Joint properties in MTD

If you jointly own properties, you will each have your own tax obligations. It may be that one of you needs to be in MTD, the other does not.

Remember if you have a mix of properties, income and expenses from all your UK properties (those you wholly own, and your joint share) are reported together, and all your foreign properties are reported together.

You only need to report on your share

In untied you can either enter your share, or enter the total amount and then partly claim it according to your share.

HMRC does not do any checks to make sure that joint owners collectively report total income and expenses - it's up to each person to report on their share.

You can enter totals for each quarter for your share

For your joint properties, HMRC also allow you to keep simpler records:

• You can enter in totals as manual entries for each quarter (though somewhere you'll need to have detailed records)
• You don't need to report your share of expenses each quarter (though you can choose to do so) - and instead add them as one total at the end of the year

In "untied"

You have a number of ways to manage this in untied.

It's up to you, but in the common scenario of two joint owners, and to ensure records are being kept somewhere, generally one person would link the relevant account to "untied", and partially claim transactions. They can they export the total which they give to the other person adjusted for the relevant percentages.

You'll each need an untied account, though we may give welcome discounts for the second account holder.