What makes Rentalbux the best Making Tax Digital software for landlords? Is it patience, is it expertise, is it adaptability? Well, to quote our founder Raju Gajurel, "It's the human touch."
Interestingly, today, having a human touch has become more essential than ever.
Making Tax Digital has already disrupted every UK landlord. Ever since the UK government said that MTD is here to stay, landlords and the self-employed haven't shied away from making their voices heard.
Now more than ever, those who need to comply with the MTD mandate today or tomorrow require human attention to solve their pain and struggle.
Why is human-to-human support essential for Making Tax Digital?
Let's be honest, Making Tax Digital is complicated. There are many factors that people are angry about, but these three are causing the most distress:
You have to maintain each and every receipt digitally (HMRC calls this digital record-keeping). Say goodbye to the good old shoebox bill storage.
You need to submit data to HMRC once every 3 months (quarterly), something which used to be an annual thing.
You need to use either MTD software or bridging software to submit data to HMRC. The requirement is that data needs to be digital, and not manual—as most landlords have been doing so far.
It didn't help either that there are so many software options to choose from. Some are free, some are expensive, some are made for landlords or the self-employed, some are not.
For a user who never had to think about all of this, this obviously creates immense confusion. Although the UK government has tried their best to help people understand MTD in every way possible, there's only so much a blog can do.
Thus, proper guidance from a human and not blogs becomes a key bridge between the UK government's plan to onboard as many people towards MTD.
How does RentalBux help?
We built the RentalBux software with this in mind. True, there are a couple of existing big players in the market; however, we have something they don't: a human-to-human connection.
Across every touchpoint, from figuring out if you are under MTD, signing up, accurately categorising income and expenses, submitting quarterly data, all the way to doing the final declaration, RentalBux helps you every step of the way.
When you sign up for RentalBux, you will be guided by support blogs. These support articles were created with you in mind, and not generalised for everyone. And if all else fails, our team of accounting experts will guide you along the way.
The software itself is created by UK Property Accountants, who provide accounting services for property owners.
This means every part of it is carefully curated so that any property investor/owner, as well as the self-employed, would find it extremely easy to figure out the software.
With RentalBux, you are simply one touchpoint away from human support. In these testing times for UK property owners, we exist to simplify the journey and ensure you stay ahead of every new regulation.
