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how best to pay tax due in past years

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Hi

Can anyone give advice on how best to pay tax due from previous years?

If someone has never filled in a tax return, but say has held several buy to let properties for the previous 5 years, how is it best to approach the tax office?

The net amount owned (rental income minus expenditure etc.) won't be a great amount, but appreciate this won't make a difference in the eye of the taxman.

Will be seeking out an accountant shortly, but any views appreciated.

Cheers

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  • Kimitatsu
    Kimitatsu Posts: 3,889 Forumite
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    Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere(please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]abuse@moneysavingexpert.com[/EMAIL].
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