{"id":1234,"date":"2026-06-03T06:53:44","date_gmt":"2026-06-03T06:53:44","guid":{"rendered":"https:\/\/www.bsassociate.co.uk\/blog\/?p=1234"},"modified":"2026-06-19T05:29:01","modified_gmt":"2026-06-19T05:29:01","slug":"hmrc-2026-capital-gains-manual-property-income-reporting","status":"publish","type":"post","link":"https:\/\/www.bsassociate.co.uk\/blog\/hmrc-2026-capital-gains-manual-property-income-reporting\/","title":{"rendered":"HMRC 2026 Capital Gains Manual Changes and Their Impact on Property Income Reporting\u00a0"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Many UK landlords are now entering a new phase of tax reporting. What was once an annual task completed around the&nbsp;self-assessment&nbsp;deadline is gradually becoming a&nbsp;year-round&nbsp;process shaped by digital reporting rules and stricter compliance expectations.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The April 2026 updates to&nbsp;<a href=\"https:\/\/www.gov.uk\/government\/collections\/capital-gains-tax-hmrc-manuals\" target=\"_blank\" rel=\"noreferrer noopener\">HMRC\u2019s Capital Gains Manual<\/a>, alongside the rollout of Making Tax Digital for Income Tax&nbsp;self-assessment&nbsp;(MTD ITSA), introduce&nbsp;important changes&nbsp;for landlords, property investors, and&nbsp;self-employed&nbsp;individuals with rental income.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These updates affect how rental income is recorded, how property sales are reported, and how landlords manage tax obligations throughout the year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For some property owners, the changes may simply mean adopting&nbsp;<a href=\"https:\/\/www.gov.uk\/guidance\/choose-the-right-software-for-making-tax-digital-for-income-tax\" target=\"_blank\" rel=\"noreferrer noopener\">digital accounting software<\/a>. For others, especially landlords managing multiple properties, they may&nbsp;require&nbsp;a complete review of bookkeeping processes and tax planning arrangements.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding the practical impact of these changes early can help landlords reduce reporting mistakes, avoid penalties, and stay&nbsp;organised&nbsp;as HMRC continues moving toward a more digital tax system.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At Brayan &amp; Spencer Associates, we help landlords and property investors stay&nbsp;organised&nbsp;with changing HMRC reporting requirements while supporting better tax planning and&nbsp;accurate&nbsp;property income reporting.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why HMRC Is Expanding Digital Reporting<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">HMRC\u2019s long term&nbsp;objective&nbsp;is to reduce errors caused by manual record keeping and delayed reporting.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traditionally, many landlords updated their financial records once a year, often close to filing deadlines. This sometimes resulted in:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Missing expense records&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Incorrect income calculations&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Delayed submissions&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Incomplete documentation&nbsp;<br>&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Making Tax Digital is intended to create more regular reporting habits by encouraging landlords to&nbsp;maintain&nbsp;digital records throughout the tax year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For landlords, this means property accounting is becoming more consistent and technology driven.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Updated Capital Gains Tax Rules on Residential Property<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The revised HMRC guidance confirms that residential property gains&nbsp;remain&nbsp;subject to different tax rates depending on a taxpayer\u2019s income position.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In general:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Higher rate taxpayers are taxed at 24% on residential property gains&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Taxpayers with available basic rate band capacity may qualify for the lower 18% rate&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Certain qualifying business disposals may still attract relief at reduced rates&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Although the rates themselves are important, the wider issue for landlords is proper planning before a sale takes place.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Many property owners underestimate how factors such as improvement costs, ownership structure, relief eligibility, and&nbsp;previous&nbsp;losses may affect the final tax position.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reviewing these areas before exchanging contracts can often help avoid unexpected liabilities later.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>HMRC Manual Clarifications on Property Transactions<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The updated guidance also provides more detail on how HMRC approaches certain land and property related transactions.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This includes clarification around:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The treatment of capital losses connected to&nbsp;non-resident&nbsp;property gains&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The distinction between capital receipts and income receipts&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Certain compensation payments linked to business goodwill&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">While these topics may appear technical, they are relevant for landlords involved in more complex property arrangements, business restructuring, or overseas ownership.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Clearer guidance helps reduce uncertainty when reporting these transactions.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Making Tax Digital for Income Tax<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The biggest practical change for many landlords comes through&nbsp;<a href=\"https:\/\/www.bsassociate.co.uk\/blog\/making-tax-digital-income-tax-sole-traders-landlords-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\">Making Tax Digital for Income Tax<\/a>&nbsp;self-assessment.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From April 2026, individuals with qualifying gross income above \u00a350,000 are expected to&nbsp;comply with&nbsp;digital reporting obligations.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This includes:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Keeping digital accounting records&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Using compatible software&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sending quarterly updates to HMRC&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Completing year end&nbsp;finalisation&nbsp;submissions&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This&nbsp;represents&nbsp;a major shift away from traditional once per year reporting.