Using Xero for Self-Employment & Property Income | MTD Guide (UK)

Using Xero for both self-employment and property income can feel complex, especially with Making Tax Digital (MTD) coming in.

In this video, Performance Accountancy explains how to manage multiple income streams in Xero, including both self-employed business income and rental property income.

We cover:

• how Xero handles self-employment and property income
• setting up separate income streams correctly
• managing multiple bank feeds
• categorising income and expenses
• preparing for MTD for Income Tax (MTD IT)
• what performers and creatives with rental income need to know

This guide is particularly useful for musicians, performers, and creatives who have more than one source of income and want a clear, organised system.