Checked against GOV.UK on 14 August 2026
Joint lets get a specific concession in the quarterly update rules, because getting expense figures out of a co-owner four times a year is not always realistic.
For jointly let properties, in your quarterly updates you can choose to include either:
If you choose not to include the expenses during the year, you must report them after the end of the tax year. You do that by resending your fourth quarterly update before you submit your tax return.
If you also solely own other properties, you must include both income and expenses for those properties in your quarterly updates. The concession is for the jointly let ones only.
Your share of jointly let UK property forms part of your single UK property business, alongside anything you own outright. For jointly let foreign property, you create separate digital records relating to your share of income and expenses for each property.
The digital-links rules do not require a landlord who jointly lets a property to link their digital records to the records of the other landlord.
General information about UK tax rules, not tax advice. Your own circumstances and HMRC's official guidance govern your position. If you are unsure, speak to an accountant or contact HMRC.
General information about UK tax rules, not tax advice. Your own circumstances and HMRC's official guidance govern your position. If you are unsure, speak to an accountant or contact HMRC. Tax rules change — if this page is more than a few months old, check the GOV.UK pages linked above. Found an error? Email hello@getaxionlabs.com and we will correct it.