Questions people ask us

If your income from property (and any self-employment) is over £50,000 a year, then yes. HMRC requires digital records and quarterly updates from April 2026. The threshold lowers to £30,000 in April 2027 and £20,000 after that. Quarterwise keeps you on the right side of the rules whichever band you’re in. Read the full guide →

Yes. HMRC has granted Quarterwise the "MTD ready – recognised by HMRC" trademark, reference C2V6MT. Quarterwise files through HMRC’s official Making Tax Digital APIs. See Quarterwise’s listing on GOV.UK →

Each owner counts only their own share of the rent toward the threshold. If your share takes you over, you keep records and send updates for your share. Your co-owner looks at their own position separately.

The full rent your tenants pay, before the agent’s fee comes off. Record the rent gross and the fee as an expense. That gross figure is what counts toward the threshold.

Yes. One property or one self-employment business, manual entry and CSV import, your quarterly updates and your tax return to HMRC, all free, with no card required and no time limit. We only charge if you need more properties or businesses, or the time-saving extras in Pro. Read the full guide →

Quarterwise works well alongside an accountant. Keeping tidy digital records through the year makes year end quicker, and you can export your records as a PDF or spreadsheet to hand over. It is designed to work alongside your accountant rather than replace them. Read the full guide →

Yes. Download your earnings report from the platform and import the file. Your income is recorded gross with platform fees as expenses, the way HMRC needs it, and re-imports never double-count. Booking.com hosts can import their monthly commission invoices too, so profit is never overstated. Read the short-term let tax guide →

Yes. Export your spreadsheet as a CSV and import it in a couple of clicks. We’ll help match your columns to the right categories, so nothing gets lost.

Your data is encrypted in transit and at rest, hosted on UK servers, and fully GDPR compliant. We never sell or share it. You can read more in our security overview.

Quarterwise covers UK property, property outside the UK and self-employment income, including quarterly updates, year-end adjustments and the tax return. If you also have employment, a pension, savings interest, dividends, capital gains or partnership income, you can still keep your property and business records here, but you should report that other income, and submit your tax return, in software that supports it. Under Making Tax Digital you can use more than one product. Read the full guide →

Quarterly updates are due roughly one month after each quarter ends, and your tax return by 31 January following the tax year. Quarterwise reminds you well ahead of every date, so you’re never caught out. Read the full guide →

HMRC uses a points system. In the first year, 2026 to 2027, late quarterly updates earn no penalty points. From 2027 to 2028 each late update adds a point, and at four points you get a £200 penalty. A late tax return or late payment is penalised from the start. Deadline reminders are there so it never comes to that. Try the penalty calculator →

Yes, if your qualifying income is over the threshold. Non-resident landlords follow the same rules for their UK property income as landlords living here.

Yes. Add the property and tick that it is outside the UK, then choose the country. HMRC treats overseas property as a separate business from your UK property, with its own quarterly updates, and Quarterwise handles that split for you. Record amounts in pounds using HMRC’s published exchange rates. You can also record foreign tax you have already paid and claim Foreign Tax Credit Relief, so you are not taxed twice on the same income.