Any one out there please help!
I filled in my tax form for 2002/3 and the tax office have decided to invetigate that return.
I have looked at the return and have realised there are serious errors in the figures I have provided.
On the form I have provided the following information:
Rental Income: 2500
Maintenance: 501
Insurance: 90
Having looked at the the figures again I should of put:
Rental Income: 5800
Maintenace: 900
Insurance: 90
I have no Idea how I came up with the original figures.
Can amyone tell me how I go about telling the revenue about my mistake?
Should I get a accountant to deal with this on my behalf?
What will the cosequences be for this mistake?
Any help most appreciated.
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