Accounting software UK tax

Accounting software UK tax

Please can you suggest an accounting software provider who can produce UK tax returns and account for holiday let bookings?

3 Replies 3
Mike-And-Jane0
Top Contributor
England, United Kingdom

@Val6156 if you are a smallish operator excel is a very cost effective method.

All the expenses are just lumped intone figure on the return.

Making tax digital has been delayed so we are not yet forced to buy a system. 

Any solution you look at needs to be compliant with making tax digital or you will have to change again come 2025 or 6 (I think)

Many thanks, we have only one cottage. The latest dates to be Compliant with Tax Digital have been puut back to April 2026 for incomes over £50,000 and April 2027 for incomes over £30,000.  We shall continue with Excel.

Mike-And-Jane0
Top Contributor
England, United Kingdom

@Val6156 random tax fact - Are you aware that you can split the earnings of a holiday let anyway you want between the owners? Also that the earnings can be used to fund a pension?