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MTD TAX ESTIMATOR

Estimate your tax, before HMRC does.

Calculate your estimated income tax liability as a UK landlord under Making Tax Digital. Enter your rental income, expenses, and other income to see an instant breakdown.

2025/26 tax bands
Allowable expenses
Instant estimate

Tax Estimator

Enter your rental details to calculate your estimated income tax liability under UK self-assessment rules.

Your Details

£
Common deductibles: repairs & maintenance, insurance, letting agent fees, accountancy costs, ground rent & service charges. Note: do NOT include mortgage interest here — it is a separate 20% tax credit, not an allowable expense.
£
Employment, pension, or other taxable income. This affects which tax band your rental profit falls into.
£

National Insurance is not applicable to rental income. This is an estimate only — consult an accountant for formal advice.

Enter your rental details

Your tax estimate will appear here

Understanding Making Tax Digital

Everything UK landlords need to know about MTD for Income Tax Self Assessment.

What is MTD?

Making Tax Digital is HMRC's requirement for landlords to keep digital tax records and submit quarterly updates electronically, replacing the traditional annual self-assessment.

Who Needs to Comply?

Landlords with property income over £50,000 from April 2026, and over £30,000 from April 2027. All self-employed individuals and landlords above the threshold must comply.

Quarterly Submissions

You'll submit 4 quarterly updates to HMRC during each tax year, plus a final end-of-period statement and annual declaration. Each quarter covers roughly 3 months of income and expenses.

Allowable Expenses

Deduct repairs & maintenance, insurance premiums, letting agent fees, accountancy costs, ground rent, and service charges from your rental profit. Mortgage interest is not deductible — instead you receive a separate 20% tax credit.

Penalties for Non-Compliance

HMRC's new points-based penalty system means each late submission adds a point. Reach the threshold (4 points for quarterly) and you'll face a £200 penalty, plus interest on late payments.

How Latch Helps

Latch keeps automated digital records of all income and expenses, prepares quarterly summaries, categorizes expenses for HMRC, and gives you real-time tax estimates throughout the year.

Ready to be MTD-compliant from day one?

Latch handles the digital record-keeping and quarterly submission prep so you can focus on your portfolio, not paperwork.

HMRC-ready records
Quarterly auto-prep
Free to start