Question:

I am setting up a new business in January, please could you inform me who i need to inform.?

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Is it easy keeping books (tax)?

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  1. If you are in the UK you also need to register with Companies House. Also it is worth bearing in mind how you wish to be recognised within the company too - that is to say if you are personally liable or not - or if your company is liable if an event took place for instance health & safety issues.

    Of course I digress as it may just be you - as mentioned below though - what protection do you have if you cannot work - HMRC has more answers on this matter then I ever will.

    With regards to tax - there are some good book-keeping software applications out there - sage is very good.

    Good luck!  


  2. You need to get a business license. You can go to your county economic development office for information of the items required in your area.  The are usually a big help.  Good luck!

  3. If you're in the UK, you need to inform HMRC (the tax office).

    If you go to the website below, you'll find all the information you need about starting a business.  If you live anywhere near a tax office, you would be able to pick up leaflets there too.

    Book keeping isn't difficult, so long as you keep all your business records up to date.  Just make sure you buy a cash book to start with, where you can record the money you receive and your expenses.  You must also keep all your records for seven years.  You'll find more about this on the HMRC website.  Good luck!

  4. If you are in the UK you need to contact HMRC to register yourself as self employed. If its in catering you need to contact the Environmental Health Dept before you open. If you are having staff you need to know about PAYE. You will need public liability insurance if you are dealing with the general public. You need to see an Accountant before you open, they will give you advise on how to do basic book keeping. Contact businesslink, they will answer all your queries.

    Good Luck.

  5. business and news

    http://yugtran.info/

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