Husband & Wife Landlords

Not sure if this is in the correct section…

I have a new client starting in April due to MTD requirements.

They are a Husband and Wife Landlord pair with their properties being shared equally

However, the husband has one additional property that they share with equally with a 3rd party.

I’m not being asked to manage the books of the other 3rd party.

If I was setting this up in VT Software (my previous bookkeeping software of choice) I would have created 3 sets of accounts;

  1. The combined shared rentals for the husband and wife
  2. A set of accounts for the wife using 50% of 1. above
  3. A set of accounts for the husband using 50% of 1. above plus the additional shared property

I would then make MTD Submissions from accounts 2 and 3

How would this be set up in QuickFile?

Hello @PierViewAccounting

We are currently Beta testing our MTD ITSA offering with a small number of customers in line with the HMRC pilot.

Please see the link below

You would both need an account as you are submitting your own MTD Self Assessments.

On each account, the full value of the split property would need to be entered then on the MTD submission you can adjust it by 50%, you can also enter your property separately on your account.

We will introduce an apportion tool in April 2026 but it was not in scope for the HMRC pilot

Hi Steve - I’m the accountant…

I’d expect to create one account each for MTD Reporting, it was just getting the 50% each figures for the shared properties - would I create a non-MTD Reporting set of books to create the complete picture and then apportion to the two clients & add in the extra 50% of the other property for the husband?

That way we only need one account for uploading bank statements etc. Otherwise this would become exceptionally messy & I’d probably be better of creating on a spreadsheet & transferring to QF purely for reporting

Hello @PierViewAccounting

Under MTD ITSA, each individual landlord must have their own MTD reporting record, as the obligation sits with the person, not the property.

For jointly owned properties (e.g. husband and wife at 50:50), each spouse reports only their own share of income and expenses in their own MTD submissions.

There isn’t a mechanism within MTD to maintain a single “full” set of books and then apportion it for submission.

We could look at automatically apportioning the income and expenses for them i.e. 50/50

But that would be in the future April 2026

  • One landlord account is required to maintain the full bookkeeping records for the jointly owned property (including bank feeds, statements and invoices).
  • Two separate MTD ITSA accounts are required — one for each spouse — used purely for reporting, with each spouse submitting only their own share of the figures.

Thanks!

I wouldn’t mind having a chat with someone to understand pricing - I’m a little confused around who needs to be a £60 per annum Power User when using Affinity

Hello @PierViewAccounting

If the client accounts are connect to Affinity the Power User subscriptions are option.

The account is charged daily for each profile and billed monthly.

QuickFile Affinity overview

Billing Explained

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