Our Business Start-up Services
Our low-cost, all-inclusive fixed-fee accountancy service takes care of all your business and personal tax needs.
Starting a business is an exciting venture, and a well-crafted business plan is essential. This plan should outline your initial financial projections, company structure, and the necessary administrative tasks and procedures.
The tax implications will vary depending on your business structure. Setting up as a Sole Trader typically simplifies your taxes, but opting for a Limited Company can be more tax-efficient and offer greater tax planning opportunities. It’s important to consider what’s best for your situation. FM Accounting Services can guide you in making the right decision and managing your business finances.
You’ll also need to decide whether to register for VAT and whether to set up PAYE. FM Accounting Services can assist you in establishing the most effective accounting and administrative setup for your business.