MTD (guide)

You submit quarterly updates through MTD-compatible software, like August. you cannot file them on the HMRC website. Each update is a summary of your rental income and allowable expenses for that quarter. With August, the process is straightforward: your income and expenses are already logged digitally throughout the quarter. When the deadline approaches, August compiles the figures, you review the summary, and submit directly to HMRC from the app. The whole process takes a few minutes. You can view your submission history at any time.
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