£50k+ qualifying income
If your qualifying income for 2024 to 2025 was more than £50,000, MTD for Income Tax applies now.
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Making Tax Digital for property income
MTD for landlords. Made simpler.
Rental income, property expenses, digital records and updates can quickly become another job. MTD Complete helps keep the numbers organised while you concentrate on the property.
Clear MTD and bookkeeping support for individual landlords
Property is complicated enough.
Keeping the records does not
have to be.
Landlords and MTD
Rental income is
part of the picture.
If you receive property income, Making Tax Digital for Income Tax may apply to you once your qualifying income reaches the relevant threshold.
It can apply even if being a landlord
is not your main job.
One property or several
Think property business,
not paperwork per house.
For UK property income, HMRC generally treats your UK properties together as one UK property business for MTD record keeping.
That means owning several UK properties does not automatically mean creating a completely separate set of MTD records for every address.
1
Rental income
Property expenses
One UK property business
When does it apply?
Start with your income.
MTD for Income Tax is being introduced at different income levels over several years.
£30k+ qualifying income
More than £30,000 qualifying income for 2025 to 2026 brings you into MTD from April 2027.
27£20k+ qualifying income
More than £20,000 qualifying income for 2026 to 2027 means MTD applies from April 2028.
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Important:
qualifying income is gross self-employment
and property income before expenses.
If you have both types of income,
they can count together.
Digital records
Keep the numbers moving.
Under MTD, relevant property income and expenses need to be recorded digitally.
01
Rental income
Keep digital records of the property income you receive.
02
Repairs and maintenance
Relevant property costs can be recorded digitally.
03
Property expenses
Keep the expenses associated with the property business organised.
04
Supporting documents
Keep the records needed for Self Assessment.
Own property jointly?
Your records focus on your share
of the relevant income and expenses.
Joint landlords
Shared property does not mean shared records.
If you jointly let a property, your MTD digital records relate to your share of the income and expenses.
01
Record your share
You do not need to combine your digital records with the other landlord.
02
Simpler options exist
HMRC allows some simplified record keeping choices for jointly let property.
03
Keep your setup clear
Lisa can help create a practical record keeping routine around your situation.
Through the year
Property records without the annual scramble.
MTD turns record keeping into something that happens throughout the year, rather than one giant job at the end.
Keep the information flowing, then use those records for your quarterly updates.
Rent comes in.
Keep the relevant property income recorded digitally.
Costs happen.
Record the relevant property expenses as they arise rather than chasing them later.
Records stay current.
Regular bookkeeping keeps the digital information in better shape.
Updates go to HMRC.
Compatible software creates totals from your digital records for quarterly updates.
Year end feels clearer.
Better records through the year mean much less digging around later.
How MTD Complete helps
Keep the properties.
Lose the paperwork pile.
Property bookkeeping
Keep property income and expenses organised throughout the year.
01Digital records
Move towards a clearer digital process that supports MTD requirements.
02Quarterly support
Keep the information needed for your MTD quarterly updates moving.
03Year-end preparation
Better records during the year make year end much easier to prepare for.
04
Property experience
Property is not just another spreadsheet.
Lisa brings experience across property-related businesses as well as bookkeeping, so the conversation starts with an understanding of how property actually works.
Residential.
HMO.
Development.
Management.
Landlord MTD questions
The useful answers.
Property tax already has enough terminology. We can keep this bit simple.
Yes, MTD for Income Tax can apply to individuals receiving property income. Whether you need to use it depends on your qualifying income and whether an exemption applies.
No. Qualifying income is based on gross income before expenses, rather than the final profit left after property costs.
Relevant self-employment and property income can both contribute to your total qualifying income when determining whether MTD applies.
If you have one or more UK properties, they are generally treated as one UK property business for MTD purposes, so you do not normally need completely separate digital records for each UK property.
For jointly let property, you generally need digital records relating to your share of the income and expenses. Your records do not need to be digitally linked to the other landlord's.
No. Quarterly updates are summaries created from your digital records. They do not replace the tax return and year-end tax process.
Yes. You do not need to arrive with perfectly organised records. The first step is understanding where things are now and creating a clearer routine from there.
Property income without the panic
Keep the property. Lose the tax stress.
Not sure whether MTD applies, how your property income is counted or what you need to record? Start with a straightforward conversation with Lisa.
Get MTD Ready →