RentalBux – HMRC-Recognised MTD Software for IT Consultants
Whether you take day-rate contracts, fixed project assignments, or rotate between remote and client-site consulting, RentalBux makes MTD Compliance for IT Consultants effortless.
HMRC recognised for MTD, RentalBux simplifies everything from quarterly submissions to year-end tax filing, all in one easy-to-use platform. You focus on your contracts, and we’ll take care of your taxes.
Why IT Consultants Rely On Us
Trusted by thousands of IT Consultants across the UK
RentalBux finally gave me peace of mind.
Even after trying several tools, I was struggling with my portfolio of three rentals. MTD just added to that struggle. But then, I was introduced and all my worries disappeared. MTD submissions in minutes, track each property separately, allocate profit sharing. Wow!
Built for landlords, used by landlords.
As a landlord managing 12 units across two ownership structures and some self-employment income, I needed something that handled everything. RentalBux was the only software that did that.
Time saved.
Switching to RentalBux was one of the best decisions I made. Especially the joint-ownership module. Our family property had three owners with different shares, and RentalBux handled it quite efficiently.
Check if you need to join Making Tax Digital
Answer four quick and easy questions and see whether and when you need to start complying with MTD requirements. A few seconds to determine your eligibility and get guarantees on how you need to proceed.
Added bonus, no data leaves your device. Everything runs on your browser.
Making Tax Digital Checker
Find out when (and if) you need to join Making Tax Digital for Income Tax Self Assessment
Are you digitally excluded?
Digital exclusion means you cannot use digital tools due to age, disability, or lack of reliable internet access.
Do you have a National Insurance number?
A National Insurance number is required to join MTD for Income Tax.
Why do you need to send a Self Assessment tax return?
Select the main reason for submitting a Self Assessment return.
What is your expected qualifying income?
Enter your total gross income before expenses from self-employment or property.
Your result will appear here
What RentalBux Does for IT Consultants?
Everything IT professionals need for MTD compliance:
Digital Records
Quarterly Update Filing
Final Declaration
Why RentalBux for IT Consultants?
Built for IT Consultants. Manage income, expenses, and MTD tax filing all in one place.
Designed by Accountants Who Work with IT Consultants
RentalBux isn’t generic software. It’s built by accountants familiar with the unique accounting needs of self-employed IT professionals. Every feature solves real-world challenges like irregular client invoices, subcontractor payments, software licence tracking, and project-specific expenses — all aligned with MTD for IT consultants.
HMRC-Recognised Software for Making Tax Digital (MTD)
RentalBux is HMRC-recognised software for MTD for Income Tax. Every submission, quarterly update, and final declaration meets the latest digital reporting rules — giving you complete compliance confidence.
IT Consultant-Specific Chart of Accounts
No need to force your consultancy income and expenses into generic categories. Pre-built accounts cover client project fees, software licences, subcontractor payments, travel, equipment, and professional subscriptions.
Simple Enough for Non-Accountants
Clear dashboards, guided step-by-step workflows, and no accounting jargon. Even if you've never used bookkeeping software before, you can manage your records confidently — without interrupting your consultancy work.
Feel the Difference RentalBux Makes
Real challenges IT Consultants face, and how RentalBux solves them
| Real challenges IT consultants face | How RentalBux solves it |
|---|---|
| Invoices, contracts, and receipts scattered across emails, spreadsheets, and project management tools. | Integrates all income and expenses into a single digital workspace, reducing admin and errors. |
| Bookkeeping eats into billable hours, client meetings, and project delivery. | Automated receipt capture, bank feeds, and project-based expense tracking save hours weekly, letting you focus on consultancy work. |
| Difficulty separating client fees, subcontractor payments, and project costs for accurate reporting. | Tracks multiple income streams and project-specific costs independently for precise quarterly MTD submissions. |
| Managing software licences, cloud services (AWS, GitHub, Microsoft), and equipment costs manually. | Pre-built IT consultant chart of accounts categorises licences, subscriptions, and equipment (for capital allowances) automatically for HMRC-ready reporting. |
| Confusion over MTD rules, deadlines, and quarterly submissions. | Step-by-step workflows, reminders, and deadline alerts simplify compliance. |
| Generic accounting tools don’t reflect consultancy workflows. | Supports IT-specific expenses like software, subcontractors, travel, and professional subscriptions. |
| High cost of adopting full accounting or practice management software just to meet MTD. | Affordable plans with a free option for single-stream consultants make MTD compliance accessible. |
Frequently Asked Questions
Find answers to common questions about our services and solutions.
Does MTD apply to landlords with multiple properties?▶
Does MTD apply to landlords with multiple properties?▶
Yes. Landlords who own multiple rental properties must combine the gross income from all properties to calculate MTD threshold of £50,000. Even if individual properties earn modest amounts, your total rental income counts toward the threshold. If your combined rental income exceeds the threshold, you must maintain digital records and submit quarterly updates under MTD.
Do I need seperate quaterly updates for each property?▶
Do I need seperate quaterly updates for each property?▶
No. All rental income and expenses are reported together in a single quarterly update, although records should be kept separately for each property. This ensures HMRC can verify each property’s income and allowable expenses, while simplifying compliance.
What digital records are required for large UK rental portfolio landlords under MTD?▶
What digital records are required for large UK rental portfolio landlords under MTD?▶
You must keep digital records of:
Rent received for each property
Allowable property expenses (repairs, maintenance, insurance, mortgage interest, utilities)
Dates, amounts, and supporting receipts
Property-specific notes
These records should be organised and easily accessible for quarterly updates and year-end final declarations.ere...
What software or stystem can I use for multiple properties?▶
What software or stystem can I use for multiple properties?▶
HMRC requires digital record-keeping and MTD-compatible software for all landlords meeting the income threshold. Software should:
Track each property separately
Categorise income and expenses according to HMRC rules
Prepare quarterly updates and year-end declarations
Using HMRC-recognised software like Rentalbux ensures compliance, reduces errors, and simplifies record-keeping for multiple properties.
How are allowable expenses tracked accross multiple properties?▶
How are allowable expenses tracked accross multiple properties?▶
Each property’s expenses must be recorded individually, including:
Mortgage interest and insurance
Repairs and maintenance
Letting agent fees and utilities : Expenses are reported per property but aggregated for the quarterly update. Keeping detailed property-level records ensures accurate tax reporting and helps maximise allowable deductions..
What are the penalties for non-compliance as a portfolio landlord?▶
What are the penalties for non-compliance as a portfolio landlord?▶
HMRC uses a points-based penalty system for late or inaccurate submissions. Each missed quarterly update, or final declaration earns points, and exceeding thresholds leads to financial penalties. Landlords with multiple properties have more transactions to track, increasing the risk of errors. Maintaining organised digital records for each property reduces the likelihood of penalties and ensures full MTD compliance.