Making tax digital for landlords Income Tax self assessment
01 Oct 2025
What you need to know
In March 2025, the government set out plans to lower the income threshold.
From 6 April 2026, landlords with a qualifying income over £50,000 in 2024/25 must keep digital records and submit quarterly updates of income & expenses via MTD-compatible software instead of a single annual return.

Tips and advice from Old Mill
Our accountants Old Mill have a specialist department for MTD and they have made a few recommendations we thought we should share.
- Keep your rental incomes in a separate bank account
- Choose a recommended all-in-one software tool
- Set your tax return to automate quarterly and year end
- Consider appointing professional accounting services
We hope this article was useful, if you have any questions our team will be happy to help.
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