2018/19 tax returns can be amended by the taxpayer up until 31 January 2021.
Where the omitted property income or gain relates to earlier tax years the taxpayer should consider disclosing using HMRC’s let property campaign.
Our diverse team of tax professionals are committed to ensuring that your tax reporting obligations are fully satisfied and that every opportunity to lawfully exploit tax savings is made known to you, restructuring your affairs in a tax effective and efficient way.
If this affects you, we can assist you in putting together the information that HMRC requires. For more information and to discuss your tax affairs in further detail, contact Barrie Dunning or your usual Beavis Morgan Partner.