HMRC Tax Personal Investigation
Mr A has owned a second property for 20 years. For some years on and off Mr A let the property out on shorthold tenancy for periods of upto 1 year. Mr A failed to declare this income to HMRC.
HMRC has contacted Mr A recently to bring his tax affairs up to date.
Mr A doesn't have all the records and doesn't remember exactly when and how much rental he got.
How far should Mr A go back?
What evidence to HMRC require? Bank statements?
How far does HMRC normally go back?