Whether you manage just a handful of properties or a larger portfolio, if you have an income of more than £50,000 then new tax rules mean you will have to submit quarterly filing digitally.
The new HMRC Making Tax Digital (MTD) rules are expected to come into force in April 2026, meaning landlords and other businesses will need to use third-party software to make their submissions.
However, 123 Sheets can help - it has a landlord income tax self assessment MTD bridging software, recognised by HMRC, ensuring people remain compliant with their new obligations.
Chartered accountant and tax advisor Peter Hamilton is behind the company and its Making Tax Digital software, which includes MTD VAT.
Read more on manchestereveningnews.co.uk
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