FACT SHEETS

Whether starting out as a sole trader or setting up your own limited company, deciding what structure to adopt is crucial when setting up a new business. From start-up fees to liabilities, there are a number of considerations to take. Have a look at our factsheet to determine what’s right for you.

A combination of salary and dividends is usually the most tax-effective way of getting funds from a limited company. Salaries are an allowable expense, helping reduce the corporation tax bill and the first £2,000 of annual dividends is tax-free. Our fact sheet sets out your tax-efficient payment essentials.

Planning for paying taxation is part of running a business – think corporation tax, VAT, and personal taxes. Being clued up on the current tax rates is essential to keep your business running smoothly. Stay firmly in the know with this guide to tax rates.

Setting up your business is the start of a new adventure, but it can also be overwhelming. Taking the right steps will get your new business off to a flying start. Our simple checklist helps you tackle which order you need to do key tasks to run your business in the most tax-efficient way.

From keeping accurate day-to-day accounting records to ensuring annual financial statements and returns are provided to Companies House and HM Revenue and Customs, any company director has legal duties they must fulfil. Whether you’re getting a small start-up off the ground or running an established business, it’s essential to stay on top of your responsibilities. Our guide gets you started.

Planning for paying taxation is part of running a business – think corporation tax, VAT, and personal taxes. Being clued up on the current tax rates is essential to keep your business running smoothly. Stay firmly in the know with this guide to tax rates.

If you’re ready to incorporate your company, you can do it in a few easy steps with our Online Company Incorporations tool. But if you’re not quite ready, or if you’d like to check what information you’ll need to incorporate, you can use this handy PDF as a guide.

If you’ve already incorporated your company, to add any new directors submitting this quick form will let us set everything up for you.