It’s time to choose your landlord MTD software. Making Tax Digital (MTD) for Income Tax is fast approaching. From April 2026, many landlords will be legally required to keep digital records and submit updates to HMRC using MTD-compatible software.

With the deadline fast approaching, a common question we hear from landlords and accountants is:

“Should we wait until closer to April 2026 before choosing software?”

For most, the answer is no. And if you’re choosing now, there are clear reasons why Hammock stands apart as the option for landlords and their accountants.

Below, we explain why picking Hammock now makes sense, and what genuinely differentiates it from existing and “in-development” MTD solutions.

1. Hammock is the first landlord software recognised by HMRC as MTD-compatible

This is the most important place to start.

Hammock is the accounting software for landlords:

Recognised by HMRC
MTD-compatible today
Live and available to enrol in the MTD pilot
Authorised by the FCA (register no. 911254)
Tested and recommended by over 1,000 accountants
Delivered tax statements since 2019

Many products talk about being “MTD-ready” or “coming soon”. Hammock is already:

Recognised by HMRC
Submitting compliant data
Being used by real landlords and accountants for the MTD pilot

Choosing software early means:

No last-minute rush
No migration panic
No reliance on features that may or may not arrive in time

If you want certainty, availability now matters.

2. Built specifically for landlords — not retrofitted from generic accounting software or bolted on to property management software

A major issue with many existing options is that they weren’t designed for landlords in the first place.

Hammock is landlord software first, not a general accounting product adapted to property income.

That means:

Property-level income and expenses are handled properly
Rental activity is separated clearly from personal finances
Reports make sense for property portfolios, not just businesses

This becomes even more important under MTD, where clean digital records and consistent categorisation are essential.

3. Fully supports all ownership structures — including joint ownership

Joint ownership is one of the most common (and most problematic) scenarios for landlords under MTD.

Hammock supports:

Sole landlords
Jointly owned properties
Multiple owners with different ownership percentages
Portfolios held across different structures

Income and expenses are:

Automatically apportioned
Accurately reported for each individual
Structured in a way that works for both landlords and accountants

This is an area where many solutions fall short or require manual workarounds. Hammock handles it natively.

4. Unlimited bank feeds — no caps, no hidden limits

MTD relies on accurate, up-to-date digital records. Bank feeds help make bookkeeping much more efficient.

With Hammock:

There is no limit to the number of connected bank feeds
You can connect multiple personal and property-specific accounts
New feeds can be added as your portfolio grows

Some providers restrict feeds or charge extra as you scale. Hammock doesn’t.

For landlords with complex setups — or accountants managing multiple clients — this makes a real difference.

5. Spreadsheet upload functionality — ideal for transitions and accountants

Not everyone is starting from scratch.

Hammock allows you to:

Upload existing spreadsheets
Import historical data
Transition portfolios without losing records

This is particularly valuable for:

Landlords who’ve managed properties in Excel for years
Accountants onboarding new clients
Portfolios that pre-date MTD but still need continuity

MTD doesn’t mean abandoning what you already have. Hammock makes the move practical.

6. FCA-authorised — your data handled properly

Hammock has its own FCA authorisation (register no. 911254).

This matters because it means:

Strong regulatory oversight
Secure handling of financial data

It’s a level of assurance not all software providers can offer.

7. Award-winning product — recognised by the landlord industry

Hammock was named Product of the Year 2025/26 at the National Landlord Investment Show Awards.

That recognition reflects:

Real-world usefulness
Strong adoption by landlords
Trust from professionals in the sector

It’s not just about being compliant — it’s about being good to use.

8. Designed for collaboration between landlords and accountants

MTD changes the relationship between landlords and accountants. Quarterly updates mean ongoing collaboration, not once-a-year contact.

Hammock supports this by:

Giving both parties access to the same live data
Reducing back-and-forth over missing information
Making reviews faster and more structured

For accountants, this means:

Cleaner records
Fewer surprises
Better conversations with clients

For landlords, it means:

Less admin
More clarity
Fewer last-minute scrambles

9. Why waiting is the riskiest option

We understand. It is tempting to procrastinate and “deal with MTD later”. In practice, this will lead to:

Rushed decisions
Incomplete data
Stressful migrations close to the deadline

Starting now allows you to:

Get comfortable with digital record-keeping
Clean up existing data
Spread the workload over time
Start April 2026 confident and compliant

MTD isn’t just a filing change — it’s an operational one.