Setup Your Business
This section covers:
You must choose a structure for your business. This structure will define your legal responsibilities, like:
the paperwork you must fill in to get started
the taxes you’ll have to manage and...
Read more about Legal Structure
Register your new business with HM Revenue and Customs (HMRC) and create your HMRC online account at the same time.
Online services may be slow during busy times. Check if there are any current...
Read more about Register For Tax
There are 6 things you need to do when employing staff for the first time.
Decide how much to pay someone - you must pay your employee at least the National Minimum Wage.
Check if someone...
Read more about Employing & Developing People
You must get Employers’ Liability (EL) insurance as soon as you become an employer - your policy must cover you for at least £5 million and come from an authorised insurer.
EL insurance will...
Read more about Insurance
Working with advisers
Make sure you get an estimate from any advisers you work with, and agree in advance what they will do.
Some advisers will charge an hourly fee, and others may offer a fixed...
Read more about Advisors