but Pulse is the one built around how your business actually works, from venue rent to your Weekly Franchise Accounts. Having HMRC’s recognition means you can feel confident that what you’re using is ready for the future too.
If you’ve got any questions about Making Tax Digital or what this means for you, just get in touch with our team using our contact form.
Not with us yet? Take a look at our packages to find the one that suits you.
