HMRC's new rules don't have to mean more admin. Papertrail automates the entire compliance chain—from bank feed to digital submission—so you never have to worry about a deadline again.
Get ready for the next tax year.
Making Tax Digital (MTD) is a government initiative to modernize the UK tax system. It requires businesses to keep digital records and use software to submit tax returns.
It essentially means the end of the shoebox of receipts. Every transaction must be digitally recorded, categorised, and preserved. For many, this sounds like a nightmare of data entry and scanning.
For Papertrail users, it changes absolutely nothing.
We've redesigned the compliance process to be completely invisible.
Our AI reads receipts, invoices, and bank statements with 99% accuracy. You verify, you don't type.
Every change is logged forever.
10-year secure archive.
Papertrail isn't just storage; it's an active participant in your business. It takes the "Digital" requirement and handles it autonomously.
Papertrail connects directly to your bank feed. Every transaction is instantly ingested, enriched with merchant data, and prepared for reconciliation. No manual CSV uploads.
Snap a photo of a receipt, forward an email invoice, or drop a PDF in WhatsApp. Papertrail catches it all, extracts the data, and matches it to the bank transaction automatically.
Once matched and verified, Papertrail pushes the data to Xero. It creates the bill, attaches the evidence, and marks it as paid. Your books are always up to date.
Missing a VAT invoice? Papertrail notices. It automatically identifies the supplier and reaches out to them to request the missing document or correct an invalid one.
You can leave notes to teach Papertrail things—like "Always code Apple Store purchases to Hardware"—and it builds a permanent knowledgebase. It gets smarter with every interaction, eventually running your books on autopilot.
Don't let MTD worry you. Let Papertrail handle it.