From April 2026, if your gross turnover is more than £50,000 yearly from either a property or property business, you must comply with MTD rules. Then, from April 2027, if your gross turnover is more than £30,000 yearly from either a property or property business, you must comply with MTD rules.
If your gross turnover is under the £30,000 a year threshold, you can continue to use the current Self-Assessment system as normal.
If, as a landlord, you also have a business, you will need to combine your income from all your businesses, including gross rental income, to see if you are above the £30,000 threshold.
If you own property jointly (say with a spouse), each person has the £30,000 threshold; therefore, if your share of gross rental income is above £30,000, you will need to register for MTD.
What property types does MTD take into consideration?
- Residential property
- Furnished Holiday Lettings (FHL)
- Commercial property
- Non-UK overseas property
What if I am a landlord that’s registered as a limited company?
Currently MTD does not apply to landlords who are registered as a limited company.
What software will I need?
You must check the software you currently use is MTD compatible. You can do this here on HMRC’s website.
What do I need to submit?
You must submit quarterly updates for rental income and expenses every three months. The deadline dates are as follows:
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Quarterly period
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Quarterly Deadline
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6 April to 5 July
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5 August
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6 July to 5 October
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5 November
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6 October to 5 January
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5 February
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6 January to 5 April
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5 May
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At the end of a tax year (before 31 January), you will need to make any tax adjustments to an end-of-period statement (which combines all four quarters) and submit this to HMRC.
Any other sources of personal income, such as savings or dividend income, will also need a final declaration to HMRC by 31 January.
What if I run a business as well as being a landlord?
You must keep separate records and make separate submissions for each business. Please refer to our Making Tax Digital for Businesses page if you are a landlord and also run a business.