Split Rent between owners

Support
1

How would be the best way setup Quickfile to split rent between 2 owners? Rent in goes to 1 bank account. Have 1 owner as a landlord with all the property details in and the other just as a sole trader and recieving money from landlord or setup both as landlords?

Thanks

2

Hello @Mbquick

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

As it stands, the split would need to be apportionment as each account is effectively submitting their own self assessment.

Depending on the testing other tools may be introduced before the full April 2026 rollout such as

  • A percentage based apportioning tool within the cumulative update report
  • An option to share an update with another authorised QuickFile account to simplify this process.
3

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