LRG – one of the UK’s largest agency groups – has launched a partnership to help landlords with Making Tax Digital.
The deal will see Nexus made available across LRG’s UK lettings network, including Romans, Leaders, Stirling Ackroyd, Gibbs Gillespie, Chancellors and Manning Stainton among others.
LRG manages more than 70,000 properties over 300 branches and 3,350 employees nationwide, making the agreement one of the largest single MTD rollouts in the UK lettings sector to date.
Nexus will be available from Monday.
Nexus has been developed for agent-managed landlords, including those who take a rent collection and/or a fully managed service. It connects directly to letting agent software and brings together rental income, management fees, expenses and property records in an MTD-ready workflow.
This means landlords do not need to rebuild records manually from rental statements each quarter, while agents can support clients with a clearer route through the new tax requirements.
Making Tax Digital for Income Tax Self Assessment came into force in April this year for landlords earning more than £50,000. T
he threshold reduces to £30,000 in April 2027 and £20,000 in April 2028.
Allison Thompson, Chief Lettings Officer at LRG, comments: “Our landlords need clear, practical support as Making Tax Digital becomes part of how rental income is reported. Nexus stood out because it has been built specifically for agent-managed portfolios. It allows landlords to meet their HMRC obligations with confidence, while our teams continue managing their properties in the same way they do today.”