If you have just started your own business, there are bound to be a number of questions you have. We can advise on the advantages and disadvantages of trading as a company, partnership, or as a sole trader, so that you have all the information you need to make a decision.
Most people are completely unsure where to begin, so we start off by going through the steps that need to be taken to make HMRC aware of your self employment income or registering a company with Companies House. The initial steps will be to meet and to discuss your business and what is involved, after which we will give you a quote to do the work. After that, we will send forms to HMRC to let them know that you have self employment income and that a tax return will need to be filled, or that a your company is trading and a company tax return needs to be filled. You can ask us any questions that you have from bookkeeping advice to more in depth areas of tax.
We can also advise you on the best way to keep records of income and expenses.
If you have just started a business, the best advice we can give, is to get in touch. We can advise you from there and answer any questions you have.
Brighton & Hove Accountants - Wood & Associates LLP 