Is there a free trial?

Yes — 14 days free on any paid plan. No card required to start.

Can I manage different property types?

Absolutely. You can mix HMOs, single lets, and short lets in the same account. Each property gets the right tools for its type.

Does it work on my phone?

RentVault is mobile-first. It works beautifully on any phone, tablet, or desktop browser. No app download needed.

Does RentVault support Making Tax Digital?

Yes. RentVault generates quarterly summaries aligned with HMRC requirements and exports to Excel with one tap.

Your data is encrypted at rest and in transit. We use session-based authentication with bcrypt password hashing. No third-party tracking.

Can I cancel anytime?

Monthly plans cancel with no penalty. Annual plans run to the end of your billing year.

Making Tax Digital Readiness Checker for UK Landlords

Whether and when MTD for Income Tax applies depends on your qualifying income and any exemption. It applies from 6 April 2026 for qualifying income over £50,000 in 2024/25, from 6 April 2027 for over £30,000 in 2025/26, and from 6 April 2028 for over £20,000 in 2026/27. Landlords below the announced thresholds are not automatically required to join. Check HMRC's guidance for your circumstances.

This MTD Readiness Checker tells you in under two minutes whether you are currently in scope for MTD for Income Tax, what your obligations are, and whether your current record-keeping meets HMRC's requirements.

What is Making Tax Digital for Income Tax?

MTD for Income Tax changes how landlords and self-employed individuals above certain income thresholds keep records and report during the year. You will be required to:

Send quarterly updates to HMRC summarising your income and expenses — due by 7 August, 7 November, 7 February and 7 May (the following tax year).
Keep digital records of all income and expenses in HMRC-compatible software throughout the year.
Correct your digital records as soon as possible. Include corrections in the next quarterly update; after the fourth update, correct and resend it or adjust the relevant category total while updating your records, before finalising your Income Tax position.
Submit your annual tax return through compatible software or an accountant by 31 January.

The next quarterly deadline for landlords who entered MTD from April 2026 is 7 November 2026 — covering the period 6 July to 5 October 2026 (Q2). See the official GOV.UK guidance on Making Tax Digital for Income Tax.

Who is currently in scope?

From April 2026, MTD for Income Tax is mandatory for landlords and self-employed individuals with total gross income above £50,000 per year. This includes rental income from UK property.

From April 2027, the threshold drops to £30,000 — bringing an estimated additional 325,000 landlords into scope. From April 2028, the threshold drops further to £20,000, drawing in a further 550,000 landlords.

Landlords below the announced thresholds are not automatically required to join. Check HMRC's guidance for your circumstances, including any exemption. Keeping digital records can help you prepare if your circumstances change.

What counts as MTD-compatible software?

HMRC requires digital records and compatible software for MTD reporting. Standalone spreadsheets and paper records do not meet those requirements.

RentVault keeps digital records and produces quarterly exports for use with compatible software or your accountant. See how RentVault's income and expense tracking keeps your records organised.

What this checker covers

The MTD Readiness Checker assesses your current position across five areas: income threshold and scope, digital record-keeping compliance, quarterly reporting readiness, software compatibility, and annual tax return preparation. At the end you receive a readiness score and a personalised action list showing exactly what you need to do before your first submission deadline.

What happens if you miss a deadline?

HMRC will not apply penalty points or any other quarterly late-submission penalties for the 2026/27 tax year. An overdue quarterly update must still be submitted before you submit your tax return. For tax years after 2026/27, late quarterly submissions enter HMRC's points-based system: the threshold for quarterly filers is four points, triggering a £200 penalty, with further £200 penalties for continued non-compliance while you remain at the threshold.

Starting your digital records now, even before your mandatory enrolment date, means you arrive at your first deadline with a complete record rather than scrambling to reconstruct months of transactions.

RentVault tracks your rental income and expenses and produces quarterly exports for compatible software or your accountant. Start your free 14-day trial — no card required.