The residential property world is a fascinating industry to work in, with constantly evolving stories. Deborah’s VLOG keeps you updated on the latest property market news and insights, interesting listings, events taking place in and around Tunbridge Wells and details of her regularly updated property BLOGs.
The way landlords report tax is changing – and it’s happening soon. Making Tax Digital (MTD) is HMRC’s plan to replace annual paper returns with a fully digital system. Instead of one big submission at the end of the year, you’ll be reporting quarterly, keeping digital records, and staying on top of compliance like never before.
This isn’t just a technical update. It’s a fundamental shift in how landlords manage their finances – and it’s coming sooner than you think.
When Will It Affect You?
MTD will roll out in stages based on income: