Accountant for Business Start-ups
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Helping You Start a Business The Right Way
Those who have the skill to start their own business, tend not to be experts in the legal and financial aspects of its operations. These matters can often appear daunting. Fortunately, you do not need to have extensive knowledge in these fields to succeed in business, but you do need the support of a trained accountant with experience in business start-ups. Whether it’s an e-commerce store or a brick-and-mortar, our team is capable of supporting your business throughout its journey.
Business Start-up Walkthrough
Before you start your own business, it’s a good idea to sit down with us and discuss your business plan and projections. This will give us valuable insight into your business and help us provide the best possible advice.
We can also discuss your financial requirements and advise on the best sources of finance for your business.
The first step to setting up your own business is deciding which form it should take, whether that be a sole trader, partnership or limited company, and then registering it with the correct legal entities. We will discuss what type of company framework will best be suited to your needs and benefit your business by being the most tax-efficient.
If your business is required to run a payroll scheme, we will also take any necessary actions to ensure you comply with the Auto Enrolment pension regulations.
This means the correct deductions will be made on a regular basis for any employee enrolled into the scheme. We will also file any relevant documentation with the Pensions Regulator.
If your business carries out work in the construction industry you may need to register for CIS. Under the CIS scheme businesses are required to make deductions from any payments relating to labour.
These payments need to be reported to HMRC on a monthly basis to avoid penalties and interest.
More on our VAT Services
Keep records of your new business
Let our staff bring order to your books and keep them secure.