Landlord Pro Briefing 03: Income & Expense Management Section 3

Official Masterclass Part 03: HMRC Quarterly Submission

In this final briefing, we cover the core mission of Landlord Pro: fulfilling the 2026 HMRC Making Tax Digital (MTD) mandate with total privacy.

What we cover in this briefing:

Accessing the 'Tax' tab to view automated liability calculations.

Reviewing your quarterly financial summary (Income vs. Expenses).

The "Submit to Sandbox" process: How our secure bridge transmits data without exposing your private vault to the cloud.

Key Features Shown:

On-Device Calculation: No external servers see your raw data.

MTD Compliance: Prepared for the April 2026 tax law changes.

Secure Bridge Technology: Direct, encrypted communication with HMRC.

Start your private tax vault today:
🌐Easy learning https://landlordmtd.sarangproductions.com/

HMRC Sandbox Registered ID: 2026-OKE840

#LandlordPro #MTD2026 #HMRC #TaxCompliance #PropertyInvesting #SarangProductions
Tracking Rental Income & Costs
https://landlordmtd.sarangproductions.com/
Welcome to Section 3, how to add income and expenses.

This is the most important section because this is where you enter and manage everything.

Once you're on the dashboard, scroll down to Manual Entry. Click the Manual Entry button, and you’ll be taken to the audit and evidence screen.

Here, you can add a transaction name for any expense you have. For example, paint, repairs, or agency fees. Simply tap and enter the name of the expense.

After entering the name, assign a tag, such as repairs, and select which property the expense belongs to.

Next, choose the date by clicking the date section and selecting when the expense occurred. You can also add evidence, such as a bank statement or receipt, by attaching a file. Then enter the total amount from the receipt and confirm the final value.

After that, you can add notes describing the expense, or select a category such as repairs, management, travel, or insurance. We will cover these categories in more detail later, including expenses like mortgages and travel.

Once everything is complete, click save to store the entry in your wallet.

To view your wallet, click the shield button. There, you’ll see all saved entries with full details and attached receipts.

Now, if you want to add another entry, go back to the same Manual Entry section. We’ve covered expenses, so now let’s add income.

To add income, enter a transaction such as rent. Select the date the rent was received, attach a statement if needed, and enter the amount.

For example, you might enter £500 for monthly rent, or record an advance payment or deposit. Most rent is monthly, and you can also add a note to describe the payment.

Adding notes helps you understand the transaction later, especially when reviewing your records. You can also attach a bank statement or other supporting document.

Once you confirm, the entry will be saved in your wallet. Make sure you tag the correct property for each income entry.

You can click on any saved entry to view full details, including notes and transaction history. You can also edit entries if you made a mistake before finalising them.

Although automatic entries are available, I recommend using manual entry for better control and accuracy.

So, this is how you add income and expenses.

Thank you for watching Section 3.

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