Last updated: 27 August 2025

Frequently Ask Questions

1. About Umniii

Who We Are

Umniii (U-M-N-I-I-I) is a peer-to-peer services and financial empowerment platform. We make it simple to promote your services, post projects, get paid safely, and prepare for the future of Making Tax Digital. We are building tools that bring inclusivity and innovation to everyday people and small businesses.

Our Vision

To empower individuals, side hustlers, landlords, and small businesses to thrive in the digital economy. We aim to remove barriers, provide safe transactions, and ensure everyone can prepare for the upcoming MTD requirements with confidence.

Our Goals

  • Simplify compliance with Making Tax Digital.
  • Provide a trusted peer-to-peer services network.
  • Create opportunities for individuals and small businesses to grow.
  • Foster transparency, fairness, and trust in every interaction.

Our Values – The Three I’s

Innovation – Building simple, modern digital tools that solve real problems.

Inclusivity – Designed for everyone, from side hustlers to small companies, across diverse communities.

Integrity – Safe, transparent, and fair. Payments are secure, reviews are verified, and trust is at the core.

These values are inspired by principles of unity, purpose, and faith – similar to those reflected in African traditions like Kwanzaa – but Umniii stands apart as a modern, independent platform with no cultural or religious affiliation.

What We Offer

  • A peer-to-peer services network where individuals can promote services, find help, and build reputations.
  • A bidding system with secure, held payments until work is complete.
  • Review management tools and verified customer reviews.
  • Digital record-keeping for income & expenses – helping users prepare for MTD Income Tax (2026).
  • Quarterly and annual VAT returns for VAT-registered users.

Prepare today. Submit tomorrow.

2. Fees

Membership Fees

Your membership determines your monthly cost and platform service fee.

Member - (Free)
  • Monthly fee: FREE
  • Service fee: 6% / per transaction
Member - (Pro)
  • Monthly fee: £6.99 / month
  • Service fee: 4% / per transaction
Member - (Partner)
  • Monthly fee: £12.99 / month
  • Service fee: 3% / per transaction

Transaction Fees by Payment Method

Standard processing fees apply based on the payment method used.

  • Transaction fees by payment method:
    • - Standard UK Card: 1.5% + 0.20p per transaction
    • - Premium UK Card: 1.9% + 0.20p per transaction
    • - Revolut Pay: 1.5% + 0.20p per transaction - + 2% if currency conversion is required
    • - Bacs Direct Debit: 1% + MIN 0.20p MAX £4.00 per transaction - + 2% if currency conversion is required
    • - Open Banking - (Pay by Bank): 0.5% + MIN 0.20p MAX £5.00 per transaction
    • - GBP Bank Transfer: 0.5% + MAX £5.00 per transaction
    • - EU Card: 2.5% + 0.20p per transaction - + 2% if currency conversion is required
    • - International Cards: 3.25% + 0.20p per transaction - + 2% if currency conversion is required

Note: Figures may vary by provider and are subject to change.

3. Making Tax Digital

Staying compliant, made simple. Keep digital records, submit to HMRC in a few clicks, and stay on top of deadlines. Umniii gives you unlimited MTD submissions included in your Pro or Partner Membership, with no extra fees.

What is Making Tax Digital (MTD)?

Making Tax Digital is a UK Government initiative requiring eligible businesses, sole traders, and landlords to keep digital records and submit tax information through compatible software. With Umniii you can track income and expenses, get accurate due dates, and submit directly to HMRC.

  • MTD for VAT: Mandatory for all VAT-registered businesses since April 2022.
  • MTD for Income Tax (ITSA): Phased mandation from 6 April 2026 (>£50k income), 6 April 2027 (>£30k), and 6 April 2028 (>£20k).

Key Dates (first phase)

  • 6 April 2026: MTD for ITSA starts for those with qualifying income of £50,000 or more.
  • 7 August 2026: First quarterly update due for 2026/27.
  • 31 January 2028: Final Declaration deadline for the 2026/27 tax year.

Prepare today. Submit tomorrow.

How It Works

  1. Connect to HMRC: Authorise Umniii once using your Government Gateway credentials.
  2. Keep digital records: Log income and expenses manually or via imports (CSV), with no spreadsheets needed.
  3. Quarterly updates: Send your summary to HMRC every three months.
  4. Year-end: Review, make adjustments, and submit your Final Declaration.

Simple Pricing

One low monthly fee. No hidden costs. Unlimited submissions included.

PlanWhat You GetMonthly Fee
MTD OnlyMTD features, income/expense tracking, HMRC connection, unlimited submissions£7.99/mo
Full Access (Best Value)Everything in MTD + Umniii P2P Network (lower fees, unlimited listings, profile sync)£12.99/mo
  • Unlimited submissions
  • No per-submission fees
  • Cancel anytime

Why Choose Umniii

  • Seamless HMRC integration with accurate due dates.
  • Simple UI built for sole traders, landlords, and small businesses.
  • One login across MTD and our P2P network.
  • Secure cloud storage and UK data compliance.

Frequently Asked Questions

Do I need special approval to use MTD?

No. You connect with your HMRC credentials; Umniii handles the compliant submissions.

How many submissions are included?

Unlimited: they’re covered in your monthly plan.

Can I import from spreadsheets?

Yes, CSV imports are supported so you can transition from manual records quickly.

When will ITSA submissions be available?

We’ll enable direct ITSA submissions as HMRC opens access and our production approval completes.

How are quarterly VAT dates determined?

Quarterly dates are unique to each business and depend on their VAT stagger. Our platform uses the HMRC Obligations API to fetch your specific due dates – so they are always accurate.

Ready to go digital with your taxes?

Join thousands of UK businesses simplifying MTD with Umniii. Setup takes minutes.

Prepare today. Submit tomorrow.