Are you thinking of starting a business?
If you're considering starting a business, there’s a lot to think about - especially when it comes to finances, tax and compliance. From choosing the right structure (sole trader, partnership or limited company) to registering with HM Revenue and Customs (HMRC), keeping proper records and understanding your tax responsibilities, it’s important to get things right from the start. You may want to consider: When and how to register for VAT Setting up payroll if you’ll be taking on staff Planning for Corporation Tax or Self Assessment Claiming allowable expenses Understanding what support and reliefs are available for new businesses To [...]