Rent in, costs out, the mortgage-interest credit, your Making Tax Digital return — Ledgers tracks it all and files it straight to HMRC. Do the bookkeeping yourself and it's free, forever. Want the AI to do it for you and chase the rent? £14.99 a month.
Instead it's a shoebox of receipts, a spreadsheet that breaks every time you add a flat, and a tax return you dread. And Making Tax Digital is about to turn “once a year” into four times a year.
Before: You deduct it in full — and over-claim. HMRC says no (s.24).
With Ledgers: We route it to the 20% tax credit automatically. You just see the credit.
Before: Guess the split, or pay an accountant to do it.
With Ledgers: Enter your share once; your return only ever shows your half (Form 17 handled).
Before: The classic mix-up that triggers an enquiry.
With Ledgers: Repairs stay a cost; improvements sit on the property for CGT — the right side, every time.
Before: Read 40 pages of GOV.UK and still not be sure.
With Ledgers: Tell us last year's rent; we tell you if — and exactly which year — it starts.
Before: A shoebox handed to an accountant in August.
With Ledgers: Every rent and cost categorised as it lands. The return is ready by November.
Before: Booked as rent — and you've quietly overpaid tax.
With Ledgers: Held as the tenant's money, never counted as income.
Everything you need to run the property and file the tax — most of it free.
Add a property and rent & costs roll up per-property and into one UK property business. See each flat's profit, and your whole portfolio at a glance.
The quarterly updates and the final declaration that replaces Self Assessment — straight to HMRC. We're built for Making Tax Digital, and the filing itself is free.
The s.24 mortgage-interest credit, joint-ownership splits, the £1,000 property allowance, replacing domestic items — computed for you, not left to a footnote.
Because we keep a real ledger — not a tracker — your property sits on a balance sheet. So you see your equity (value minus mortgage), not just cash in and out.
Turn on autopilot: the AI categorises every transaction and checks your return like an accountant would — you just approve the edges.
Send rent invoices, track arrears, see your rent roll — on the same books, no separate app.
Most landlord apps are a spreadsheet with a nicer face, or a bridge that just passes numbers to HMRC. Ledgers owns a real general ledger: your property is an asset, your rent is income you're owed, your deposits are liabilities — so your SA105 falls out of the books, correct by construction.
Not a spreadsheet tracker (Hammock), not a filing bridge (Untied/123 Sheets) — an actual double-entry ledger you own, with the property as a real asset.
Most landlord tools charge a monthly fee just to file. Our free tier files your real MTD return — you only pay if you want the AI or the billing tools.
s.24, joint ownership, the mandation date, repairs-vs-improvements — computed and explained in plain English, not buried in a 'not tax advice' footnote.
No card to start. Free forever genuinely means free — upgrade only when you want the AI to do the work or to bill your tenants.
Connect your bank, add your property, and file your Making Tax Digital return — without paying a penny.
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