Nigel Black

Registered with Property118.com
Saturday 28th June 2014


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Total Number of Property118 Comments: 1

Nigel Black

13:31 PM, 26th March 2018
About 3 years ago

Foreign Property Income but no UK tax return?

Reply to the comment left by Neil Patterson at 26/03/2018 - 10:00
Hi Neil,
Many thanks for the information and reassurance that HMRC May be quite understanding seeing that this has been a genuine mistake and not for tax avoidance reasons.
We have got a full record of ATO annual submissions completed by our Australian Tax Consultant which indicates a loss. I have completed a full calculation of the income and expenditure according toHMRC allowable guidelines, including exchange rates and it still provides use with NIL tax due to a loss.
Am I right in saying that I will be able to submit the full financial account of the revised UK allowable items, including ATO forms from the initial dates 10 years ago?... Read More