A relative is having some issues with his previous tax returns. He bought shares in 2019, told his accountant about them and furnished him with dividend amounts which he recorded and paid tax (all documented in his letter to his accountant). On review of his 2019 return in relation to the other issue he notes that there is no entry under the section headed ' chargeable assets acquired in 2019'. Does this matter ? ?
He also purchased a property in 2016 for personal use/ not for rental - should this also have been recorded under this same section?. He did tell his accountant but is uncertain whether he recorded it. Any issues down the road if it wasnt ? (he will check with revenue).
He also purchased a property in 2016 for personal use/ not for rental - should this also have been recorded under this same section?. He did tell his accountant but is uncertain whether he recorded it. Any issues down the road if it wasnt ? (he will check with revenue).
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