Advice on the best structure for your new business
As a business owner, the tax and legal obligations varies with each structure. The option you choose will be influenced by your own personal circumstances and your longer-term plans for the business.
The different business structures each have their own advantages and disadvantages, so it’s vital you understand what each offers you. Working out which option best suits you, and your new business, can be confusing but it is an important decision, and one that can have major ramifications over the years ahead, so it is important to choose the business structure that best suits your circumstances.
Come speak to us to help you decide.
Help setting up with HMRC for:
Deadlines for registering with HMRC
Company within 3 months of starting business
Sole trader or Partnership: by 5th October of your business’s 2nd tax year
Self Assessment: by 5th October
PAYE: Up to 2 weeks before the first pay day
VAT: Must register when you go over the threshold or know that you will
Simple to use excel bookkeeping software template or DISCOUNTED Cloud Software
Don’t go buying accounting software with features that you may never need and which will take up your valuable time and resources in trying to understanding how to use them, talk to us first.
A simple excel bookkeeping spreadsheet may be all you need.
Cup of coffee
Setting up a new business can be daunting so why not come and speak to us over a cup of coffee.
*The free advice we give is our way of introducing our company to you and there is absolutely no obligation for you to use us as your accountants
Contact us to take the next step in your businesses future.
Eazy Accounting! Have took the hassle away for me so that I can concentrate on building my business. Over time I have received some excellent advice from Zubber and he has always been very easy to approach, hence the name. Keep it up Eazy Accounting.
Assad Ali - Director - Monaco Hire Assist Limited