Landlord

The Landlord app is where UK landlords manage rental properties, tenancies, income and expenses, and get that data ready for HMRC's Making Tax Digital for Income Tax (ITSA). A companion mobile app covers the same properties on the go.

Key concepts

• Properties, units, and tenancies — each property can have one or more lettable units, and a tenancy links a tenant to a unit for a period, with its rent terms.
• Co-ownership — if a property is owned jointly, income and expenses can be split between the owners' own legal entities rather than booked entirely against one person — useful for couples or joint investors filing separately.
• Certificates — safety and compliance documents (e.g. gas safety, EPC) are tracked per property so you can see what's current and what's due for renewal.
• ITSA prefill — property income and expenses recorded here feed directly into Making Tax Digital for Income Tax quarterly updates, so you're not re-entering the same figures for HMRC.

How do I…

…add a rental property?

Add it from the Properties area with its address and, if it has more than one lettable space, its individual units.

…add a tenant and tenancy?

From a property, add the tenant's details and set up the tenancy — rent amount, frequency, and start (and end, once known) dates.

…record rental income and expenses?

Rent and property-related expenses post against the property the same way transactions do elsewhere in ac-co.ai — connected bank transactions can be categorized straight to a property, or entered manually.

…split income with a co-owner?

Set up the co-ownership split on the property so income and expenses divide automatically between the owners' legal entities according to their ownership share.

…see the profit or loss for a property?

Each property has its own profit & loss view, so you can see how an individual property is performing, not just your portfolio as a whole.

…get my numbers ready for HMRC (ITSA)?

Property income and expenses recorded here prefill your Making Tax Digital for Income Tax quarterly submissions — review the prefilled figures for the quarter before submitting rather than re-entering everything by hand.