What are the MTD deadlines for landlords?

When do landlords need to start with MTD?

• From 6 April 2026, landlords with qualifying income over £50,000 must comply with MTD for Income Tax.
• For those earning over £30,000, the start date is 6 April 2027, and for over £20,000, it's 6 April 2028.
• Qualifying income includes gross income from UK and overseas property and self-employment turnover, before expenses.

What are the quarterly update deadlines?

• Standard quarters run from 6 April to 5 July, 6 July to 5 October, 6 October to 5 January, and 6 January to 5 April.
• Updates are due by 7 August, 7 November, 7 February, and 7 May.
• You can choose calendar quarters, ending 30 June, 30 September, 31 December, and 31 March, but deadlines remain the same.
• Each update is cumulative, correcting earlier figures if needed.

What about the final declaration?

• A final declaration must be submitted by 31 January following the end of the tax year.
• This declaration confirms the total income and expenses for the year and calculates the tax due.
• It's important to ensure all quarterly updates are accurate before making the final declaration.

Are there penalties for missing deadlines?

• In your first MTD year, there are no penalty points for late quarterly updates.
• After that, missing a quarterly deadline earns one point, and reaching four points results in a £200 penalty.
• Late tax returns and payments are penalised from the start, so timely submissions are crucial.

How can Quartax help?

• Quartax offers a service that turns a bank statement into the quarterly update for £39 a year, recognised by HMRC.
• This can simplify the process and help ensure you meet all deadlines.

For more detailed guidance, check out our guides on MTD deadlines and How to send an MTD quarterly update.