How to do a final declaration for Making Tax Digital (MTD)
Making Tax Digital (MTD) Software for Landlords
New to Self Assessment?
Step-by-step guide to registering with HMRC as a landlord. UTR numbers, deadlines, and what happens if you're late.
MTD Complete Guide
Quarterly updates, digital records, deadlines, exemptions, and how to prepare before April 2026.
Starts April 2026 for landlords earning £50k+
You'll need to keep digital records
Replaces annual returns with quarterly updates
Requires approved software (that's where we come in)
The Making Tax Digital rules are being phased in based on your qualifying income from rental properties and self-employment.
Phase 1:
Landlords earning £50,000+
The first wave. If your combined rental and self-employment income tops £50k, you'll need to go digital and file quarterly.
Phase 2:
Landlords earning £30,000+
The threshold drops. Landlords with qualifying income over £30,000 must now comply with MTD requirements.
Phase 3:
Landlords earning £20,000+
Most landlords are now in scope. If that's you, you'll want to be ready well before this date.
How to calculate your qualifying income
Add up your total rental income for the tax year before expenses. HMRC will use your 2024-25 tax year income to determine if you need to comply by April 2026. If you're close to a threshold, it's worth preparing early.
Joint ownership?
No problem
Sole owner, joint owner, partnership. August handles different ownership models, giving you the flexibility you need.
Get ahead of
MTD
MTD isn't here yet, but starting now means you'll be ready when it is.
Start tracking today
Sign up and connect your bank. We'll start logging your rental income and expenses automatically.
We'll keep you organised
Throughout the year, your financial data is categorised and stored digitally. MTD compliant from day one.
Why landlords choose August
Built for real landlords,
who do it all themselves
With August
Built for you
Designed specifically for small landlords. Simple, helpful, and clear.
All-in-one app
Everything in one place, rent, expenses (MTD), compliance, documents, reminders, AI property assistant, insights, maintenance and tenants. No more juggling tools.
Step-by-step support
Smart checklists and prompts guide you through each stage of the tenancy.
Straightforward pricing
No surprises. No extras. Just one fair price for everything you need.
Other tools
Built for Agents
Made for large portfolios, with unnecessary complexity small landlords don’t need.
Scattered workflows
Docs in folders, rent in spreadsheets, tasks in your head. It’s all disconnected.
No real guidance
You're left guessing what's next and expected to remember everything.
Hidden costs
Unclear pricing with surprise fees. It's hard to know what you're really paying for.
Privacy at heart
Straightforward privacy
We keep things simple, we’re GDPR compliant meaning your data stays with you and we never share anything without your permission.
August is free for tenants. Landlords pay a simple flat fee.
FAQ
Got questions?
We've got answers
How do I get started and is there a free trial?
Is my banking and tax data secure in August?
Do I still need an accountant with August?
Can I use August if I own property jointly?
How does August track rent and expenses for MTD?
Can August submit quarterly updates to HMRC?
What records do I need to keep for MTD?
What updates do I need to send and how often?
When do landlords have to start MTD for Income Tax?
