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How do I submit a quarterly update to HMRC as a joint property owner?

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How do I submit a quarterly update to HMRC as a joint property owner? Send your own update with your share of the rent by each deadline, starting 7 August 2027 for 2027 joiners. For a jointly let property you can leave expenses out until after the tax year ends. No. Each of you sends your own updates, covering your own share. GOV.UK says you do not need to link your digital records to the other landlord's. Yes, for jointly let property only. Your updates can carry your share of the income alone. You must add the expenses after the tax year ends, before you submit your tax return. Only if you choose to send income and expenses. The income-only option covers just the income categories, so your share of finance costs is added with the other expenses after the year end. Read the full answer, with every source, at rightotax.co.uk.

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Read the full answer, with every source

The one-minute version

Transcript

How do I submit a quarterly update to HMRC as a joint property owner? Send your own update with your share of the rent by each deadline, starting 7 August 2027 for 2027 joiners. For a jointly let property you can leave expenses out until after the tax year ends. No. Each of you sends your own updates, covering your own share. GOV.UK says you do not need to link your digital records to the other landlord's. Read the full answer, with every source, at rightotax.co.uk.

Voice and visuals made with automated software, including AI.

This is general information to help you understand the rules. It isn't tailored to your circumstances, so check your own position before acting on it.

Righto Landlord is a trading name of NJG Consultancy Ltd, registered in England and Wales, company number 16095900. Registered office: Jubilee House, East Beach, Lytham St Annes, FY8 5FT.