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Self Assessment commercial software - Overseas Landlords

Julie_Mackenzie 2 years ago updated by GU1 Property Limited 2 years ago 1

OCan you get listed here, as landlords living outside the UK now need to buy software - from the approved list below - to do out tax returns ...but hang on .. this is what I use LLV for ... 

https://www.gov.uk/government/publications/self-assessment-commercial-software-suppliers/self-assessment-online-commercial-software-suppliers


And in a few year, perhaps everyone could be required to do this....

This is the message I just recieved from HMRC:

Dear customer,
Our records show that you’ll need to send us your Self Assessment tax return and pay any tax you owe by 31 ‌‌January 2022. But you don’t have to wait until January – you can file your return now and get it out of the way.
You’ll still need to submit a return even if you don’t owe any tax.
If you have someone who helps you with your tax affairs (for example, an agent), please show them this email so they can help you get your Self Assessment right.
Start your return now
If you’re outside the UK, you’ll need software to complete your return.
Go to GOV‌‌.UK and search 'Self Assessment commercial software'.

We recommend you start your return now to:
give yourself enough time to find any extra information you may need
find out how much you owe – this can help you budget and plan for your January payment.
If you’ve already sent us your return and paid, thank you. You don’t need to do anything else.

I have a similar thing as we are a off shore limited company and have to do this now and also submit iXBRL accounts, something that at the moment LV does not do. It would be great if they can make LV able to produce this report for accounts and also be an approved software for working with HMRC.