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For landlords who currently rely on manual spreadsheets or&nbsp;paper-based&nbsp;systems, preparing early may help make the transition smoother.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Understanding the \u00a350,000 Threshold<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A common area of confusion is how HMRC calculates the income threshold.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The figure is based on gross income before expenses.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This may include:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rental income&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sole trader turnover&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Freelance earnings&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Additional&nbsp;self-employed&nbsp;income&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For example, someone earning \u00a335,000 from property rental and \u00a318,000 from&nbsp;self-employment&nbsp;may fall within the MTD rules because their combined gross income exceeds \u00a350,000.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Many landlords mistakenly focus only on taxable profit rather than total qualifying income.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quarterly Reporting Will Change Record Keeping Habits<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Under the new system, landlords will need to update records more regularly instead of waiting until year end.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This means keeping track of:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rental income&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Allowable expenses&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mortgage related costs&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Repairs and maintenance&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Property related invoices&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For landlords managing several properties, regular bookkeeping may become increasingly important to&nbsp;maintain&nbsp;accurate&nbsp;submissions throughout the year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using digital accounting software can also help improve visibility over cash flow and estimated tax exposure.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tax Payment Dates Remain the Same<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although reporting frequency is changing, the standard tax payment dates&nbsp;generally remain&nbsp;unchanged.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Payments on account still normally fall on:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>31 January&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>31 July&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The main difference is that landlords will now be expected to provide more regular updates to HMRC during the tax year.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The&nbsp;60 Day&nbsp;Property Reporting Rule Still Applies<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Landlords selling UK residential property must also continue following the separate property disposal reporting system.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under current rules:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Residential property disposals must usually be reported within&nbsp;60 days&nbsp;of completion&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Estimated tax due must also be paid within that period&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This requirement applies separately from Making Tax Digital submissions.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Missing the reporting deadline may lead to penalties and interest charges.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>MTD and Property Disposal Reporting Are Separate Processes<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One&nbsp;important point&nbsp;many landlords overlook is that quarterly MTD reporting does not replace the&nbsp;60 day&nbsp;property disposal reporting obligation.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A landlord selling property may therefore still need to manage:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Quarterly MTD updates&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Annual declarations&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Separate Capital Gains Tax reporting after a sale&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding the difference between these reporting systems is important for avoiding compliance mistakes.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Common Challenges Landlords May Face<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The move toward digital reporting may create difficulties for landlords who previously relied on manual administration.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some common issues include:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Incomplete Records<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Missing invoices or receipts may create inaccurate reporting.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Incorrect Expense Treatment<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Certain costs may qualify as repairs while others count as capital improvements, which affects tax calculations.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Missed Deadlines<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Property disposal reporting deadlines continue to catch many landlords by surprise.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Outdated Software<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Some accounting systems may not meet HMRC\u2019s digital reporting requirements.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Steps Landlords Can Take Before April 2026<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Preparing in advance can help reduce future&nbsp;disruption.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Review Your Income Position<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Calculate all qualifying income sources carefully using gross figures before expenses.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Improve Record Keeping<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Digital bookkeeping systems may help simplify quarterly reporting requirements.