Making Tax Digital, done for you.£399 a year. Four quarters and the year-end.

If your rent plus any self-employed income, before expenses, was over £30,000 in the 2025/26 tax year, HMRC requires quarterly digital updates from 6 April 2027. Over £50,000 in 2024/25 and you are already in from April 2026. Over £20,000 in 2026/27 and you join in 6 April 2028. HMRC checks your last tax return and writes to you. The checker above gives you the answer from your own figures.

Only your share of the rent counts towards your threshold, and HMRC lets joint owners report just the income each quarter and the expenses at the year end. A £50,000 jointly let property is £25,000 each, which is under the 2027 line. If you are outside it, you will be told so rather than sold a service you do not need.

For the April 2027 group, the Budget of 28 October 2026 removed penalty points for late quarterly updates in 2027/28. The year-end return keeps its late-filing penalties, late payment costs 4% of the tax at day 15 and another 4% at day 30 in 2027/28, then 10% a year, and HMRC has already started signing up people who did not register themselves. The soft landing covers the first year only; from April 2028 a missed quarter earns a point and four points cost £200.

Four or more properties, or joint owners who both need filing, is £699 a year. So is rent plus a self-employed trade or CIS work, because HMRC wants a separate set of quarterly updates for each business you have. Property held in a limited company is not in Making Tax Digital for income tax at all; that is corporation tax, and we will say so rather than sell you something you do not need.

No. The price you sign at is the price for the year. Before the year ends you are told next year's price, and nothing continues unless you say yes. If you stop, you are told what is still due to HMRC and by when, and your records go to you or your next accountant within five working days of asking.

Four things come up most. A landlord who also has a trade needs two sets of quarterly updates, one for each business. Each update is a running total for the tax year so far, not that quarter on its own. Mortgage interest on a residential let is a 20% tax credit, not an expense. And an income source set up wrongly in HMRC's records can produce a letter saying an update is missing when it was sent.

HMRC requires the updates to go through recognised software. We use it on your behalf. You do not need to buy or learn anything; a spreadsheet or your bank statements are enough.

Sometimes, often not, and the answer depends on your mortgages, your other income and the new property income tax rates from April 2027. We sell a written feasibility report at £995 that shows the ten-year comparison with your numbers, and a £95 diagnostic that is credited against it. We do not recommend incorporation on this page because we have not seen your numbers.