Forget the RRA for a moment. Time to get out?

Making Tax Digital will affect landlords, especially those who have other self employments and not using an accountant.

Will have to do five self-assessment tax returns a year from this 2026 tax return (2025-26 tax year), depending on income.

The income band drops each year – 2026 return (25-26 tax year) needs +£50k income from self-employment and income from property (and an extra 2% income tax for income from property); 2027 return (26-27 tax year) drops to +£30k, and drops to +£20k for 2028 return (27-28 tax year) >> https://makingtaxdigital.campaign.gov.uk/

If your income generated from just 1 or maybe 2 properties takes you into MTD and the RRA, plus the proposed EPC minimum C, maybe for many more, it could be time to consider whether the PRS is worth staying in.

The CGT allowance has already been reduced to £3k – hardly worth anything anyway – and will Reeves remove the allowance altogether, who knows?

No longer affects me as out, thankfully, after 35 years.

Thanks,

Judith