Making Tax Digital Guide for UK Landlords | MTD for Income Tax 2026 to 2028 | Quarterly Updates, Penalties, Digital Records | PDF

Seller's description

Making Tax Digital for Income Tax is the biggest change to how landlords deal with HMRC in years. This 18-page guide explains it in plain English: who has to join and when, what you must record, how quarterly updates work, the new penalty points, and a step-by-step plan to get set up.

WHY THIS GUIDE
I work in property, and most of what I found online was either written for accountants, out of date, or still quoting rules that have since been replaced. So every fact in this guide was checked against GOV.UK and legislation.gov.uk in October 2026, and the last page lists every source so you can check anything yourself.

WHAT'S INSIDE
• MTD in one page: what changes and what doesn't
• Do you have to join, and when: the £50,000, £30,000 and £20,000 thresholds and start dates
• Working out your qualifying income, with worked examples for joint owners and people with a job or side business
• Who is exempt or deferred, and how to apply for a digital exclusion exemption
• Digital records: what to keep, the simpler option for smaller landlords, and the residential finance costs rule
• HMRC's property income and expense categories, with examples
• Spreadsheets, bridging software and digital links (what counts and what doesn't)
• Quarterly updates: standard and calendar quarters, deadlines and corrections
• The year-end tax return and payment dates
• Penalties: points, first-year easements, late payment rates and interest
• Landlord situations: several properties, joint owners, letting agents, rent-a-room, holiday lets, overseas property, companies, cash basis
• Your first year month by month, a 10-step setup plan and a monthly checklist
• Questions landlords ask, a glossary and the full source list

PAIRS WELL WITH
My UK Landlord Tracker spreadsheet uses HMRC's property expense headings and totals your figures by quarter, ready for your MTD software or accountant.

GOOD TO KNOW
This is a digital download (PDF). No physical item is sent.
General information about the rules as published on 21 October 2026, not personal tax advice. Rules change, so check GOV.UK before acting, and speak to an accountant if your affairs are complicated. Not affiliated with HMRC.
For your personal use only. Please don't share or resell.
Plenty of time and effort has gone into creating this, with the help of AI.

Questions before you buy? Message me and I'll help.
Kian, Lepus