Quarterly update checklist
Use this checklist each quarter to prepare and send your quarterly update to HMRC.
Before you start
Make sure your record keeping is up to date. For detailed guidance, see Recording income and expenses.
- ✓ All rental income recorded for the period
- ✓ All expenses recorded and categorised
- ✓ All mortgage interest payments recorded
- ✓ Bank statements uploaded and transactions categorised (if applicable)
- ✓ Letting agent statements uploaded and processed (if applicable)
Final checks in the quarterly update screen
In your business workspace, choose the quarterly update from the sidebar. Review the data Provestor will send to HMRC:
- ✓ Total rental income looks correct
- ✓ Expense categories and amounts make sense
- ✓ Residential finance costs (mortgage interest) separated out correctly
- ✓ Joint ownership percentages applied correctly (if applicable)
- ✓ No warnings about missing information (e.g., transactions without properties assigned)
- ✓ Check transactions that won't be included (transfers, personal use, disallowable expenses) are correct
Use "Show details" under each category to review the individual transactions if needed.
Send and confirm
- ✓ Choose "Send to HMRC"
- ✓ Wait up to an hour
- ✓ Check for green tick next to the quarterly update in the sidebar (confirms HMRC received it)
Tip
The green tick in the sidebar is the quickest way to confirm HMRC has your update.
Need more detail?
This checklist assumes you're familiar with the quarterly update process. For detailed guidance, see How to send your quarterly update.