HMRC guidance explains the process for traders and property owners to make adjustments to their self-employment and property income figures prior to submitting their tax return. The guidance covers when adjustments should be made, the types of modifications that can be submitted, and the deadlines for implementing changes before return submission. This applies to sole traders, partnerships, and individuals with UK property income who need to correct or amend their reported figures.
Source: HMRC (GOV.UK) – Read the original