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What is Nexus by Landlord Studio?

Nexus is a digital platform specifically created for Making Tax Digital (MTD) accounting and reporting, catering to letting agents in the UK and their landlord clients. This state-of-the-art portal effortlessly integrates with various agent systems like Reapit, PayProp, SME Professional, LettsPay, and Alto, bringing together essential property, ownership, rental income, and expense data into a landlord's account. Landlords can review transactions, adjust allowable expenses, enter relevant income or expenses, and both prepare and submit their quarterly MTD updates, in addition to filing the annual final declaration to HMRC. They can also invite an accountant to either oversee their records or submit paperwork on their behalf. Letting agents showcase Nexus through a supported platform, while landlords can activate their accounts via an invitation or a signup link from the agency. Importantly, Nexus operates as a unique product within Landlord Studio, focusing on landlords working with participating letting agents, rather than serving as an independent service for direct sign-ups. This distinctive strategy allows agents to refine their MTD workflow by leveraging existing data from their systems, ultimately simplifying the accounting process for landlords. By doing so, Nexus marks a pivotal shift in the way tax management is handled for both letting agents and landlords, enhancing efficiency and accuracy in their financial dealings. The collaborative nature of the platform fosters a supportive environment for all parties involved, ensuring that tax obligations are met with greater ease and precision.

What is AccountsDesk?

AccountsDesk is a digital platform tailored for the Making Tax Digital initiative in the UK, serving a diverse range of users including businesses, self-employed individuals, landlords, agents, and accountants. It streamlines the management of digital records and the submission of MTD VAT and Income Tax Self Assessment (MTD ITSA), encompassing both quarterly updates and annual summaries. Users can seamlessly connect their accounts with HMRC, enabling them to evaluate their tax duties and submit VAT returns and income tax information directly through the platform. The spreadsheet bridging feature allows users to retain their existing workflow by uploading their records, matching relevant data with tax-return fields, and sending it electronically. Furthermore, the platform provides dashboards for monitoring submissions and tax-related data, while facilitating agents and accountants in managing multiple client accounts. Specifically designed for the complexities of UK tax regulations, AccountsDesk accommodates a variety of needs, such as self-employment, UK property income, and earnings from overseas properties. This all-encompassing tool not only aims to simplify tax processes but also enhances compliance for every user involved, making tax management more efficient and user-friendly. Ultimately, AccountsDesk represents a significant advancement in digital tax solutions for individuals and businesses alike.

Media

Media

No images available

Integrations Supported

Alto
LettsPay
PayProp
Reapit AgencyCloud

Integrations Supported

API Availability

API Availability

Pricing Information

£12/month
A 14-day free trial is available to invited landlords. Subscriptions are £12/month or £120/year, plus VAT; unlimited properties. Cancel anytime.
Free Trial Offered?

Pricing Information

£19.75/year
The first one-year term is free; thereafter, the charge is £19.75 per business per year. No credit card is required to sign up.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Landlord Studio

Date Founded

2016

Company Location

United Kingdom

Company Website

www.landlordstudio.com/uk/nexus

Company Facts

Organization Name

AccountsDesk

Date Founded

2020

Company Location

United Kingdom

Company Website

accountsdesk.co.uk

Categories and Features

Tax Compliance

Not specified

Categories and Features

Accounting

Not specified

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