What is Making Tax Digital for Landlords?

Making Tax Digital is HMRC's initiative requiring UK landlords to keep digital records and submit quarterly income and expense updates using compatible software, replacing the single annual Self Assessment tax return. Instead of filing once in January, you'll send HMRC a summary of your rental income and expenses four times a year, plus a final declaration at year end. The aim is to reduce errors, improve record accuracy, and give landlords real-time visibility of their tax position. August helps you stay on top of this by keeping all your rental expenses digital and organised by quarter.