Typical questions often asked regarding new businesses include:
. Should I form a limited company or operate as a sole trader / partnership?
. When do I have to notify HM Revenue & Customs?
. When will I have to pay tax?
. How much should I put aside for tax?
. When do I have to register fot VAT?
. Can I register for VAT voluntarily?
. What records should I keep?
. Will the people that I use be employed or self employed?
. Will I need to operate PAYE?
. Should my wife / husband be involved as an employee, partner or shareholder?
. If I set up a company, can I pay dividends?
. What accounting year end should I choose?
. How quickly do accounts have to be prepared after the year end?
. Should I open a seperate business bank account?
. How do I prepare a profit and cash flow forecast for my bank?
. I want to plan and monitor my business. How do I go about this?

If you have any questions whether included above or not, then please telephone or email us. Our details are shown on the above left of this page.

We have also provided some useful links to other Websites with information for new businesses. These include links to WENTA, HM Revenue & Customs, Companies House etc. Click on Useful Links.