What is Making Tax Digital? Making Tax Digital (MTD) is a UK government initiative to modernize the tax system by moving it online. It was first announced in 2015 as part of a plan to end traditional yearly tax returns and make tax administration more effective, efficient, and simpler for taxpayers . In simple terms,…

Keeping good records is important for every landlord. It helps you track rent payments, expenses, repairs, and your profit. With Making Tax Digital (MTD) for Income Tax, spreadsheets won’t be enough – only approved software can maintain and submit these records. Eligibility calculator Use our handy calculator to check when you will become eligible for…

With Making Tax Digital for Income Tax (MTD for ITSA) starting from April 2026, many landlords are wondering if they must open a separate bank account for their rental income. Is a separate bank account required? No, HMRC does not require landlords to have a dedicated bank account for MTD. You can continue to receive…