Thursday 8 April 2010

10 Top Tips for Start Up Businesses. Make sure yours doesn't join the Failures!!

TIP 1

Understand Your Tax Obligations!!

> Sole Traders need to register with HMRC within 3 months of start up!

> Limited Companys need to make sure they register for PAYE

> Learn the basics about your tax obligations. There is PAYE, VAT, Corporation Tax, Personal Tax and CIS to consider! The HMRC website will provide information on many of these topics, if not ask your accountant!

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