Small business tax

Starting a new business or newly self-employed?

At Tax First, we can assist you with the paperwork involved in setting up your new business or self-employment. We can:

• notify HM Revenue and Customs of your new activity/venture
• register you for the payment of Class 2 National Insurance and arrange direct debit arrangements on your behalf
• advise you on document management and record keeping

Then, when your business is bigger, we can introduce you to our partner firm Rayner Essex, which can assist you with:

  • VAT registration requirements
  • PAYE scheme set-up
  • guidance on incorporation

Additionally, the Rayner Essex in-house payroll team can give complete staff remuneration support, including:

  • P11Ds and dispensations
  • BACS bureau facilities
  • end-of-year processing
  • company restructuring
  • PAYE inspections
  • advice on Construction Industry Scheme regulations