Making Tax Digital
for Landlords

Continue to use your existing spreadsheet and insert our additional worksheet to collect quarterly summary data. Upload the spreadsheet to our website to send the summary data to HMRC.  

Alternatively, you can use one of our powerful spreadsheets to enter your accounting data and send summary data to HMRC. All income and expense categories are pre-matched to HMRCs expense categories. Our spreadsheets run complete ledger reports, run VAT Returns and show profit reports per property and per beneficial owner.

Users of Sage, QuickBooks and other products can export an Excel report out of their accounting software and upload that to our website in order to send data to HMRC.  

There are two basic elements to this:

1. You must keep your bookkeeping through to the quarterly submissions on computerised systems. You cannot use paper or ledger books anymore;
2. The tax return government gateway website for landlords is being removed. If your bookkeeping software doesn’t have a facility for you to file your quarterly Income Tax data to HMRC, you will need bridging software. This is what we provide.

We extract out of your spreadsheet the quarterly income and expense summary totals and send those to HMRC.

HMRC do not get your spreadsheet or bookkeeping transactions. We do not keep anything you upload to us.

No, our software has been recognised by HM Revenue & Customs for long-term use to accept spreadsheets.

Don’t get sucked in by the tales of some software providers that spreadsheets are only a temporary solution.

Watch this video:
https://www.youtube.com/watch?v=6qfm_M9vw3A

‍or follow these steps:

1. Ensure you have both spreadsheets open on Excel (and they are both of the same version 2010+ or 1997+): our worksheet and your bookkeeping spreadsheet;
2. Then, click on "View" then "View Side-by-Side". You should now see both spreadsheets at the same time: one above, one below on the same page;
3. Now pick up by the tab and drop either our worksheet into your spreadsheet, or vice versa to finish.

Failing that, you do not need to merge our worksheet into your spreadsheet. You can keep these as two separate spreadsheets and use a formula to move your quarterly submission figures to our spreadsheet and just upload that to our website.

Making Tax Digital (MTD) for landlords with rental income over £50,000 yearly begins in April 2026 (£30,000 from April 2027 and £20,000 from April 2028). Landlords will then be required to use making tax digital software for landlords to submit quarterly returns of income and expenditure to HMRC.

Landlord ITSA MTD bridging software is a third-party application landlords can use to integrate their accounting and tax records with HMRC. This enables landlords to easily submit quarterly returns of income and expenditure for Making Tax Digital compliance. 123 Sheets offers landlords MTD software designed specifically to help landlords stay compliant with their new obligations.

The digital tax rules apply to landlords. Under the new MTD regulations, landlords must use third-party making tax digital software for landlords, such as 123 Sheets landlords MTD software, to submit quarterly returns of rental income and expenditure to HMRC.