How to Submit Your Second MTD Quarterly Update (Q2 2026/27)
Landlord Studio
0:00 / 0:00
How to Submit Your Second MTD Quarterly Update (Q2 2026/27)
35 просмотров · 4 дня назад
Landlord Studio
1,28 тыс. подписчиков
35 просмотров · 4 дня назад
Your second Making Tax Digital quarterly update is due 7 November 2026. It covers 6 April to 5 October, and it can bring a missed or wrong quarter one up to date in the same submission.
Logan Ransley, co-founder of Landlord Studio, walks through what to do if you missed your first deadline, how to fix a Q1 mistake without filing an amendment, getting expense categories right, joint ownership, and what happens if 7 November passes.
This session is for education. It is not tax or legal advice, so speak to an accountant about your own situation.
Start your free 14-day trial of Landlord Studio: https://portal.landlordstudio.com/Acc...
MTD hub: https://www.landlordstudio.com/uk/mak...
0:00 Q2 deadline and what we'll cover
1:36 Q2 recap: updates are cumulative
3:26 HMRC is signing landlords up
4:10 Register before you connect software
4:35 Missed Q1? Your Q2 update covers it
5:14 Five problems landlords hit in August
5:50 Fixing a Q1 mistake without an amendment
6:45 Demo: adding missed Q1 records
8:01 Demo: the Q2 submission screen
9:29 Joint owners and ownership shares
10:28 Submitting to HMRC
11:24 Expense categories and mortgage interest
12:29 Final declaration: 31 January 2028
13:07 What happens if you miss 7 November
13:46 Q&A: missed Q1 expenses
14:12 Q&A: changing category mapping
14:51 Q&A: joint landlords register separately
15:05 Q&A: joint owners with different shares
16:06 Q&A: does MTD replace Self Assessment?
16:50 Limited companies are out of scope
17:12 Your one action before 7 November
#MakingTaxDigital #MTD #UKLandlords