What MTD means for landlords, and where Abodient is with it.
Making Tax Digital (MTD) is HMRC's move to quarterly digital reporting for landlords, and this page shows you where Abodient stands on it and what your figures look like.
On the Finance page, the Tax estimate card has a Making Tax Digital strip along its foot. A property's Finance tab has the same strip, on a phone too. Click it and a panel opens on the right. It always covers your whole portfolio, whichever page you opened it from.
The strip reads Quarterly updates to HMRC and "See what you'd send now. HMRC approval pending." It shows your Qualifying income and a Preview badge.
Abodient is waiting for HMRC's approval before it can take part in live quarterly updates. Until then the panel is a preview. It keeps you MTD-ready: you see your figures as they stand and can sort anything that needs attention.
In the panel you can:
The preview shows your figures at your share of each property. It sends nothing to anyone.
If anything needs a decision, it sits under For your review. A mortgage with no type saved shows there with Add mortgage details.
This is your rent, at your share of each property, before costs. The panel lists each property, shows the tax year it covers, and gives a total.
Two things are not in it. A property held through a company is left out, because a company's rent is the company's income. And we do not hold any self-employment income you have, which counts towards HMRC's test.
MTD for Income Tax is phased in by income:
Abodient does not tell you whether you are in. HMRC decides that from your Self Assessment returns, using income from an earlier tax year and income outside property that we never see. HMRC writes to tell you when you are in.
These are the dates HMRC has announced. GOV.UK carries the live position if they change.
Abodient does not make your Final Declaration, or report income from outside property. That is done separately — GOV.UK explains how.
