Making Tax Digital (MTD) is transforming the way landlords report their rental income to HMRC. For many property owners, the shift to digital record-keeping can feel overwhelming. Manual bookkeeping, spreadsheets, and juggling multiple tools increase the risk of errors and missed deadlines. Fortunately, modern automation in accounting software can make compliance far simpler.
RentalBux is specifically designed for landlords and sole traders, combining property management and accounting in a single platform. Its automation features ensure that landlords can stay compliant while saving valuable time. For anyone navigating the rules of making tax digital for landlords, the right MTD software for landlords software is no longer a luxury — it’s essential.
The Role of Automation in MTD Compliance
Automation can drastically reduce the administrative burden associated with MTD. With RentalBux, landlords benefit from:
- Automated Bank Feeds: Transactions from your bank account are imported and categorised automatically, eliminating hours of manual entry.
- Recurring Invoices: Rent collection, service charges, or maintenance fees can be set up to recur, ensuring consistent record-keeping.
- OCR Bill Capture and AI Categorisation: Bills and receipts are automatically scanned and assigned to the correct expense category, reducing human error.
- Automated Reconciliations: Bank transactions are reconciled with invoices and expenses, providing a clear view of your property finances.
These features allow landlords to focus on growing their portfolio rather than wrestling with admin. Landlords using RentalBux can be confident that their digital records are accurate and ready for HMRC submission — a critical aspect of making tax digital for landlords compliance.
Property-Centric Features That Make a Difference
Generic accounting software often struggles with the complexities of property ownership, especially for those managing multiple properties or joint ownership arrangements. RentalBux was built by accountants who specialise in landlord accounting, meaning every feature addresses real-world property challenges:
- Track multiple properties in a single dashboard
- Manage tenants, rent schedules, mortgages, and maintenance records
- Allocate income and expenses accurately for joint ownership or multiple profit-sharing ratios
By combining property management with automated accounting, RentalBux provides one of the most practical examples of making tax digital for landlords in action.
HMRC-Approved and Cost-Effective
RentalBux is officially HMRC-approved for Making Tax Digital for property income and self-employment. Landlords with a single property can even use the platform free until March 2028. For larger portfolios, the software remains one of the most cost-effective solutions on the market, without compromising on automation, compliance, or property-specific features.
For landlords looking to reduce administrative stress, avoid errors, and ensure seamless compliance, switching to making tax digital for landlords software like RentalBux is a game-changer. Automation transforms MTD from a daunting task into a simple, reliable process.