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Organise&nbsp;Property Documents<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Maintain&nbsp;accurate&nbsp;records for:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Property purchase costs&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Legal fees&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mortgage interest&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Repairs&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Improvements&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rental income&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Plan&nbsp;Before Selling Property<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Review potential tax exposure before completing property sales rather than waiting until after the transaction.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Professional Guidance Is Becoming More Important<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Property tax reporting is becoming more detailed and increasingly&nbsp;technology focused.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Many landlords now require&nbsp;additional&nbsp;support to manage:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Digital reporting obligations&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Property disposal calculations&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Record keeping requirements&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tax planning opportunities&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">At Brayan &amp; Spencer Associates, we work with landlords and property owners looking for practical support with property tax reporting and compliance.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Final Thoughts<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The 2026 updates to HMRC\u2019s&nbsp;<a href=\"https:\/\/www.gov.uk\/government\/collections\/capital-gains-tax-hmrc-manuals\" target=\"_blank\" rel=\"noreferrer noopener\">Capital Gains Manual<\/a>&nbsp;and the continued expansion of Making Tax Digital represent a major change in how landlords manage property taxation in the UK.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The focus is shifting toward continuous reporting, digital record keeping, and faster compliance processes.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For landlords, preparing early may help reduce reporting problems and improve visibility over future tax obligations.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reviewing your systems now, understanding the reporting requirements, and&nbsp;maintaining&nbsp;accurate&nbsp;financial records will become increasingly important as HMRC continues&nbsp;modernising&nbsp;the tax system.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you would like support with property tax reporting, Capital Gains Tax planning, or digital bookkeeping preparation, Brayan &amp; Spencer Associates can help you navigate the latest HMRC changes more confidently.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Visit&nbsp;<a href=\"http:\/\/www.bsassociate.co.uk\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.bsassociate.co.uk<\/a>&nbsp;or call 0207 183 5956 for guidance tailored to landlords and property owners.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong>&nbsp;<\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1781846784755\"><strong class=\"schema-faq-question\"><strong>What is the\u00a060 day\u00a0Capital Gains Tax reporting rule?\u00a0<\/strong><\/strong> <p class=\"schema-faq-answer\">UK residential property disposals usually need to be reported to HMRC within 60 days of completion, including payment of any estimated Capital Gains Tax due.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1781846839286\"><strong class=\"schema-faq-question\"><strong>What is the Capital Gains Tax rate on residential property in 2026?<\/strong><\/strong> <p class=\"schema-faq-answer\">Higher rate taxpayers usually pay 24% Capital Gains Tax on taxable residential property gains. Taxpayers with available basic rate income tax bands may pay 18% on part of the gain<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1781846851317\"><strong class=\"schema-faq-question\"><strong>Who must follow Making Tax Digital rules from April 2026?\u00a0<\/strong><\/strong> <p class=\"schema-faq-answer\">Landlords and self employed individuals with combined gross income above \u00a350,000 are expected to follow HMRC\u2019s Making Tax Digital reporting requirements from April 2026.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1781846864437\"><strong class=\"schema-faq-question\"><strong>Does Making Tax Digital replace\u00a0Self Assessment?\u00a0<\/strong><\/strong> <p class=\"schema-faq-answer\">No. Self Assessment still continues. However, qualifying taxpayers must also submit quarterly digital updates and year end declarations through compatible software.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1781846890851\"><strong class=\"schema-faq-question\"><strong>Does the\u00a060 day\u00a0property reporting rule apply separately from MTD?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes. The 60 day property disposal reporting requirement remains separate from quarterly Making Tax Digital submissions.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1781846897794\"><strong class=\"schema-faq-question\"><strong>Can landlords still use spreadsheets under Making Tax Digital?\u00a0<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, but spreadsheets usually need compatible bridging software that connects with HMRC\u2019s digital reporting system.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1781846925243\"><strong class=\"schema-faq-question\"><strong>What income counts toward the \u00a350,000 MTD threshold?\u00a0<\/strong><\/strong> <p class=\"schema-faq-answer\">HMRC generally considers combined gross income before expenses, including rental income and self employment turnover.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Many UK landlords are now entering a new phase of tax reporting. What was once an annual task completed around the&nbsp;self-assessment&nbsp;deadline is gradually becoming a&nbsp;year-round&nbsp;process shaped by digital reporting rules and stricter compliance expectations.&nbsp; The April 2026 updates to&nbsp;HMRC\u2019s Capital Gains Manual, alongside the rollout of Making Tax Digital for Income Tax&nbsp;self-assessment&nbsp;(MTD ITSA), introduce&nbsp;important changes&nbsp;for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[77,78,75,76,45],"class_list":["post-1234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hmrc-news","tag-capital-gains-tax-accountant","tag-capital-gains-tax-advisor-near-you","tag-capital-gains-tax-specialist","tag-cgt-accountant","tag-making-tax-digital"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HMRC 2026 Capital Gains Manual Changes and Their Impact on Property Income Reporting\u00a0 - BS Associates Blog<\/title>\n<meta name=\"description\" content=\"HMRC\u2019s 2026 Capital Gains Manual changes affect UK landlords, 60 day CGT reporting, property income reporting, and MTD compliance. 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