Re: Self employment advice?
- From: Peter Saxton <peter@xxxxxxxxxxxxxxxxx>
- Date: Mon, 14 May 2007 08:37:06 +0100
On Mon, 14 May 2007 07:24:54 +0100, alan@darkroom.+.com (A.Lee) wrote:
Firstly apologies if this is the wrong group, though it does seem to beWait until you start being self-employed and then, within 3 months of
the nearest to my query.
I'll be leaving my employment in July, and setting up myself as a Sole
Trader.It is 15 years since I last wasnt in employment, so my knowledge
of such matters has rapidly departed.
Who do I need to contact to tell that I am now self employed?
becoming self-employed, either:
call the Self?Employed Registration Helpline on
08459 15 45 15
or
complete CWF1
http://www.hmrc.gov.uk/forms/cwf1.pdf
I will be buying equipment for my business soon, I presume it is OK toYes
buy plant and tools, before I start trading?
Accounts/tax - when I was S/E before, I did all of my acccounts and taxIt's possible to do accounts and tax yourself but I would recommend
forms myself, is this still possible, or is it more advisable to get an
accountant doing the work for me? (this will be a low turnover
business, less than £20k for the first year).
that you keep the records yourself and provide an accountant with the
totals. It shouldn't be expensive for an accountant to review what
you've done, ensure you are getting all the tax benefits and submit
your return for you.
Any good sites that could help?http://www.businesslink.gov.uk/bdotg/action/home
--
Peter Saxton from London
peter@xxxxxxxxxxxxxxxxx
.
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- Self employment advice?
- From: A.Lee
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