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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.
We can help you throughout your journey, looking at:
- 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
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.
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.
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.
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.
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.
[Company name] provide the following key services.
Latest news from [Company name]
HMRC have proposed a new criminal offence for making reckless, untrue statements or declarations about what's known as 'direct taxes' - Income Tax, National Insurance and the like. For Customs and Excise and VAT ('indirect taxes'), it is already possible to prosecute individuals who make untrue statements or submit incorrect documents either knowingly or recklessly, without the need to prove dishonesty. The penalties for such offences can be severe, including substantial fines and imprisonment. The direct tax regime does not currently contain an equivalent offence.
