Questions about MTD. Are you ready?
Ready or not, here I come, you can’t hide.
Gonna find you…
Before we get into the serious business, there is zero chance that I can type “Ready or not” without hearing the Fugees.
And to be fair those lyrics are very on point.
At a high level, the song is about inevitability, confidence, and survival.
The hook says it all. You cannot hide forever. Reality catches up.
Making Tax Digital is closer than you think, it’s not a future.
It is a data readiness problem happening now.
From April 2026, landlords will need digital records and quarterly summaries of income and expenses.
In the run up to that deadline, they will start asking their agents for live, usable digital data.
If the data is not already complete, structured and digital, the pressure starts early.
This is not about submissions
Quarterly updates are not tax returns. They are simple summaries generated from software.
That only works if:
Income is captured as it arrives
Expenses are recorded as they happen
Records are always up to date
Data does not need rebuilding later
Systems built around batch processing and period end reconciliation struggle here.
LettsPay solves this by design
LettsPay captures financial data in real time.
Reconciliation happens as money moves.
Landlord records are always current.
That data flows automatically into the MTD layer, ready for review and submission.
No rekeying.
No workarounds.
No last minute panic.
Tick-Tock
If a landlord rings and asks what you are doing about MTD, are you ready?
There is time, but only if you move now.
LettsPay MTD Portal for Landlords (& their accountants)
Simple > Automatic > Always ready
See the press release in Property Soup - https://propertysoup.co.uk/the-mtd-cliff-edge-why-letting-agent-data-migration-cant-wait/
See the press release in The Negotiator - https://thenegotiator.co.uk/news/regulation-law-news/opinion-looming-making-tax-digital-cliff-edge/
Risk hides in gaps, control lives in real time.
Client money fails quietly in blind spots between systems, delays between bank and software and fragmented compliance checks.
LettsPay brings rent, reconciliation and built in IDV, AML PEP & sanctions - and Making Tax Digital (MTD) into one real time flow,
so client money stops being a risk to manage and starts behaving like a strength.
Close the gap. See LettsPay live >>>>>