H M Revenue & Customs
They are responsible for tax collection in the UK and HMRC’s website is a mine of useful information. There are full details of Income Tax, Inheritance Tax, Capital Gains Tax, VAT, Excise duties and Stamp duties, including all rates and allowances. The site can be accessed via their Home page at https://www.gov.uk/government/organisations/hm-revenue-customs
You may also find the following pages useful:
https://www.gov.uk/employment-status-indicator – Guidance on the employment status of workers
http://tools.hmrc.gov.uk/esi – This Employment Status Indicator tool will give their opinion of whether someone is your employee or is self-employed.
https://www.gov.uk/set-up-sole-trader – A guide to starting up in business as a sole trader
https://www.gov.uk/vat-registration/overview – A useful guide to VAT, including when and how to register
https://www.gov.uk/register-employer – A basic guide to how and when to operate PAYE
https://www.gov.uk/difficulties-paying-hmrc/overview – What to do if you cannot pay your taxes immediately
https://www.gov.uk/vat-flat-rate-scheme/overview – Advice on the flat rate scheme of VAT which can be advantageous under certain circumstances
Grants & Funding
Are you looking to see whether your business qualifies for any form of grant or funding. If so, then one very useful website to look at is https://www.gov.uk/business-finance-support-finder
The central site pointing you to the government’s latest information and advice on their services including information on retirement, caring for someone, motoring, travel, the environment, living abroad, parenthood, disability, plus many others.
If you are looking for company information or are looking to setup a new limited company then information about this can be found here
As an alternative to all of the above please feel free to contact us and we will be happy to assist – 01925 551833