Is your rental income ready for Making Tax Digital?
Organize income records for MTD compatibility. Informational only - we do NOT file taxes.
Start with the live workspace, then export this output when you need a formal pack.
Why teams use this
Making Tax Digital (MTD) for Income Tax requires landlords with rental income over £10,000/year to keep digital records and submit quarterly updates to HMRC (enforcement from April 2026). You need MTD-compatible software to record rental income, expenses, and submit updates. This readiness output helps you prepare rental income data for MTD, but Locastica does NOT provide tax filing or accounting services. It is informational only: you'll still need an accountant or MTD software to actually file. The output identifies record-keeping gaps, shows what MTD requires, recommends compatible software, and helps you organize data for your accountant or software.
Included
- Rental income digital record requirements (what MTD expects)
- Record-keeping gap analysis (what you're missing)
- MTD-compatible software comparison with recommendations
- Quarterly submission timeline and deadlines
- Common MTD mistakes and avoidance guide
- Trust metadata: HMRC guidance, effective dates, confidence score
Why it is reliable
- Informational only - NOT tax advice or filing
- Updated for April 2026 MTD enforcement
- Cross-referenced with HMRC official guidance
Frequently asked questions
What is Making Tax Digital for rental income?
Making Tax Digital (MTD) for Income Tax requires landlords with rental income over £10,000/year to keep digital records and submit quarterly updates to HMRC from April 2026. You need MTD-compatible software (like QuickBooks, Xero, or FreeAgent) to record income and expenses digitally and submit them to HMRC. This replaces annual self-assessment for rental income (though self-assessment still required for final tax calculation).
Do I need MTD if my rental income is under £10,000/year?
No. MTD for Income Tax only applies if your total income from property rental (gross rental income, not profit) exceeds £10,000 in a tax year. If under £10,000, you continue using normal self-assessment. The threshold is per tax year, so calculate April-April rental income to check eligibility.
Does Locastica file my taxes or submit MTD updates?
No. Locastica provides informational readiness outputs only. We do NOT file taxes, submit MTD updates, or provide tax advice. We help you understand what MTD requires and organize your data, but you still need an accountant or MTD-compatible software to actually file. Think of Locastica as preparation, not filing.
What software do I need for MTD?
HMRC-approved MTD software like QuickBooks, Xero, FreeAgent, or specialist landlord software (Landlord Vision, etc.). The software must be on HMRC's approved list and able to submit quarterly updates directly to HMRC. Locastica includes a software comparison section with recommendations based on your portfolio.
When does MTD for rental income start?
April 2026 for landlords with income over £10,000/year. HMRC will phase enforcement, starting with higher earners. If you meet the threshold, you need MTD-compatible software and digital records from the start of the 2026/27 tax year. Locastica helps you prepare records before the deadline.
Use this output when you need it
Review the live licensing position first, then export MTD Readiness Pack when you need a shareable pack.
Source-backed property checks come first. Exports come after.