Deciding how to trade as a new business is not as easy as it sounds. At a time when you’re making many other decisions, this seemingly basic issue needs some very specialised advice. Here’s how Holmes Accountancy can help.
To get your company set up in the most tax efficient way, and also in the way that makes running it easiest, we need to look at a number of different factors – some of which you may not even think of yourself.
Together, we sit down and look at the pros and cons of running your business as a sole trader, partnership, or through a limited company or limited liability partnership.
Much as the background paperwork involves a lot of “legalese,” we take care of all that and simply discuss it with you in English.
If a limited company or limited liability partnership is the right choice for you, here at Holmes Accountancy we can get your company incorporated very quickly - often on the same day. We also save you the fuss of registering your business with Companies House and HMRC (we know how to fill in those pesky forms correctly).
In addition, we ensure that you get the maximum benefit in terms of taxation and protection, right from day one.