Even simpler MTD for landlords

The UK tax return classifies landlords allowable expenses as: Rents, rates, insurance and ground rents Property repairs and maintenance Legal, management and other professional fees: Other allowable property expenses Residential/non-residential finance costs

There doesn't seem any point in categorising stuff more finely than this in Clearbooks.

Also incomes below 90k) we only need to report consolidated expenses anyway. Since my property is shared I still basically need to run a spreadsheet accounts.

All I need for each quarter is to be able to enter a single figure for

• income
• expenses
• interest