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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 MTDKit?

MTDKit is a cloud-based solution designed specifically for UK sole traders, landlords, limited companies, and accountants, allowing for effective management of tax documentation and submission. It enables users to maintain digital records of their earnings and expenditures, import data from banks and letting agents through CSV files, track mileage, and generate financial statements. The application supports compliance with Making Tax Digital (MTD) regulations by facilitating quarterly updates for Income Tax as well as final submissions, including MTD VAT returns sent directly to HMRC, alongside separate Corporation Tax CT600 filings that use iXBRL accounts. Users can verify and approve their submissions before they are filed, which promotes both accuracy and adherence to regulations. Moreover, a public expense checker is included to assist users in ensuring their expenses align with HMRC standards. Accountants have the capability to access the accounts of their clients, and the All-Inclusive plan presents a user-friendly multi-client dashboard. A free account option is available for basic record management and CSV imports, although paid plans and submission fees are required for advanced filing functionalities. MTDKit is purposefully designed for UK tax reporting and does not feature Open Banking integrations, making it a specialized tool for its target audience. Ultimately, MTDKit not only simplifies the tax process for its users but also significantly boosts their efficiency and compliance in managing finances, establishing it as a crucial resource in their financial toolkit.

Media

Media

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

£0
A free account includes digital records and CSV imports. Pay as you go: VAT returns £3 per submission (first submission free) and CT600 returns £15 per submission. The ITSA plan is £2.99/month or £24/year; VAT and CT600 fees still apply. All-Inclusive is £9.99/month or £99/year and includes VAT and CT600 submissions, subject to monthly fair-use caps. No setup fee; prices include VAT. From December 1, 2026, new subscriptions are £5.99/month or £59/year for ITSA and £12.99/month or £129/year for All-Inclusive; existing subscriptions retain their price while active.
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

MTDKit

Date Founded

2021

Company Location

United Kingdom

Company Website

mtdkit.com

Categories and Features

Tax Compliance

Not specified

Categories and Features

Tax Compliance

Not specified

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