This is equivalent to around a third of landlords in England and Wales not paying tax on their rental income. But that’s all changing – HMRC has launched a specialist team to track down those that aren’t declaring their rental profits and penalise them. To avoid this you must: Record ...
MTD for Income Tax is the next step in the MTD timeline from HMRC. From April 2026 if you have an income of over £50,000 annually, from self employment or property rental, you'll need to use MTD compatible software to: Keep digital records ...