Accountants for landlords, including MTD for Income Tax.
Rental income, the expenses you can claim and the digital reporting rules that may apply, depending on your income and how you own the property.
GS Associates in Uttoxeter prepares tax returns for landlords with one property or a small portfolio, across Staffordshire and remotely. We record your rental income and allowable costs, deal with joint ownership correctly, and set you up for Making Tax Digital for Income Tax, which applies from April 2026 to landlords whose qualifying income was over £50,000 in 2024–25. Fixed fees agreed upfront.
Making Tax Digital for landlords
Making Tax Digital
and landlords.
From 6 April 2026, landlords whose qualifying income was over £50,000 in 2024–25 must keep digital records and send HMRC quarterly updates through compatible software, unless an exemption applies. The threshold is £30,000 (based on 2025–26) from April 2027 and £20,000 (based on 2026–27) from April 2028.
Qualifying income is your rent plus any self-employment income, before expenses. If you're above the line, a once-a-year spreadsheet no longer works. We set the software up, keep the records and send the updates, so it becomes routine rather than a worry.
HMRC: check if and when you need to use MTD for Income TaxGuidance checked 18 September 2026.
One property or a portfolio
What we do
for you.
We'll agree the work for your properties: income and costs recorded properly, the reliefs that apply to you claimed, the return filed, and any digital reporting requirements dealt with when they apply. One house and a portfolio need different amounts of work, and the fee reflects that.
- Your tax return
- Rental income, allowable expenses, residential finance-cost relief where it applies and any other income, prepared and filed before 31 January.Self Assessment tax returns
- Records and software
- Rent, agent statements and invoices kept in MTD-compatible software, with quarterly updates sent when required.Making Tax Digital support
- Property in a company
- If you hold property through a limited company, we prepare the company accounts and tax return too.Year-end accounts
Landlords
Your questions,
answered.
Does Making Tax Digital apply to landlords?
Yes, if your rental income plus any self-employment income, before expenses, is over the threshold for the relevant tax year: over £50,000 in 2024–25 (from April 2026), over £30,000 in 2025–26 (from April 2027) or over £20,000 in 2026–27 (from April 2028), unless an exemption applies. Rent from several properties is added together. Our guide has a threshold check; then ask us to confirm it for your figures.
Check whether MTD applies to you
Do I need to file a tax return for one rental property?
It depends on your rental income and your other circumstances. Income above the £1,000 property allowance normally needs to be reported to HMRC, but that doesn't always mean completing a tax return: it depends on the amount and whether you already file. If you're not sure, ask us before the 5 October registration deadline rather than after.
GOV.UK: paying tax on rental income
What can I claim against rental income?
Letting agent fees, repairs and maintenance, insurance, ground rent and service charges, and other running costs. If you own residential property personally, mortgage interest isn't deducted as an expense; relief is given as a basic-rate tax reduction, subject to limits. Company landlords follow different rules and can generally deduct qualifying loan interest when working out taxable profits. We go through your costs so nothing allowable is missed.
HMRC: tax relief for residential landlords
We own the property jointly. How does that work?
Each owner declares their share of the income and expenses. Married couples and civil partners living together are normally taxed equally on income from jointly owned property. If your actual ownership shares are unequal, you may be able to use Form 17 to be taxed on that basis; evidence and time limits apply, so speak to us before making a declaration.
HMRC: Form 17, declaring beneficial interests in joint property
What does a landlord tax return cost?
A fixed fee agreed upfront, based on how many properties you have and how you keep the records. If MTD for Income Tax applies, we quote separately for the quarterly updates and the software, so you can see exactly what each part costs.
How our fees work
Rental income and not sure where you stand?
Tell us how many properties you have and roughly what they bring in. We'll explain whether MTD applies and agree a fixed fee.
