What is Making Tax Digital for landlords?

Making Tax Digital, or MTD, is HMRC’s system for managing Income Tax Self Assessment digitally.

For landlords, it means using HMRC-recognised software to keep digital records of property income and expenses, send quarterly updates to HMRC, and submit your final tax return through compatible software.

MTD does not change how much tax you owe. It changes how you keep records and report information to HMRC.

This article should explain:

• What MTD is
• What landlords need to do under MTD
• When MTD applies
• Whether MTD applies to limited companies
• How GetGround helps