Terms of use

01What FastMTD is

FastMTD is software for UK sole traders to keep the digital records that Making Tax Digital for Income Tax requires, to see the quarterly figures those records add up to, and to send quarterly updates to HM Revenue & Customs under your own HMRC authority. It also lets you share your records with an accountant you choose, who uses our FastMTD Practice web application to review them.

Early access. FastMTD is at an early stage. Features may change, be added or be withdrawn, and there may be faults. We will tell you in the app about changes that affect what you can do.

02Who can use it

You must be at least 18, running a business as a sole trader in the United Kingdom, and hold your own Government Gateway credentials. You must not use FastMTD on behalf of somebody else unless they have authorised you and you are entitled to act for them. You need a Google or Apple account to sign in.

03Your account and your responsibility for it

You are responsible for keeping your handset, your sign-in and your Government Gateway credentials secure, and for everything done through your account. Tell us at once at security@fastmtd.app if you believe someone else has used it.

04Your records are yours, and so is their accuracy

You are responsible for the accuracy and completeness of the records you keep in FastMTD, and for reviewing figures before you send them to HMRC. FastMTD helps; it does not check your business.

Reading receipts and voice. FastMTD uses optical character recognition and an AI model to turn a photograph or a spoken sentence into figures and categories. This is useful and it is fallible. A receipt may be misread, a total may not reconcile, a category may be wrong, and a spoken instruction may be misunderstood. FastMTD shows you what it read and asks when it is unsure, and you must check before you rely on it. We do not accept responsibility for a figure you sent to HMRC without reviewing it.

Payment of invoices. FastMTD has no bank connection. An invoice is marked paid because you say it is paid. FastMTD does not chase your customers.

05Sending to HMRC

When you connect FastMTD to HMRC you grant it permission, through Government Gateway, to read your obligations and business details and to submit quarterly updates on your behalf. You can withdraw that permission at any time in FastMTD or at HMRC.

A quarterly update is sent only when you choose to send it, under your own authority, and it is submitted in your name. You are the person making the submission. FastMTD records what was sent and HMRC’s answer, and shows you both.

Fraud prevention data. UK law requires all Making Tax Digital software to send HMRC certain information about the device and connection used for each request. FastMTD sends this with every call to HMRC. The privacy policy lists what is sent. You cannot opt out of it while using HMRC’s APIs; nobody can.

What FastMTD does not do. It does not finalise your year, submit your tax return, handle losses, or handle income sources other than your sole trade. HMRC’s software list names products that do, and FastMTD will direct you to that list when you reach the end of the year.

06Working with an accountant

If you enter an accountant’s code, you link your account to their practice. From then until the engagement ends, they can see your records, your figures and your messages, mark receipts as checked, raise questions and record their view of your quarterly figures. You can end the engagement in the app at any time; so can they.

Your accountant cannot submit to HMRC through FastMTD. Only you can, from your own app. If your accountant is to file on your behalf, that happens through their own HMRC agent authority and their own software, and is a matter between you and them. FastMTD does not mediate the professional relationship between you, and is not a party to any engagement letter or fee arrangement between you and your accountant.

07Fees

FastMTD is free while you are under the Making Tax Digital threshold and not yet required to send quarterly updates. Once you are, the Sole Trader plan is £12 a month or £120 a year, including VAT. You can cancel at any time, and your records and filing receipts stay yours to export. The current prices are always at fastmtd.app/pricing. Practices are billed under their own agreement with us, and a trader whose accountant’s practice covers them pays nothing. If we change a price we will tell you at least 30 days before it applies to you, and you may close your account rather than pay it.

08Acceptable use

You must not use FastMTD to submit information you know to be false, to access another person’s records, to probe or disrupt the service, to reverse engineer it, or for anything unlawful. We may suspend an account used in these ways.

09Availability

We aim to keep FastMTD available but do not guarantee it. HMRC’s services have their own outages and maintenance windows, which FastMTD cannot control; when HMRC cannot answer, FastMTD tells you so and lets you try again. Nothing in FastMTD extends an HMRC deadline. Do not leave a quarterly update to the last hours before it is due.

10Ending your account

You can stop using FastMTD at any time. To delete your account and records, use the option in the app or email privacy@fastmtd.app. We sign you out and disconnect HMRC at once, and delete your records 30 days later, a gap that lets an accountant you had linked export what their own duties require. What survives is a sealed record of each quarterly update FastMTD sent to HMRC on your instruction, kept for six years after the end of that tax year so that we can show what was submitted if it is ever questioned; the privacy policy describes exactly what that record holds. Deleting your FastMTD records does not delete what you have already submitted to HMRC and does not relieve you of HMRC’s duty to keep records, so export them first if you need them.

We may close your account if you break these terms, or if we withdraw the service, in which case we will give you at least 30 days’ notice and a way to export your records.

11Our liability

Nothing in these terms limits liability that cannot be limited by law, including for death or personal injury caused by negligence, or for fraud.

Subject to that, we are not liable for loss of profit, business or opportunity, for penalties, interest or surcharges HMRC apply to you, or for any indirect loss, arising from your use of FastMTD or from figures you submitted. Where we are liable, our total liability to you in any twelve months is limited to the greater of £100 and the fees you paid us in that period.

You are entitled to the protections consumer law gives you where it applies, and nothing here takes them away.

12Intellectual property

FastMTD, its software and its design are ours or our licensors’. Your records are yours. You give us the permission we need to store and process them to provide the service, and no more.

13Transferring these terms

We may transfer our rights and obligations under these terms to another company that takes over FastMTD, for example if the product moves from &DEV Limited into a company of its own. We will tell you in the app at least 30 days before that takes effect, and the new company will be bound by these terms and the privacy policy. You may not transfer your account to someone else.

14Changes to these terms

We may change these terms. We will post the new version with a new effective date and, for changes that affect your rights or what you pay, tell you in the app at least 30 days before they apply.

15Law and disputes

These terms are governed by the law of England and Wales, and the courts of England and Wales have jurisdiction, without prejudice to your right as a consumer to bring proceedings where you live in the UK.

16Contact

&DEV Limited, trading as FastMTD. Registered in England and Wales, company number 11895018, registered office Milton Hall, Milton, Cambridge CB24 6WZ. support@fastmtd.app for help, privacy@fastmtd.app about your data, security@fastmtd.app to report a security problem.