Hi there I've joined to see if someone can shed light on my situation and the best way to resolve it.
I registered self-employed in mid-April 2012. I then learned that what I was planning would work better going through the job centre, regards getting start up help etc. So I signed on lesson than a week after registering self-employed.
I proceeded to take a job shortly after and was employed for a few years after. The problem is, in my naivety I assumed that my self-employment would be 'cancelled' due to my tax being dealt with by the companies I worked for henceforth.
So now I have tax returns to complete for all previous years going back to 2012, and pay all relevant penalties!
So my question is this; what is my best course of action? And would it be expensive to pay an accountant to sort this shambles out for me?
Thanks in advance.
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