New Business

If you have a new business idea where do you start? There are so many issues. What is the best structure? What are my accounting and tax obligations? How do I minimise my tax liability?

The issues are numerous and you may require professional advice on areas such as:

• Structure (e.g. company, self employed, partnership, limited liability partnerships, etc...)
• Your accounting records and what you need to keep.
• Accounting policies and rules.
• Accounting systems.
• Income and capital gains tax or corporation tax with associated tax reliefs.
• VAT
• PAYE and National Insurance
• Benefits in Kind.
• Employees and Employee incentives.
• Business rates.
• Financial & Capital purchases.

Having given advice on this area for many years we can help you with what to do.