My affairs haven't been in the best order and our business has now gone bust.
I have had to go thru business records in some detail for the liquidator and realised in doing so that I have not declared the correct dividend amount for the year ended April 16. I declared dividends of 20k when it should have been £40k.
What do i do? Can i let HMRC know and pay the tax that would have been due without penalty? It's surprising to me that they didn't find out and come chasing before now. But in light of all the other disasters happening to me right now I really want to get the personal tax side of things straight.
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