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Both Xero and Hammock are HMRC-recognised for Making Tax Digital for Income Tax, but they are built for fundamentally different users. Xero suits sole traders, mixed-income landlords, and accountancy practices managing a portfolio; Hammock is purpose-built for landlords who want automated property accounting and real-time portfolio analytics in a single and focused platform.

Provestor for Landlords and Coconut are both HMRC-recognised for MTD for Income Tax, but Provestor for Landlords automates Section 24 mortgage interest and joint ownership splits that Coconut leaves to you. If MTD compliance accuracy is your priority as a landlord, the two products are not as interchangeable as they first appear.

Provestor for Landlords is a cloud-based MTD platform built for landlords, with automated Section 24 and joint ownership handling from £69 a year. TaxCalc MTD Quarterly Filer is HMRC-recognised bridging software for landlords who already keep spreadsheets, starting at £24 a year. Both are HMRC-recognised, but they solve very different problems.

TaxCalc MTD Quarterly Filer is HMRC-recognised bridging software from £24/year for spreadsheet users. Coconut is an HMRC-recognised cloud bookkeeping app with bank feeds, from £99.99/year or free via Zempler. Pick TaxCalc for spreadsheets, Coconut for automated bookkeeping.

Xero is HMRC-recognised for MTD for Income Tax across all income types and is live for mandatory filers from April 2026. Landlord Vision is building toward full MTD compliance and lists MTD ITSA submissions as an included feature across all plans, though the direct HMRC submission functionality was still noted as coming soon on the platform's own website as at June 2026. Understanding the difference matters before committing to either platform.

If you live outside the UK but own UK rental property, MTD is coming for you too. Not yet, but sooner than you think. This guide explains the exemption timeline, the NRLS interaction, the practical challenges, and what you should be doing right now to prepare.