Accounting Journal

Accounting Journal

Making Tax Digital for Property Landlords

Asif Patel's avatar
Asif Patel
Feb 08, 2025
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What is MTD?

Under MTD for ITSA, businesses, self-employed individuals, and landlords will keep digital records and send a quarterly summary of their business income and expenses to HMRC using MTD-compatible software. In response, they will receive an estimated tax calculation based on the information provided to help them budget for their tax. At the en…

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