Undeclared Income from property Rental

[chazer1]

I bought a flat back in 1987 and then started renting it out in 1989. I didn't make any profits for the next 4 years (due to maintenance costs etc.)and consequently I never declared the income. In total this is now aprox £13,000 after expenses for the entire rental period.
The flat became vacant in 2001. The IR has always seen this property as my PPR which it was not as I was living elsewhere in another property which I bought in 1991.
I realize I should have declared this and want to put the situation right, but am afraid of the penalties as I would have made incorrect declarations on my tax returns for so many years.
Has anyone got any advice for me on how to put things right.

[David40]

[ this answer has been removed as it is illegal ]

[Taxbar]

This site cannot assist people with evasion and David40's advice should be ignored!

You need to go to a tax specialist in back-duty cases who will prepare rental income schedules for all the prior years and submit them to the Revenue.
They should be able to negotiate a lenient solution from the Revenue.

If you leave the situation as it is you are merely storing up trouble for the future and ever increasing penalties and interest!

Daniel Feingold
Strategic Tax Planning
Info@stratax.co.uk

[chazer1]

Many thanks for your for your response...I was aware that Davids answer just left me with the same problem.

Where can I find a specialist in back duty tax cases?