You are not the landlord’s tax advisor. You are, often, the first place they ring with a question about it. A working summary is useful.
Quarterly digital updates
Landlords above the income threshold will be required to submit quarterly summaries of income and expenses via approved software — not the once-a-year self-assessment return.
Software, not spreadsheets
HMRC-compliant software is required. A spreadsheet, however well-maintained, is no longer sufficient on its own.
What this means for your branch
A monthly rent statement that can be exported to common accounting tools quietly becomes much more valuable to your landlords.
