Get Answers to Your Questions About Making Tax Digital

Yes, Landlord Vision is fully ready for MTD for Income Tax and is officially recognised by HMRC. We have built everything required to ensure you are compliant.

MTD for Income Tax started on 6 April 2026. If you are in scope you should already be keeping digital records, and your next quarterly deadline is 7 November 2026.

Yes, Landlord Vision is officially on HMRC's recognised software list for MTD for Income Tax.

MTD for Income Tax started on 6 April 2026. If you are in scope you should already be keeping digital records. The first quarterly period ran 6 April to 5 July 2026, with a filing deadline of 7 August 2026. The next deadline is 7 November 2026, covering 6 April to 5 October.

If you have not signed up with HMRC yet, do that now and contact support so we can check your setup well before November.

No. HMRC has no access to your records in Landlord Vision. They receive only the summarised category totals in each quarterly update, and the figures in your final declaration.

It is based on your gross rental income and gross self-employment income combined, before expenses.

Only property you report on the property pages of your personal tax return counts as qualifying income. Company-held property is outside MTD for Income Tax, because the company pays Corporation Tax instead, and MTD for Corporation Tax has no confirmed start date. Salary or dividends you draw from the company are not qualifying income either. So the test is your personally held gross rents, plus any sole trade turnover, against the £50,000 threshold. If all your property sits in a company, you are out of scope.

If you are UK resident, foreign property income is reportable in the UK and does count towards your qualifying income. It is treated as a separate property business from your UK portfolio, so it needs its own quarterly updates. Overseas tax paid is handled through Foreign Tax Credit Relief at the final declaration, not in the quarterly updates. Landlord Vision lets you report UK and overseas property as separate property businesses.

None of them are qualifying income, so they do not count towards the £50,000 threshold and are not included in quarterly updates. They are still declared once a year, in the final declaration that replaces your Self Assessment return. This covers PAYE and employment income, pension income, company dividends, other investment income and savings interest.

Only if it is not covered by Rent a Room relief. If you let a room in your own home and the rent is within the Rent a Room allowance, the relief applies automatically, you do not have to claim it, and that income does not count towards the £50,000 threshold.

The allowance is £7,500 a year. Where someone else also receives rent from letting in the same home, the limit is reduced to £3,750 for each of you. That is £3,750 each, not £3,750 shared between you.

Lodger income does count towards the £50,000 threshold where the rent is more than the allowance available to you, or where you have chosen to opt out of the Rent a Room Scheme. Letting a room in your own home through a short-term letting platform such as Airbnb counts as lodger income for this purpose.

If either of those applies to you, contact support and we will go through it with you.

Yes. The threshold test combines your gross property income and your gross self-employment turnover. A sole trade is also a separate business source, so it gets its own quarterly updates alongside your property business.

HMRC has been writing to taxpayers it has identified in the first wave, based on the 2024/25 Self Assessment return. One important caveat: not receiving a letter does not remove the obligation. If your 2024/25 qualifying income was over £50,000 you are in scope whether a letter arrived or not, so check your own figures.

Yes. You can keep your records and prepare everything a quarterly update needs, ready for when you come into scope. There is no practice submission mode, but nothing stops you maintaining the data.

HMRC sets out how to apply for an exemption from MTD for Income Tax on its guidance page: www.gov.uk/guidance/apply-for-an-exemption-from-making-tax-digital-for-income-tax

You set the percentage of ownership at portfolio level, property level, or both. When you submit MTD data to HMRC, the software automatically apportions income and expenditure to each owner based on those percentages.

Each of you is assessed individually on your own share of the gross rents. If both shares exceed £50,000, you both sign up and file separately. If only one share exceeds it, only that person is required to join. The other can register voluntarily if they want to.

No. MTD is per taxpayer, not per property, so each owner signs up individually, keeps digital records of their own share and files their own quarterly updates. You can still hold everything in one Landlord Vision account and give them access to the relevant portfolios. Their threshold test combines their share of the joint rents, any property they own outright, and any sole trade turnover such as construction work under CIS. A sole trade is a separate business source and needs its own self-employed portfolio and its own quarterly updates.

