Following the box from Charles
Hi Andrew, here’s what the box was about.
Lettings operations is where every one of these questions lands, so I wanted you to have this first.
From April 2027 the Making Tax Digital line drops to £30,000. Average rent in Kensington and Chelsea is £3,739 a month, which is £44,868 a year. One average flat takes a landlord over the £30k line, so almost every landlord you manage is in from April 2027.
Every landlord in scope needs digital records and HMRC-compatible software. Your rental statements already give them the figures. Today, they or their accountant still have to type those figures into their software.
Nexus does that bit automatically. It pulls the rent, fees and expenses your team already records in Reapit into each landlord’s own Nexus account. Your landlords, or their accountants, still do the filing. Domus Nova doesn’t take on any tax or bookkeeping work.
Your role is simply to give landlords the option, through your own sign-up page. Your client accounting stays exactly as it is, and your agency earns commission.
I’ve worked out roughly how many of your landlords that covers. Could we take 20 minutes to go through it?


