Husband and wife jointly own property. No deed of trust no Form 17. Husband is self employed basic rate tax payer and all rental income has been declared on his return.There is no tax loss . Reason it was done this way appears to be because he was inside self assessment and as an employee( non connected employment )she was not.
Hmrc have issued tax returns for wife for 2015-2016.
Advice please as how to proceed and likely outcome re penalties.
Thank you for help