The same way as a split between two individuals. Set the ownership percentage at portfolio or property level and the software apportions income and expenditure automatically when submitting the individual's MTD data.

No. If HMRC already holds a valid Form 17, you simply carry on reporting rental income according to the declared split in Landlord Vision.

Yes, as long as the company properties and personal properties sit in separate portfolios. You then submit the personal portfolio data only.

You usually do not need to. You can link multiple portfolios to the same UK property business instead.

No. You can choose your software later.

Yes. For the first mandated wave, MTD applies from the 2026/27 tax year. Your 2025/26 return is still filed as a normal Self Assessment return by 31 January 2027. Signing up early for 2026/27 does not change how 2025/26 is filed.

No. Nothing before 6 April 2026 is required. The first quarterly period runs from 6 April 2026.

There is no practice submission mode, but you can prepare and maintain all the data a quarterly update requires before you file anything.

Each separate business you have is reported separately. Your whole UK property portfolio is one source, however many properties are in it. A foreign property portfolio is a second source, and each sole trade is another. So a landlord with UK property only sends four updates a year, and a landlord with UK and overseas property sends eight.

No. One submission covers all your UK properties together. You keep records property by property, but the quarterly update reports summarised category totals across the whole UK property business, not a return per property.

Each quarterly update is due one month and seven days after the quarter ends. On the standard quarters that means 7 August, 7 November, 7 February and 7 May. The final declaration is due by 31 January following the tax year.

Yes. Each update covers the year to date, not just the latest three months. Quarter two covers 6 April to 5 October, not July to October.

Standard quarters start on 6 April. Calendar quarters run 1 April to 30 June and so on. The deadlines are the same either way. In Landlord Vision, once you have mapped your UK property business to the relevant portfolios on the MTD for Income Tax screen, set the Quarterly Period Type under Business Details. Make the election before your first update.

It depends on your accounting method. On the accrual basis, income is recognised on the invoice date. On the cash basis, it is recognised on the date of receipt. Landlord Vision lets you choose the method for MTD purposes and calculates income and expenses accordingly.

Where rent is collected by a letting agent under the cash basis, income is recognised when the tenant pays the agent, not when the agent pays you.

No. MTD changes the reporting, not the payment schedule. The Payment on Account system is unchanged: a balancing payment for the previous year plus the first payment on account by 31 January, and the second payment on account by 31 July.

Yes, unchanged. The final declaration for 2026/27 is due by 31 January 2028, and tax payment dates are unaffected.

No. Every MTD submission needs you to review and confirm it. Landlord Vision prepares the figures and tracks the deadlines, but you press submit.

No. HMRC receives summarised category totals, not documents.

You do need a digital record of each transaction, with date, amount and category, and you should keep the underlying invoices and receipts in case HMRC opens an enquiry. Storing them in Landlord Vision is good practice and makes any enquiry easier, but it is not what gets submitted.

The interest is allowable against the property business, because what matters is the purpose of the loan and not which property secures it.

For residential lets it is not an ordinary expense: it is a residential property finance cost, relieved as a basic-rate 20% tax reducer. Code it to Residential Mortgage Interest in Landlord Vision rather than to general interest or repairs.

Costs for carrying out inspections need to be recorded as travel cost expense invoices. Flat-rate mileage rates are not supported.

Landlord Vision has built-in categories for non-rental property income such as tenant charges, mapped to the right accounts so the data is categorised correctly in your MTD submissions. You can create further categories and assign them to the same accounts. Self-employment income uses a separate portfolio type with its own chart of accounts and its own income and expense categories.

Landlord Vision covers almost all landlord scenarios, including:

• UK property income and expenses
• Overseas property business (where applicable)
• Non-property income and expenses (captured separately from properties)
• Losses, loss claims, and end-of-year adjustments
• Finalisation and post-finalisation amendments

Yes. The final declaration brings property income together with the wider personal tax items that sit outside property, including PAYE, dividends, savings interest, pension contributions and common tax reliefs.

Yes. Landlord Vision supports entering non-property income, including investment income, under the MTD journey. In practice, these entries are recorded using the relevant non-property income categories and not assigned to a property, so you can keep investment income cleanly separated from your rental business while still being able to report it through MTD.

