What records do landlords need to keep for Making Tax Digital?

Under MTD, landlords must keep digital records of their property income and expenses using compatible software.

This includes rental income, letting agent fees, repairs and maintenance, insurance, mortgage interest or restricted finance costs, service charges, ground rent, professional fees and other allowable property expenses.

This article should explain:

• What counts as a digital record
• Which income and expense records landlords should keep
• Whether landlords can still use spreadsheets
• How GetGround keeps records digitally
• How long records need to be kept