Stop Guessing Your Tax Bill.

It's HMRC's new system for reporting rental and sole trader income. Instead of one annual Self Assessment, landlords and sole traders over the income threshold will need to keep digital records and send quarterly updates to HMRC through compatible software like ours.

If your combined gross income from property and sole trader earnings (before expenses) is over £50,000, you must comply now: MTD is mandatory from April 2026. This includes combined property and sole trader income. The threshold drops to £30,000 from April 2027. Below that, you can still sign up voluntarily.

The tax year runs 6 April to 5 April, split into four quarters. Q1 is due by 7 August, Q2 by 7 November, Q3 by 7 February, and Q4 by 7 May. After that, you submit a final declaration by 31 January (this replaces your Self Assessment).

HMRC uses a points system: one point per missed deadline, and at 4 points a £200 fine, plus £200 for every miss after that. You only get one point per deadline even if you run several businesses. Quarterly updates are penalty-free for the 2026/27 tax year: in year one points apply to your tax return only, and to quarterly updates from April 2027. Below the threshold, each point drops off 24 months after the deadline you missed. Late payment is charged separately: 3% of the unpaid tax at 15 days late, again at 30, then 10% a year in interest.

As early as possible. You're in MTD from 6 April 2026 if your 2024 to 2025 tax return showed qualifying income over £50,000 (that's turnover before expenses, from property and self-employment combined) unless HMRC has exempted you. Quarterly updates are then due on 7 August, 7 November, 7 February and 7 May. Getting set up now means you can start recording transactions from day one instead of scrambling to backfill months of data.

HMRC requires digital records of all rental income and allowable expenses for each property, including dates, amounts, and categories. You'll also need to keep supporting evidence like receipts, invoices, and bank statements. Our app stores all of this digitally so you're covered if HMRC ever asks to see your records.

For straightforward rental income, the app handles everything you need for MTD compliance: digital records, quarterly updates, and your final declaration. If you have more complex tax affairs like overseas properties, capital gains, or other income sources, then it's worth having an accountant review things alongside the app.

You sign in through HMRC's own Government Gateway login page and give our app permission to let you send submissions from your account. It's the same secure sign-in method banks use. We never see or store your HMRC password.

You set the ownership percentage for each person on a property, and all income and expenses get split accordingly in each owner's HMRC submission. We handle the standard 50/50 married couple split, custom splits under Form 17, and mid-year ownership changes.

Section 24 changed how landlords deduct mortgage interest. You no longer get a full deduction; instead you get a 20% tax credit. The app works this out for you automatically so you can see the real impact on your tax bill, which matters a lot if you're a higher-rate taxpayer.

Yes. You can upload a CSV from your bank or an Excel spreadsheet (.xlsx) you keep yourself, straight into the app. We automatically detect formats from major UK banks including Barclays, HSBC, Lloyds, NatWest, Monzo, Starling, and more. Just upload the file and map the transactions to your properties.

Yes. Take a photo or upload an image of a receipt and our OCR scanner will extract the date, amount, and description automatically. It saves a lot of time compared to manual entry, especially if you have a stack of maintenance invoices to log. Available on all plans, with unlimited scans on MTD Lite.

Yes. The built-in filing calendar shows all four quarterly deadlines and your final declaration date at a glance. You can see exactly which periods are submitted, upcoming, or overdue. Email reminders are available on the MTD Lite plan so a deadline never catches you out.

Every transaction you record is mapped to one of HMRC's allowable expense categories, such as repairs, insurance, letting agent fees, or legal costs. If you import from a CSV or scan a receipt, the app suggests the best category for you. This means your quarterly updates are always in the format HMRC expects, with no manual mapping needed.

Yes. Everything is stored in a UK-hosted database with encryption in transit and at rest. HMRC tokens are encrypted with AES-256-GCM, the same standard banks use. We never store your Government Gateway login details.

Yes, you can download your transaction records and tax reports whenever you need them. Handy if you want to keep your own backups or share things with your accountant.

There's one plan. Signing up is free and you can set everything up without a card: add your properties or business, import transactions, scan receipts and watch your live tax position build. Filing to HMRC is £4.99 a month, or £47.88 a year (£3.99/mo billed annually, save 20%), and includes unlimited properties, unlimited receipt scans, co-owner management, email reminders and priority support.

It’s free to sign up and use: add your properties or business, import transactions, scan receipts and watch your tax position build. You only pay when you file to HMRC or generate tax reports: £4.99 a month, or £47.88 a year.

Yes. Upgrades take effect straight away. If you downgrade, your current plan runs until the end of the billing period and then switches over.

Yes. The app supports sole traders under MTD ITSA. You can record business income and expenses, track disallowable costs, and submit quarterly updates and final declarations directly to HMRC, all alongside your property income if you have both.

You can track all HMRC-allowable business expenses including office costs, travel, stock, legal fees, marketing, and more. The app also handles disallowable expenses separately so your returns are accurate. Annual adjustments like capital allowances and the trading income allowance are supported too.

Absolutely. Many users have both rental properties and a sole trader business. The app keeps them separate for HMRC reporting and you can see everything in one dashboard. Your MTD threshold is based on your combined gross income from self-employment and property before expenses. If this is over £50,000 for the 2024/25 tax year, you’ll need to use MTD for Income Tax from 6 April 2026. Both property and sole trader submissions are live and go directly to HMRC.