BANKS & Co

Business Start-Up

Starting a business is a really exciting time, but we know it is also a very busy time.

You will no doubt have your plans in place and the drive to succeed, but you may not be aware of all the financial aspects involved.

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We can help you throughout your journey, looking at:

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  • The business style - deciding your company type is important, our team will help decide whether a sole trader, partnership or limited company is best for you. We will consider and advise on the taxes and liabilities you may owe before making this decision.
  • Make sure you are set-up and registered with HMRC for all the right things, such as Payroll and VAT
  • Help set-up your business bank account
  • Advise on the suitable computer software
  • Work with you to set up the accounting system
  • Company secretarial duties

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Time spent at the beginning of the project is well spent and pays dividends as the business develops. Accounts have a habit of not developing at the same rate as the business, if the systems are not in place at the start. We will assign a client manager to you who will be with you throughout the initial journey and beyond.

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Talk to an expert
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Self assessment

Our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax, whether you're considering investments, a second home, or another asset.

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Corporation tax

Every year, corporation tax rates and reliefs vary, so we make sure we can offer all the necessary assistance and advice when examining potential exemptions, allowances, and deductions.  In order to make sure you are in compliance and avoid fines, we will carefully evaluate and produce corporate tax filings.  

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Capital gains tax

Whether you're considering investments, a second home, or another item, our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax.

Hand with pink nails holding a smartphone over a laptop keyboard on a wooden desk.
Personal tax planning

We can help walk you through the complicated subject of personal taxation, we are aware that it can be challenging to grasp, therefore we support you every step of the way. By developing a tax planning approach that works for your tax situation and helps ensure you pay the least amount of tax, we eliminate the time and worry involved. Our staff will provide guidance on when payments are due in addition to what paperwork must be submitted and returned in order to maintain compliance.

Latest news from [Company name]

October 12, 2026
Small manufacturers can apply for electricity-cost relief

Small businesses can now benefit from a new electricity-cost relief scheme that was launched on 1 October. Applications close on 30 November 2026.

Read article
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Read article
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Consultation on modernising corporate reporting

A new consultation that proposes loosening the rules on company reporting standards could both benefit companies and give cause for concern.

Read article
October 1, 2026
Companies House warns directors to avoid prosecution

Directors are being warned to verify their identities with Companies House or risk prosecution after the Insolvency Service secured its first convictions for these offences.

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Read article
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Britain's insidious long-term workers' absence

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September 24, 2026
Changes to Self Assessment reporting for directors

HMRC have clarified the position on Self Assessment tax return reporting requirements for directors of close companies and updated their guidance for directors of charities.

Read article
October 12, 2026
Small manufacturers can apply for electricity-cost relief

Small businesses can now benefit from a new electricity-cost relief scheme that was launched on 1 October. Applications close on 30 November 2026.

Read article
October 8, 2026
Have you checked your labour supply chains?

New laws from the beginning of the month make it critical for companies that rely on subcontractors, agency staff or complex labour supply chains to review their compliance procedures to identify employees who do not have the right to work in the UK.

Read article
October 7, 2026
Businesses worry legislative tax burden is increasing

The annual report from the Administrative Burdens Advisory Board (ABAB) shows a slight improvement in HMRC’s performance but there is a rising concern over legislative burden and continued difficulties with communication channels.

Read article
October 5, 2026
Consultation on modernising corporate reporting

A new consultation that proposes loosening the rules on company reporting standards could both benefit companies and give cause for concern.

Read article
October 1, 2026
Companies House warns directors to avoid prosecution

Directors are being warned to verify their identities with Companies House or risk prosecution after the Insolvency Service secured its first convictions for these offences.

Read article
September 30, 2026
Getting monthly Construction Industry Scheme (CIS) returns correct

Members of the Construction Industry Scheme (CIS) are due to get letters from HMRC where errors have been identified in their monthly returns. The letters, due in October, are in response to three common errors identified by HMRC.

Read article
September 28, 2026
Britain's insidious long-term workers' absence

Britain’s companies are facing a critical challenge with over one in five working-age adults out of the workforce, with ill-health and disability as major drivers.

Read article
September 24, 2026
Changes to Self Assessment reporting for directors

HMRC have clarified the position on Self Assessment tax return reporting requirements for directors of close companies and updated their guidance for directors of charities.

Read article
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