For people setting up business for the first time, the staff at Goodwins can assist with a ready guide to establishing and operating your financial systems to fulfil your reporting obligations.
We can lead you through your requirements from registering as self employed with both HMRC and the NI office, through to filing your period end returns and making appropriate payments to cover your tax and NI.
Prior to starting a new business we can also advise on the best tax efficient format for your operation – be it a limited company, sole trader or limited liability partnership – to optimise your returns and get your business underway in the most appropriate manner.