Making Tax Digital is on its way and it's going to impact a lot of landlords. In fact, 1.4 million are in scope for MTD and will need to start making quarterly digital tax submissions - that’s over half of all landlords.
Making Tax Digital (MTD) has been on HMRC's roadmap for some time. Essentially, it’s the digitalisation of the tax system and it will bring significant change for landlords who complete Self Assessment Tax Returns.
We’ve created this guide to help property investors prepare for this change, answering all of the key questions our property accountants have been asked about Making Tax Digital for landlords.
You’ll learn about:
What Making Tax Digital is and when it’s happening for landlords
Exactly how it will affect landlords, including those with jointly owned properties
What kind of MTD software you’ll need
How to get your property business ready and register for MTD
We're Provestor, the property accountants. We're an award-winning accountancy firm that specialises in supporting landlords and property investors. Learn more about our monthly packages and tax advice.