From April 2026, HMRC will start rolling out Making Tax Digital (MTD) for Income Tax. Landlords with income above £50,000 will be required to keep digital records and file quarterly updates, with those earning over £30,000 joining in 2027. This shift is mandatory, so it makes sense to prepare early.
We recommend landlords consider Hammock, a property tax software recognised by HMRC for MTD compliance. Most of our clients with buy-to-let properties are already using this software. Here is why Hammock stands out.
HMRC-approved and designed for landlords
Hammock is one of the few MTD-compatible tools created specifically for landlords. It supports multiple properties, ownership structures and tenancies, and automatically maps rental transactions to HMRC’s Self-Assessment categories. Unlike generic accounting packages, Hammock is tailored to the realities of property income, making compliance more straightforward and more reliable.
Real-time tax forecasting
One of the biggest challenges landlords face is surprise tax bills. Hammock provides live tracking of income, expenses, and cash flow, along with tax forecasts that are updated throughout the year. This visibility allows you to budget effectively and avoid last-minute financial shocks.
Efficiency and reduced admin
Quarterly reporting will inevitably add pressure. Hammock reduces that burden by linking directly to your bank accounts, automatically reconciling transactions, and matching payments to properties and tenants. Receipts can be uploaded instantly, and your accountant can access up-to-date data at any time.
The result: fewer manual administrative tasks, more accurate records, and faster preparation of property tax statements.
Early adoption pays off.
MTD may not become mandatory for some landlords until 2027, but HMRC already offers a pilot scheme. By starting with Hammock now, you can test the system, resolve issues, and be fully confident before the deadlines arrive. Adopting early avoids last-minute stress and ensures you are always one step ahead.
Next steps for landlords
Making Tax Digital for landlords is coming, and the requirements are not optional. By using Hammock, you can meet HMRC rules while gaining better control of your property finances.
If you are a landlord seeking the right MTD software or require guidance on preparing for digital tax reporting, please get in touch with us. We can guide you through the process and help set up Hammock so you are ready for the future of property tax.
You can call us on 01623 490 120 or email