For landlords, managing rental income, expenses, and HMRC submissions can be time-consuming and complicated. The introduction of Making Tax Digital (MTD) has added an extra layer of compliance, making it essential to have reliable software that can handle the workload efficiently. Thankfully, free MTD software now allows landlords to streamline their accounting without any upfront costs.
RentalBux is a purpose-built platform for landlords and sole traders, combining property management and accounting in one user-friendly system. Its automation features and property-centric tools ensure that landlords can manage finances accurately and efficiently. For anyone looking to simplify their accounting, this free MTD software is an ideal solution.
Automation That Saves Time
Manual bookkeeping and spreadsheets can lead to errors and wasted hours. RentalBux reduces this burden through automation:
- Automated Bank Feeds: Bank transactions are imported and categorised automatically, saving time and reducing mistakes.
- Recurring Invoices: Set up rent, service charges, or maintenance fees to recur, ensuring accurate records with minimal effort.
- OCR Bill Capture and AI Categorisation: Receipts and invoices are scanned and assigned to the correct category instantly.
- Automated Reconciliations: Bank statements and invoices are matched automatically, giving landlords a clear overview of their finances.
With these features, landlords can focus on managing their properties rather than wrestling with manual accounting.
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Property-Centric Features
Generic accounting software often struggles to handle the unique needs of property management. RentalBux is designed to address these challenges:
- Track multiple properties and tenants in a single dashboard
- Manage joint ownership and multiple profit-sharing ratios easily
- Pre-built chart of accounts tailored to property and self-employment income
This makes RentalBux one of the most practical free MTD software solutions available for landlords.
Find the Right Making Tax Digital Software for Income Tax
HMRC-Recognised and Accessible
RentalBux is officially HMRC-recognised for Making Tax Digital, giving landlords confidence that their submissions are compliant. Landlords with a single property can even use the platform free until March 2028. Larger portfolios benefit from automation, joint ownership support, and multi-property management features, all integrated into one platform.
For landlords looking to simplify accounting and stay compliant, switching to free MTD software like RentalBux is a smart choice. Its automation and property-focused features make managing rental finances straightforward and stress-free.
With its combination of automation, compliance, and property-specific tools, RentalBux proves why it is the leading free MTD software for landlords.
