How to Form a Limited Company
A step-by-step guide to forming a Limited Company, including preparing your memorandum & articles, picking shareholders & protecting your personal details.
Business Registration
Here you’ll find everything you need to know about registering your business, including choosing between sole trader and limited company, the paperwork you need to fill in to register your chosen business structure as well as where to find it and what happens next.
Friendly Disclaimer: Whilst I am an accountant, I’m not your accountant. The information in these guides are legally correct but are for guidance and information purposes only. Everyone’s situation is different and unique so you’ll need to use your own best judgement when applying the advice that I give to your situation. If you are unsure or have a question be sure to contact a qualified professional. I cannot accept responsibility for any losses or penalties you may incur while following the contents.
Business Structures
Choosing a business structure is often the trickiest part of registration often causes a huge amount of worry. In the business structures section, you’ll find helpful guides explaining the difference between all the most common business structures available as well as some help with choosing which one is right for you.
Form a Limited Company
If you’ve decided forming a Limited Company is right for your business or side hustle, then the next step is to start filling out the paperwork and understanding the forms you’ll need to complete each year. In the Form a Limited Company section, you’ll find guides explaining what you need to do to register with Companies House and what you’ll be responsible for doing as a Company Director.
Register as Self Employed
Registering as self-employed is the quickest and easiest way to let HMRC know you’re working for yourself. In the Register as Self Employed section, you can find out how to complete your registration online on the HMRC website.
Register a Partnership
Setting up a partnership is ideal if you want to work with someone, share the profits and minimise the paperwork. In the Register a Partnership section, you can find out more about registering a partnership, how the tax works and the forms you need to complete.
Sole Trader vs Limited Company? What’s Better?
Stuck in the sole trader vs Limited Company dilemma? Find out the difference between sole trader or Limited Company, tax benefits & asset protection.
Can You Be Self-Employed and Only Work for One Company?
Being self-employed and only working for one company isn’t an unusual scenario these days – think about Uber drivers, Deliveroo riders and Amazon Flex workers. But there are tax implications. In this guide, you’ll find out whether you can work for one company on a self-employed basis and the tax side of things.
Naming Your Self-Employed Business
The right name creates the right impression & tells your customers everything you’re about. If you’re struggling, here’s some tips to help you come up with the perfect business name.
UK Business Structures Explained
Determine which is the right legal structure for your new business and where to find further information on registering the one you choose.
How to Register as a CIS Subcontractor Online
This step-by-step guide to CIS registration shows you what you need to do from start to finish to apply for your CIS card. I’ll cover everything you need to know about CIS, registering as a subcontractor, how to check your tax status, your responsibilities and some tips on reducing your tax bill.
Hobby or Business? What Are the UK Tax Rules?
Accidental business owner? Or hobbyist? Read about the Hobby Business Tax Rules to check whether you on the right side of HMRC.
How to Change Your Company Authentication Code
A Company Authentication Code acts as your Limited Company e-signature for filings at Companies House. Here’s a step by step guide to help you change this crucial code to something more memorable. 1. Log Into Companies House Webfiling Head over to the Companies House website HERE and login using your registered email address and password. … Read more
How to Register as a Landlord with HMRC
You must register as a Landlord with HMRC so that you can declare and pay tax on rental income you collect. Here’s a step by step look at how you do it.
How to Get a UTR Number from HMRC
UTR Stands for Unique Tax Payers Reference. If you have been asked to get a UTR then the quickest way is to go online. Here’s what you need to do.