MTD explanation

1 Thanks
14 Posts
1 month ago

As an incompetent computer user I find the idea of MTD daunting. I just watched a webinar fro HMRC basically trying to get everyone to sign up for the pilot scheme. It did not explain simply to me how it works. I would like to see examples of the type of input required. Also, if this is for landlords to input info on income/expenditure on rental property every few months, when would I also send them info on my personal income like pensions / savings interest as I do at present with online self assessment?
Is there free software available? HMRC does not offer any and only says that tax deduction can be claimed.
Can NRLA recommend any software? I really do feel quite naive when it comes to new things, but I would like to be able to complete returns myself rather than pay for an accountant. Please can you enlighten me on this subject?

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £75 you can join in the discussion and get access to member's only resources and services join now.