I want to withdraw form 17. Is this possible? If so, can it be backdated?
H&W own rental property 1:99. H was higher rate taxpayer and W basic rate, so Form 17 was submitted so that H taxed on 1% and W on 99%. Today H is basic rate and W is higher rate so we want them taxed 50:50 thus enquiry whether Form 17 can be withdrawn.