Rental Profits & Council Rent Confiscation Order

Tax returns reflecting the rental income and expenses were duly filed for the tax years 2018-2020, relating a property subject to a house in multiple occupation (HMO). However, in 2022, the local council issued a confiscation order, leading to the repayment of rent to the council during the tax year 2023-24.How do we rectify the previously filed tax returns, taking into account the returned rent that had been previously declared.

Hi,
The only way you can amend submissions for previous years is by Over payment relief claim (OPR) but the  2018 and 2019 returns are out of time to claim:
SACM10040 for these years.
Thankyou.

Thank you for clarifying. Can a claim not be made under TMA 1970, Sch 1AB? I understand the time limit for that is 4 years.

Hi,
Yes, it is possible to make a claim under Overpayment Relief legislation.
Further information is available at:
SACM12005
Thank you.

Thank you for the email. The document SACM12005 mentions a form. Where can we find the form to make the claim? Thank you.

Hi .
 

Thank you for your question there is no specific form to claim overpayment relief it can be done in writing it just must state the points  at SACM12150  . Thank you.