Category 7
Landlord MTD
UK property landlords may need MTD for Income Tax when rental income is above the threshold.
What it is
Landlords receiving UK property income may need to follow MTD for Income Tax. This includes renting out residential or commercial property. Digital records must cover rent received and allowable property expenses.
Who it applies to
Individuals with UK property income above the MTD threshold, including some joint owners — check how your share of income is counted.
What you need to do
- Record rent and property expenses digitally.
- Submit quarterly updates for property income.
- Include property profits on your final declaration.
Key points
- Furnished holiday lettings and other property types can have different tax rules.
- Mortgage interest restrictions still apply — not always a straight deduction.