My account status is ‘sole trader’ on Quickfile but all my income and expenditure is related to UK property. However, it won’t produce a report that includes all my income and expenditure as this is all under the ‘sole trader’ account setting that I originally set up Quickfile with and apparently I can’t change that. Can anyone help me with this?
Hello @cathygalligan
I think you are referring to 2 different things
The QuickFile account type is set up when you create your account (Sole Trader/Limited Company etc) - (can not be changed)
When doing MTD ITSA reports you would have linked businesses
- Self employment
- UK property
- Foreign Property
- A combination of the 3
By default mappings exist for the self employed income source (as its the most common) but they do not for the others
So in your case, you need to do the nominal mappings for the UK Property.
Please see this video guide I put together on a UK Property submission.
Thank you for your help with this. I think I’ve figured it out now 