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Holiday-let landlords invited on MTD pilot

13-05-2019

Landlords with furnished holiday lets have been invited to take part in a Making Tax Digital pilot. Those taking part in the trial will use specialist software to keep their income and expense records digitally before submitting them to HMRC every three months, plus a final annual report. Alex Foster, a tax partner at RSM, says: "Making tax digital for income tax seemed to have been kicked into the long grass when it was announced that it would not come in until 2021 at the earliest. Yet a new pilot scheme involving landlords suggests that the idea is very much alive."

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