For many landlords, Making Tax Digital for Income Tax (MTD for ITSA) will become a reality from next April. From 6 April 2026, MTD for ITSA will apply to unincorporated landlords who have combined trading and property income of £50,000.
For many landlords, Making Tax Digital for Income Tax (MTD for ITSA) will become a reality from next April. From 6 April 2026, MTD for ITSA will apply to unincorporated landlords who have combined trading and property income of £50,000.
Choosing the right property management software for your business can make a massive difference to your day-to-day life. Get the right one and so many of those niggly little tasks, from rent tracking and accounts management to compliance tracking and tenant communication, will take up less of your time, and save you a whole lot […]
Alongside the introduction of MTD, HMRC announced a new penalty regime. The regime is currently levied on VAT registered businesses and will also apply to MTD for Income Tax when it begins from April 2026 and possibly MTD for Corporation Tax when implemented.
For landlords and small property businesses, keeping up with tax rules and regulations has never been more complicated. First there’s the rental income rules and the allowable expenses, then there’s capital gains tax and stamp duty land tax, and now, on the horizon we have Making Tax Digital, which is going to drastically change the […]
Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will digitalise record-keeping and the provision of information to HMRC for income tax purposes. It will apply to landlords running unincorporated property businesses and to traders running unincorporated businesses (such as sole traders and partnerships with individual partners) progressively from 6 April 2026 (the 2026/27 […]
UK property regulations are rarely the most exciting topic to think about, but they are a critical part of being a landlord or property manager. Whether it’s gas and electrical testing, EPC ratings, fire safety or asbestos reporting, failing to comply carries serious consequences which can range from fines and reputational damage to a threat […]
If you are a landlord, or you’re self-employed, then Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is going to change the way you report your income to HMRC. These new rules mean that you will no longer be required to file a single tax return once a year, but instead keep […]
Block management, sometimes referred to as leasehold or estate management, refers to the professional management and maintenance of residential buildings that have multiple units in them, like blocks of apartments or flats.
If you are a landlord in the UK, you will have probably come across the phrase ‘Making Tax Digital‘, or MTD for short, at some point. But what is Making Tax Digital, and more importantly, what does it mean for UK landlords?
Running a property business is never straightforward. When you have a buy-to-let portfolio, you quickly realise you need to wear many hats all at once. From day-to-day you’re a managing agent, an accountant, a compliance specialist, a maintenance expert – all at once.
From April 2026, every UK landlord with more than £50,000 in property and/or business income will have to keep digital records and send quarterly updates to HMRC. That sounds daunting—unless your software does the heavy lifting for you. Landlord Vision’s new MTD for Income Tax feature has been designed from the ground up to make […]
Managing Houses in Multiple Occupation (HMOs) can be stressful, and full of unique challenges. These are properties that are rented out to at least three individuals – essentially a house share. For a landlord, that means multiple tenancy agreements, differing payment schedules, more rigorous legal and licensing requirements, more wear and tear, and higher risk […]
So you have a letting agent looking after one of your properties. Your tenant has paid that agent their rent, the agent has deducted their fees and paid you what’s left, leaving a lesser sum in your bank account.
Craig has been a landlord for 8 years and uses Landlord Vision to manage his property portfolio.