TaxSimba — MTD for Landlords: What Landlords Need to Do in 2026/27
Preparation worksheet

Optional offline planning aid, not a tax return or filing confirmation.
Keep completed notes securely; never include passwords or one-time codes.

WORK THROUGH THIS EXAMPLE
One letting agent manages two UK flats and another manages a third. Reconcile each statement to the underlying rent, fees and ownership share before combining the relevant property-business totals. A payout from one agent is not the whole portfolio.

DECISION TO RESOLVE
Are all properties, ownership shares and agent deductions represented once?

YOUR POSITION
Relevant year and source: ____________________
Evidence supporting your answer: ____________________
Missing item and who will obtain it: ____________________
Deadline or next review date: ____________________

1. List properties and ownership shares.
Notes: ______________________________

2. Total gross rent for the relevant look-back year.
Notes: ______________________________

3. Reconcile each agent's gross-to-net statements.
Notes: ______________________________

4. Separate UK and overseas property records.
Notes: ______________________________

5. Confirm who sends updates and prepares the annual return.
Notes: ______________________________

Actions agreed and responsible person:
____________________________________

Guide: https://taxsimba.co.uk/blogs/mtd-for-landlords-2026-27
Check the current guide and official sources before relying on a deadline or process.