Yes. Landlord Vision also supports entering non-property expenses under the MTD journey, again captured in the correct non-property categories rather than against a property. If something sits in a grey area (partly personal, partly business, or unusual), support can advise the right treatment to ensure your reporting stays consistent and compliant.

Yes. Landlord Vision reports UK and overseas property as separate property businesses, which is how HMRC expects them to be treated. Each has its own quarterly updates. Overseas tax paid is handled through Foreign Tax Credit Relief at the final declaration. If your overseas setup is complex, contact support and we will confirm how to structure it.

Yes. Landlord Vision supports self-employed portfolios for recording sole trade income and expenses and submitting them under MTD.

Yes. You can submit your rental income through Landlord Vision while using different software for your self-employment submissions.

Yes. LV2 includes a dedicated Losses area where you can manage brought-forward losses and loss claims. Where ordering matters (e.g., carry-sideways claims), LV2 supports sequencing.

Yes. LV2 supports unlocking post-finalisation changes and running the correct amendment flow (so you're not stuck if something changes).

If your setup isn't clearly covered in this FAQ, contact support with:

• What income types you have (property / overseas / dividends / interest / etc.)
• Whether you're self-filing or using an accountant
• Any unusual ownership (joint ownership, changes in-year, etc.)

We'll confirm coverage and advise the cleanest route.

Yes. Invite your accountant as a team member and they can submit MTD data for you. You need to connect to your own HMRC account from the MTD for Income Tax screen first. Each MTD authorisation lasts 18 months, or until you revoke it from within Landlord Vision, which leaves plenty of time for your accountant to review and submit before a new authorisation is needed.

Landlord Vision lets you handle the bookkeeping and the MTD submissions yourself without an accountant. We would still recommend having an accountant review your accounting data and reports, to be confident the MTD figures are accurate and complete.

The final declaration replaces the Self Assessment return. If your accountant adjusts the figures you submitted quarterly, for capital allowances, accruals or tax reliefs, that is expected and entirely legitimate. An inaccuracy penalty applies only where the final declaration itself contains a deliberate or careless error that results in you paying less tax than you would otherwise.

Non-resident landlords do not have to join MTD for Income Tax before April 2027. There is one exception. If you have already filed a tax return that included the residency pages, for example because you were UK resident and then moved abroad, that later start date does not apply to you.

The Non-Resident Landlord Scheme is a separate regime and has nothing to do with MTD.

Under that scheme, a tax representative means a prescribed person who deducts 20% tax, such as a letting agent or a tenant paying you directly. It does not mean an accountant.

Yes. We run MTD training webinars, and a recording of the session we have already run is available. You can watch the webinar recording on YouTube.

Yes. Every session is recorded. You can watch the webinar recording on YouTube.

No. MTD is delivered on the new Landlord Vision only. If you are on Legacy and need MTD, you will need to move across. Your portfolios, properties, transactions and categories all migrate with you.

• Reach out to our sales team via noel.murphy@landlordvision.co.uk to discuss your options and the exclusive rates available to valued legacy customers.
• Move to LV2 (so you're on the MTD-ready platform)
• Use our training webinars/recordings
• If you have a specialist scenario (overseas, complex reliefs, etc.), talk to support early so you're not scrambling near a deadline.

Mostly yes — the bulk of your operational data (properties, portfolios, transactions, categories) will migrate, and for most customers that's enough to be MTD-ready once they're on LV2. What won't migrate 1:1 is anything that's specifically tied to the old platform's MTD attempts or any MTD authorisations/obligations (those are LV2/HMRC-flow specific), and some customers may need a quick post-migration review of category mappings (especially non-property items) and any historical coding quirks before submitting. If you're concerned your setup is unusual, support can quickly sanity-check what you'll need after migration.

Legacy and LV2 structure some reporting differently, and MTD is LV2-native. That means MTD authorisation/obligations don't "transfer" — they're set up fresh once you're in LV2.

Close to it. You authorise Landlord Vision against your HMRC account once, check your category mappings after migration, then review and submit each quarterly update. The software tracks the deadlines and pre-populates the figures. You confirm and submit.