Making Tax Digital (MTD) has fundamentally changed the way landlords must manage their finances. Many property owners assume that any accounting software will suffice, but the reality is very different. Generic tools often fail to meet the specific needs of landlords, leaving them at risk of errors, compliance issues, and unnecessary admin.
Traditional accounting platforms are primarily built for general small businesses. They struggle with the unique challenges landlords face, such as multiple properties, joint ownership, and complex profit-sharing arrangements. This is particularly problematic as the requirement for Making Tax Digital for landlords continues to expand, demanding precise and compliant record-keeping for all property income.
Why Generic Tools Fall Short
For example, a husband-and-wife team owning a rental property with unequal profit shares will find most conventional software cumbersome. Allocating expenses, tracking income splits, and generating accurate reports for HMRC often requires manual workarounds. Likewise, landlords with several properties may struggle to consolidate data, manage tenants, and keep on top of maintenance and rent collection — all while ensuring MTD compliance.
Many landlords mistakenly think any tool labelled “MTD-compatible software” will automatically handle these complexities. In reality, most general accounting solutions lack property-centric features, making it difficult to comply fully with Making Tax Digital for landlords requirements.
How RentalBux Solves the Problem
This is where RentalBux comes in. Designed by accountants for landlords and sole traders, RentalBux combines property management and accounting into a single, intuitive platform. With support for multiple properties, joint ownership, and even overseas rental income, RentalBux eliminates the frustrations associated with juggling multiple tools.
Key features include:
- End-to-End Property & Accounting Management: Track tenants, rent payments, maintenance, and mortgage details alongside bookkeeping and HMRC submissions.
- Joint Ownership Support: Automatically allocate income and expenses according to ownership ratios, removing the guesswork.
- Pre-Built Chart of Accounts: Categories are tailored specifically for property and self-employment income, ensuring compliance.
- Automation: Recurring invoices, bank feed reconciliations, and expense categorisation reduce manual work and save time.
By addressing real-world landlord challenges, RentalBux is a practical solution for MTD software for landlords, far beyond what generic tools can achieve.
Why Landlords Should Switch
Switching to RentalBux helps landlords streamline their workflow, reduce errors, and ensure compliance with HMRC. For landlords with a single property, the software is even free until March 2028 — making it accessible and cost-effective. Those managing larger portfolios benefit from joint ownership support, automated accounting, and property management features all in one platform.
For landlords looking for a reliable, intuitive solution, RentalBux is one of the few platforms that truly delivers on Making Tax Digital for landlords. It removes the frustration of using multiple systems and provides confidence that all income is accurately tracked and reported.
Landlords no longer need to rely on generic software that was never designed for property businesses. With RentalBux, compliance is simple, efficient, and tailored to the real-world challenges of the modern landlord. This is why more and more property owners are choosing RentalBux to meet the demands of Making Tax Digital for landlords.