Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Many Making Tax Digital Software Packages Cannot File Returns
Many Making Tax Digital software packages cannot file returns, according to Landlord Today. HMRC's official list of software for MTD names 128 products that handle landlords' UK property income.
The report points to a gap between the number of listed products and their ability to file returns. Letting agents and inventory clerks should note that landlords relying on MTD-compatible software may need to check whether their chosen package can submit returns, not just handle property income.
The source does not specify which packages are affected or provide further detail on the filing limitations. The original article was published by Landlord Today.
Source: Landlord Today