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.