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. Each late submission adds a point, and at 4 points you get a £200 fine, plus £200 for every late one after that. Points reset after 24 months of on-time submissions. There are separate penalties for late payments too.

As early as possible. If you're above the £50,000 threshold, your first quarterly update is due by 7 August 2026 covering income from 6 April. 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 submit on your behalf. 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. If you download statements from your bank as CSV files, you can import them 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 you never miss a deadline and rack up penalty points.

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.

We have two plans. The Free plan covers the basics you need to stay compliant — one property, CSV import, tax reports, and receipt scanning. MTD Lite unlocks unlimited properties, unlimited receipt scans, co-owner management, email reminders, and priority support.

Yes. Our Free plan lets you add one property, record transactions, and submit to HMRC at no cost — including CSV import and receipt scanning. It's fully functional for basic MTD compliance, so you can see how everything works before deciding whether to upgrade for extras like unlimited properties, co-owner management, email reminders, and priority support.

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.